AutogenAI obtains $22.3M for its AI-enabled proposal writing tool

  • AutogenAI raised $22.3M from Blossom Capital to enhance its generative AI platform that supports businesses in writing more compelling bids and pitches.
  • Despite being operational for less than a year, it has already secured 28 clients but the names remain undisclosed due to client secrecy policies.
  • The tool merges language models, client data, and the company’s self-developed interface to generate highly tailored proposals, potentially increasing procurement efficiency by 10% and reducing the bid writing time by 70%.
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