Bret Taylor’s Sierra buys YC-backed AI startup Fragment

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Sierra, the buyer provider agent startup based by way of Bret Taylor, introduced on Thursday that it has bought the YC-backed French startup Fragment, which is helping companies combine AI into workflows. 

That is Sierra’s 3rd public acquisition. It up to now bough Japan-based undertaking AI answers corporate Opera Tech (which it bought in past due March) and voice agent corporate Receptive AI (which it additionally introduced it bought in past due March). Fragment co-founders Olivier Moindrot and Guillaume Genthail will likely be becoming a member of the Sierra crew. 

In a weblog submit, Taylor and his co-founder, Clay Bavor, wrote that Moindrot and Genthail will deliver “treasured power” to Sierra’s “agent building efforts in France.” Phrases of the deal weren’t introduced. Pitchbook estimates that Fragment raised round $2 million thru its seed spherical.

Taylor, who additionally serves as OpenAI’s chairman of the board, co-founded Sierra along Google alum Bavor after stepping down as co-CEO of Salesforce in early 2023. The startup claims Casper, Transparent, and Brex as consumers, and has raised greater than $630 million in investment to this point, from traders together with Sequoia and Benchmark, giving it a $10 billion valuation. 


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