Rabbit Funding History

Rabbit builds the rabbit OS agentic operating system and the r1 AI device.

Company Overview

Rabbit logo

Rabbit

  • Infrastructure for AI Agents
  • General Task Execution

Santa Monica, California, US

Official Website

Rabbit Funding Timeline

  1. Announced Dec 21, 2023

    Series A

    US$10 million

    Rabbit said it would use the funding to develop r1, its first standalone device, ahead of a planned January 2024 unveiling.

    Led by Khosla Ventures.

    Source · troygould.com ↗
  2. Oct 15, 2023

    Series A

    ~US$20 million

    Rabbit disclosed the financing alongside its Large Action Model, which it designed to carry out tasks across software interfaces.

    Led by Khosla Ventures.

    Source · vcaonline.com ↗

Rabbit Founding Team

Jesse Lyu had built Raven Tech around a conversational operating system before starting Rabbit. He returned to that idea at Rabbit, aiming to let people ask a device to carry out tasks across apps using ordinary language. Machine learning researcher Peiyuan Liao led technical work as CTO.

Rabbit Products

  • rabbit OS

    Run agent workflows across connected devices while retaining context across sessions.

Rabbit Company Development

Putting an Agent in a Dedicated Device

Rabbit packaged its software in the r1, giving the agent a handheld interface and hardware controls. That makes the device itself part of the product development challenge: the software needs to make everyday tasks worth moving away from a phone.

Rabbit Competitive Landscape

A Dedicated Device or the Existing Computer

Rabbit asks users to carry a separate device for agent interactions. Simular builds for work already taking place on a computer. The practical difference is where a user starts a task and whether the agent can stay with the applications already in use.