Context, a startup developing an AI-powered office suite, raised $11 million in a seed funding round led by Lux Capital, with participation from Qualcomm Ventures and General Catalyst, bringing its total funding to approximately $15.75 million and valuing the company at $70 million.
Founded by Joseph Semrai, Context aims to leverage AI models to enhance digital office suites and improve user workflow by integrating various applications for better results.
In a market already influenced by AI-integrated office suite makers like Google, Microsoft, Canva, and Notion, Context distinguishes itself by focusing on enhancing data analysis capabilities and decision-making processes for users.
Context offers a chat-focused interface with AI capabilities to perform research, data analysis, and document creation, and it provides a Python interpreter for running code. The tool is designed to cater to users seeking improved data analysis tools not fully served by existing office suite offerings.