这一年做 Agent 的公司，Coding 赚了钱，客服融了钱，你呢？

Core Insights - 2025 is expected to be the year of AI Agents, with nearly all AI products incorporating Agent functionalities [1] - The report by CB Insights titled "AI Agent Bible" provides a comprehensive overview of the Agent industry, highlighting over 170 promising AI Agent startups across 26 sub-sectors [2][3] Group 1: Key Observations - The report identifies several trends, including the rise of voice as the primary interaction method with AI, significant acquisition activity in the Agent space, and the increasing importance of payment infrastructure for Agent shopping [5][7][10] - High costs associated with AI reasoning are compressing profit margins, leading to a shift towards task-based pricing models [12][13][40] - The competition in the AI Agent market is intensifying, with a notable focus on general-purpose tools and specific applications in customer service and software development [18][22] Group 2: Market Dynamics - The report indicates that coding-related Agents are the most profitable, with an average revenue per employee of $1.4 million, while customer service Agents have a high valuation multiple of 219 times revenue [27][22] - The financial services and insurance sectors are particularly crowded, with a focus on specific workflows such as financial research and wealth management [23] - The report predicts that the next wave of vertical AI Agents will not only support operations but may also take on autonomous research functions [61] Group 3: Investment and Growth - In 2024, AI Agent startups attracted $3.8 billion in funding, nearly three times the total for 2023, indicating strong investor interest [45] - The report highlights the emergence of payment and voice AI as critical areas for future development, with significant investments and acquisitions occurring in these sectors [52][53] - Y Combinator's recent cohort shows a strong focus on Agentic AI solutions, with over half of the selected companies working on Agent technologies [55][59]