What does Context do?
Context is an AI-first office suite that leverages generative AI, long-context reasoning, and local-first security to help users work seamlessly with documents, data, and presentations. It is engineered to meet the rigorous compliance and security needs of enterprises and government agencies through its proprietary Context Engine.
How much did they raise?
The company raised $11M in Seed funding at a $70M valuation, with Lux Capital leading the round and participation from Qualcomm Ventures, General Catalyst, and other investors.
What are their plans for the money?
With the new funding, Context aims to refine its platform and prepare for a public launch next month, further enhancing its Context Engine to deliver near-final documents and presentations rapidly, ultimately transforming how professionals manage their workflows.
What have they achieved so far?
Context has already generated significant market buzz, with over 60,000 professionals eagerly awaiting its public launch.