Character Technologies Funding History

Character Technologies operates a platform where people chat with AI characters.

Company Overview

  • Character Chatbots

Founded 2021 · Menlo Park, California, US

Official Website

Character Technologies Funding Timeline

  1. Announced Aug 2, 2024

    Google Licensing & Funding Transaction

    ~US$2.7B (reported)

    Google received a non-exclusive license to Character.AI’s existing model technology, and co-founders Noam Shazeer and Daniel De Freitas returned to Google.

    Led by Google.

    Source · wsj.com ↗
  2. Announced Mar 23, 2023

    Series A

    US$150 million · $1B valuation

    Character.AI announced the round alongside an early preview of its C1.2 model. Sarah Wang joined the board as part of the financing.

    Led by Andreessen Horowitz.

    Source · reuters.com ↗
  3. Nov 15, 2021

    Seed

    US$43 million

    The early backing preceded Character.AI’s September 2022 public beta, which let users create and chat with AI characters.

    Led by Andreessen Horowitz.

    Source · businessinsider.com ↗

Character Technologies Founding Team

Character.AI grew out of its founders’ work on conversational language models at Google. At their own company they turned that research into a product where people could talk to AI characters. The founding team included Noam Shazeer and Daniel De Freitas.

Character Technologies Products

  • Character.AI

    Converse with fictional characters or characters created by other users.

Character Technologies Company Development

The Founding Team Returned to Google

The 2024 agreement gave Google a non-exclusive license to Character.AI model technology and brought the founders back to Google. For the companion product, it separated an ongoing consumer service from the founders who had led the original model effort.

Character Technologies Competitive Landscape

A Cast of Characters or a Continuing Companion

Character.AI lets users interact with different characters and has added group conversations and voice calls. Replika is built around an ongoing relationship with a personal companion. The difference is whether someone wants to explore multiple roles and scenarios or return to the same companion.