8090 announced that it has raised a $135 million Series A funding round led by Salesforce Ventures. The round also included participation from WNDR, Craft Ventures, The Production Board, and LAUNCH.
The company also received support from angel investors including Nikesh Arora, Cliff Robbins, Adam D’Angelo, Shyam Ravindran, Abhi Arun, and Thomas Laffont.
8090 said the funding will support hiring as customer demand continues to accelerate.
The company also plans to invest in the compute and infrastructure required to deliver its solutions with high quality and reliability.
8090 is building an AI-enabled Software Factory designed to help organizations design and build new systems, refactor legacy systems, and accelerate business operations.
The company works with customers in highly regulated and complex industries, including healthcare, insurance, life sciences, aerospace, energy, manufacturing, financial services, and the U.S. government.
8090 said its platform is designed for mission-critical work in sectors with high oversight and low tolerance for error.
The company’s long-term goal is to make custom software capabilities that are typically available to the best-run companies accessible to more organizations.
8090 said that as its Software Factory is used for increasingly complex work, the company expects to build a playbook and network effects that can eventually support a broader range of users, from small and midsize businesses to solo founders.
The announcement was written by Chamath Palihapitiya, who said he is serving as CEO because he believes AI can become a major driver of economic mobility.
KEY QUOTES:
“AI is the greatest enabler of economic mobility in our generation, and 8090 puts the custom-software edge of the best-run companies in reach of every company.”
“The capital will go to two places. The first is hiring more people, because the demand we have is accelerating. The second is investing in the compute and infrastructure needed to keep delivering our solutions at high quality and reliability.”
“This is one of those rare moments when the technological ground is moving so ferociously underneath all of us that the decisions made in the next few years will set the stage for the next twenty.”
“AI can be the grand equalizer. It is the thing that can give everybody a shot, and I would like to help it achieve that potential.”
Chamath Palihapitiya, CEO of 8090
