Onyx is a San Francisco, CA-based developer of an answer bot designed to build custom workplace AI assistants with technical prompts for each team. The company’s platform combines embedding models with keyword-based algorithms to find relevant documents across all sources, enabling clients to get relevant information without hassle.
Onyx was funded $10 million, led by Khosla Ventures and First Round Capital, with participation from Y Combinator and angel investors like Gokul Rajaram (Coinbase, Pinterest), Arash Ferdosi (Dropbox), Amit Agarwal (Datadog), Kulveer Taggar (Zeus Living), and others. The seed funding round aimed to enhance its open-source AI research agent, designed to streamline knowledge retrieval for teams.
This investment will support Onyx in further developing its AI research agent for workplace and expanding its team, particularly in engineering, developer relations, and go-to-market strategies.
As organizations grow, information often becomes dispersed across various platforms, making it challenging for employees to access critical data efficiently. Traditional keyword-based search methods frequently fail to retrieve relevant information from tools like Slack, Confluence, and Google Drive. Onyx aims to address this issue by acting as a 24/7 knowledgeable coworker capable of navigating over 40 integrated tools, including Salesforce, SharePoint, GitHub, and Gong, to answer user inquiries comprehensively.
Onyx’s AI research agent mimics human search behavior by exploring multiple pathways and delving into promising directions to gather complete contextual information for each query. This approach ensures that users receive accurate and thorough responses, reducing the time spent searching for information and enhancing productivity.
By adopting an open-source model, Onyx allows companies to maintain control over their data without relying on external parties. This approach ensures data privacy and security and fosters community collaboration, leading to continuous improvement and innovation of the AI agent.
Several enterprises have already integrated Onyx into their operations. Companies like Netflix and defense contractor Thales Group have adopted Onyx to enhance their teams’ efficiency and knowledge management capabilities.
The AI agent landscape rapidly evolves, with various open-source platforms emerging to address different business needs. For instance, platforms like XAgent and Mistral AI Agent offer customizable solutions for creating AI agents tailored to specific tasks. Onyx distinguishes itself by focusing on deep research capabilities within the workplace, aiming to become an indispensable tool for enterprises seeking efficient knowledge management solutions.
With the new funding, Onyx is poised to accelerate its mission of transforming how teams’ access and utilize information, reinforcing its position as a leader in the AI-driven enterprise search domain.
By: K. Tagura
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