Induced AI wins $2.3M backing to revolutionize workflow automation

October 4, 2023

Aryan Sharma and Ayush Pathak, two teenagers who founded Induced AI, a automating browser-native workflows using natural language, have acquired $2.3M in seed funding from well-known investors like Sam Altman, Peak XV, and Daniel Gross.

Induced AI’s platform allows businesses to input their workflows in plain English, and the platform then converts the instructions into pseudo-code. This pseudo-code can then be used to automate repetitive tasks that are typically managed by back offices.

Induced AI’s platform is unique in that it can automate browser-native workflows. This means that it can automate tasks that are performed on websites, even if those websites do not have an API. This is because Induced AI’s platform spins up Chromium-based browser instances and uses its technology to read on-screen content and control the browser similarly to a human.

Induced AI’s platform can also be used to automate complex workflows, including those that involve two-factor authentication dialogues. The platform applies a bi-directional interaction system, enabling human involvement in certain steps as needed, while autonomously managing the remainder.

Induced AI’s recent seed funding round successfully raised $2.3 million, attracting investment from SignalFire, Untitled Ventures, SV Angel, Superscrypt, and other prominent figures. Elaine Zelby of SignalFire praised Induced AI as “RPA 3.0,” highlighting its human-like interaction and accessibility, achieved by allowing users to describe workflows in natural language.

The sources for this piece include an article in TechCrunch.

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Jim Love

Jim is an author and podcast host with over 40 years in technology.

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