CrewAI uses third-party models to automate business tasks

Date:

Share post:


Back in 2022, João Moura was directing AI engineering efforts at Clearbit, a startup creating a unified hub for business intelligence tools. There, Moura was responsible for leading the development of AI integrations, as well as defining Clearbit’s AI product roadmap.

After a year, HubSpot acquired Clearbit, and Moura had the itch to go it alone. He’d founded startups before, including Urdog, which sold a smart collar for pets. But this go-around, Moura had a more technically ambitious concept in mind.

Moura’s newest company, CrewAI, aims to automate repetitive, back-office tasks like summarizing reports and onboarding employees. Customers can build workflow automations using CrewAI’s platform, then deploy and track them from a dashboard.

CrewAI doesn’t train AI models itself. Rather, the company taps models from vendors such as OpenAI and Anthropic to drive automations. Companies can build workflows on top of the apps they already use to automate things like enriching marketing databases, analyzing customer feedback, and forecasting trends.

Moura pitches CrewAI as an alternative to robotic process automation, or RPA. RPA drives workflow automation. But it’s a much more rigid form based on “if-then” preset rules.

“We have made it easy for teams to build groups of AI ‘agents’ to perform tasks using any model, integrate with more than a thousand different applications, and to do so in a way that protects their data privacy,” Moura said. “We encourage our customers to try multiple models and pick the models that provide the best results for specific business use cases.”

Creating automations using CrewAI’s tooling. Image Credits:CrewAI

RPA is indeed brittle — and error-prone. A 2022 survey from Robocorp, an RPA vendor, found that of the organizations that said they’d adopted RPA, 69% experienced broken workflows at least once weekly. Entire businesses have been made out of helping enterprises manage their RPA installations and prevent them from breaking.

Of course, AI can break, too — or rather, hallucinate and suffer from the effects of bias. Still, Moura argues that it’s a far more resilient tech than RPA.

Investors seem to agree. CrewAI has raised $18 million across seed and Series A rounds from backers including Boldstart Ventures, Craft Ventures, Earl Grey Capital, and Insight Partners. Coursera co-founder and AI enterpreneur Andrew Ng has also invested, as has Dharmesh Shah, the co-founder and CTO of HubSpot.

CrewAI has competition in spades. Orby, Bardeen (which also has funding from HubSpot), Tektonic, 11x.ai, Twin Labs, and Emergence are all developing similar AI-powered, business-focused workflow automation products. Traditional RPA vendors like Automation Anywhere and UiPath, meanwhile, are working to incorporate more AI tech into their tools in an effort to stay relevant.

To its credit, CrewAI, which is currently valued at around $100 million, has managed to attract a sizeable number of customers — 150 — in its first year. (CrewAI launched in January.) And it’s angling to land more with Enterprise Cloud, a new managed subscription plan.

Built on top of open source components CrewAI has released over the past year, Enterprise Cloud provides additional access controls and analytics to help secure and audit automations. Subscribers also get “VIP” support and templates for workflows.

“We are seeing 100,000 groups of multi-AI executions per day across hundreds of different use cases,” Moura said. “Given our current pipeline, we could be cash-flow-positive by next summer.”

CrewAI, which is based in San Francisco and Brazil, plans to use the cash it has raised so far to grow its 16-person workforce and expand its core automation products.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Meta, X approved ads containing violent anti-Muslim, antisemitic hate speech ahead of German election, study finds

Social media giants Meta and X (formerly Twitter) approved ads targeting users in Germany with violent anti-Muslim...

Court filings show Meta staffers discussed using copyrighted content for AI training

For years, Meta employees have internally discussed using copyrighted works obtained through legally questionable means to train...

Brian Armstrong says Coinbase spent $50M fighting SEC lawsuit – and beat it

Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice,...

iOS 18.4 will bring Apple Intelligence-powered ‘Priority Notifications’

Apple on Friday released its first developer beta for iOS 18.4, which adds a new “Priority Notifications”...

Nvidia CEO Jensen Huang says market got it wrong about DeepSeek’s impact

Nvidia founder and CEO Jensen Huang said the market got it wrong when it comes to DeepSeek’s...

Report: OpenAI plans to shift compute needs from Microsoft to SoftBank

OpenAI is forecasting a major shift in the next five years around who it gets most of...

Norway’s 1X is building a humanoid robot for the home

Norwegian robotics firm 1X unveiled its latest home robot, Neo Gamma, on Friday. The humanoid system will...

Sakana walks back claims that its AI can dramatically speed up model training

This week, Sakana AI, an Nvidia-backed startup that’s raised hundreds of millions of dollars from VC firms,...