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Israeli AI startup Wonderful raises another $100 million, valued at $700 million
Yahoo Finance· 2025-11-11 14:01
Company Overview - Wonderful is an Israeli startup that provides a platform for managing AI agents across various communication channels, including voice, chat, and email, in any language [1] - The company has raised a total of $134 million, with $100 million in its latest funding round and $34 million in an initial round in July [1][2] Financial Projections - Wonderful anticipates reaching approximately $10 million in annual recurring revenue by 2025 and is currently valued at $700 million [2] Market Expansion - The company is experiencing rapid growth and has expanded into new markets in Europe and the Middle East since July, with plans to launch in the Asia-Pacific region in early 2026 [2][3] Demand and Funding - The demand for locally-designed AI agents is significant, as noted by the CEO, Bar Winker, who emphasized the enormous scale of enterprise demand [3] - The latest funding round was led by Index Ventures, with participation from Insight Partners, IVP, and existing investors Bessemer and Vine Ventures [3]