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Composite Secures $5.6 Million Seed Funding for Cross-Browser AI Agent Tool

Composite Secures $5.6 Million Seed Funding for Cross-Browser AI Agent Tool
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Composite, a startup specializing in AI agent tools for professional task automation, announced today it has raised $5.6 million in seed funding. The round was led by Nat Friedman and Daniel Gross' venture firm NFDG, with additional participation from Menlo Ventures and Anthropic's Anthology Fund.

The company, founded earlier this year by Yang Fan Yun and Charlie Deane, aims to develop an agentic solution capable of assisting professionals with tasks across various web browsers and applications. Yun, a former product manager at Uber, stated to TechCrunch that the initiative was driven by observations of "tedious work in their browsers" across different professional roles, including marketing, sales, recruitment, and security engineering.

Composite's solution is currently available for Macs and Windows. It operates via a browser extension, allowing its AI agents to integrate with and utilize existing web browsers without requiring users to switch platforms. The company indicates the tool can execute commands across multiple web-based services. For instance, it can process Jira backlogs, identify high-priority bugs, and mark duplicate issues as resolved. Recruiters can leverage it to search candidate profiles across different sites and draft personalized emails, while security engineers can generate vulnerability tickets based on alerts, and marketers can compile reports from various sources into insights summaries.

Yun differentiates Composite from other AI browsers and agents, such as those from OpenAI and Perplexity, by emphasizing its focus on professional use cases rather than general consumer needs like shopping or ticket booking. He added that the tool's ability to work within existing logged-on browser sessions eliminates the need for connectors. Future development plans include enhancing mechanisms for automatically surfacing tasks Composite can perform and introducing scheduling capabilities for recurring actions.

The market for AI agents in professional settings includes competition from browser-specific solutions like Perplexity's Comet and Opera's Neon, as well as broader agent platforms from companies such as OpenAI and Notion. Matt Kraning, a partner at Menlo Ventures, expressed confidence in Composite's approach, telling TechCrunch that the tool is "very intuitive to use for professionals without being overly technical." Kraning further noted, "Composite handles different modalities and sites very well, and it is designed with professional use cases in mind."

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