Tektonic AI is launching with a major $10 million in funding, led by Madrona and Point72 Ventures. Founded by Nic Surpatanu, a veteran with leadership experience at Tanium, UiPath, and Microsoft, Tektonic AI is out to automate operations at the enterprise by creating Generative AI (GenAI) agents. The goal is to automate complex and dynamic repetitive tasks that have been too hard to be ruled by traditional automation.
The vision of Surpatanu reflects his belief in the shortcomings of existing automation tools. While the marketplace may be crowded with software products for enterprise businesses, many daily tasks are still manual and performed slowly and often inefficiently. Nowhere is this more apparent than in sales and revenue operations, where repetitive back-office tasks represent as much as 70% of employees’ time. This is an unproductive drag on the top and bottom lines.
GenAI agents from Tektonic incorporate natural language processing and real-time data synthesis to adapt to specific business contexts and intents and to apply business rules with accuracy and control. This adaptability is particularly important when addressing the dynamic and specific nature of complex business processes.
First up: the company will focus its technology on sales and revenue operations, covering processes like quote generation and contract renewals, which are traditionally slow and difficult to automate. The automation of these processes will help drive customer response time and accelerate new business opportunity.
The funds will see Sri Chandrasekar from Point72 Ventures joining the board of Tektonic, which will bring more muscle and support in engineering the ambitious aims of the company. Chandrasekar underscores the potential of these GenAI agents as a truly transformational tool for businesses. He further noted that the technical prowess combined with visionary thought was among the things that drew him to partner with Tektonic.
Tektonic AI’s approach combines GenAI agents with process models and real-time data, offering a robust solution to the challenges modern enterprises face. This innovative use of technology promises not only to improve operational efficiency but also to enhance employee satisfaction by reducing the burden of repetitive tasks.
As Tektonic AI continues to develop its technology, the company envisions broad applicability across various sectors, potentially transforming how businesses operate and compete in a rapidly evolving market. The backing from prominent investors underscores confidence in Tektonic’s vision and capability to deliver impactful solutions at an enterprise scale.
In summary, Tektonic AI raised $10 million to develop Generative AI agents aimed at automating complex business operations, particularly in sales and revenue processes.
