We began Dropbox Ventures to help corporations which can be reimagining how work will get performed—serving to groups transfer sooner, collaborate extra successfully, and deal with what issues most. At this time, we’re excited to share new investments that mirror our perception in AI’s capacity to streamline advanced workflows, together with updates from portfolio corporations which have reached significant milestones.
New investments
Final summer season, we introduced investments in 5 startups working to push the boundaries of what’s potential throughout design, safety, language fashions, and enterprise AI. Listed here are the most recent additions to our portfolio.
Spellbook: Remodeling how legal professionals evaluate and negotiate contracts
Spellbook is a generative AI assistant constructed particularly for transactional legal professionals who draft, negotiate, and evaluate enterprise contracts. Built-in straight into Microsoft Phrase, Spellbook brings superior drafting, evaluate, and evaluation instruments into present workflows, lowering friction when engaged on high-stakes paperwork. With its reference of in depth authorized information, Spellbook allows on the spot clause recommendations, redlining, and compliance checks in opposition to firm-specific precedents and market requirements—serving to authorized groups transfer sooner with out sacrificing high quality. As energetic customers ourselves, the Dropbox authorized staff has skilled Spellbook’s intuitive design and environment friendly contract evaluation firsthand. We’re excited to accomplice with a staff that shares our perception in utilizing AI to drive actual affect at work.
Momentic: AI-native automation for software program testing
Momentic is the AI-native check automation platform that helps engineering groups validate internet and cellular functions. By lowering the necessity for handbook check creation and upkeep, Momentic allows groups to ship extra steadily whereas sustaining product reliability as growth velocity will increase. Utilized by fashionable software program groups to routinely confirm actual consumer flows, Momentic is changing into more and more vital as organizations scale within the age of AI.
Kaya: Bringing predictability to development provide chains
Kaya is an AI-powered working system for mission-critical development tasks, unifying procurement, logistics, and asset lifecycle workflows right into a single predictive platform. Development groups usually depend on fragmented instruments like emails and spreadsheets to handle high-stakes provide chains, the place delays can price tens or lots of of 1000’s of {dollars} per day. Kaya centralizes these workflows and makes use of AI to assist automate coordination, floor threat, and help proactive decision-making. We’re excited to accomplice with Kaya as they bring about AI-native workflows to one of many world’s largest and least digitized industries.
Portfolio updates
Lakera: Acquired by Test Level
Lakera has been acquired by Test Level, marking a major milestone in enterprise AI safety. Lakera has helped organizations—together with Dropbox—shield in opposition to rising AI-driven threats and safely undertake massive language fashions. As a part of Test Level, Lakera’s expertise will assist ship end-to-end AI safety at enterprise scale—underscoring the rising significance of securing AI programs as they change into embedded in on a regular basis work.
AugX Labs: Acquired by JWX
AugX Labs, a Dropbox Ventures portfolio firm, has been acquired by JWX, a expertise platform supporting fashionable media companies. AugX Labs constructed Augie Studio, an AI-assisted inventive platform that helps groups rework present content material into multi-format experiences extra effectively. As a part of JWX, Augie’s expertise might be built-in into JWX Studio, serving to publishers unlock extra worth from their content material whereas streamlining manufacturing workflows.
Bardeen: Launched WIQ
Bardeen, a Dropbox Ventures portfolio firm, has launched WIQ, a workflow intelligence platform designed to assist enterprises make extra disciplined, data-driven choices as they embed AI brokers throughout their operations. By making a factual baseline of how work truly occurs throughout instruments and programs, WIQ helps organizations determine the place AI could have the best affect and measure outcomes as they scale from pilots to manufacturing.
Wanting forward
These investments and milestones mirror the type of innovation we’re proud to help at Dropbox Ventures. From authorized drafting and software program testing to development and AI safety, our portfolio corporations are making use of AI in sensible methods to unravel real-world issues. We’re excited to proceed partnering with founders who’re constructing instruments that assist groups work smarter at the moment and form the way forward for work.
To be taught extra about Dropbox Ventures or join with our staff, go to dropbox.com/ventures
