rabbit has raised $34.4M in total across 5 funding rounds.
rabbit's investors include 500 Startups, Musaab Hakami, Drive Capital, Khosla Ventures, Isaac Souweine, Nkechi Iregbulem, Synergis Capital, 3Lines, AAF Management Ltd., TTV Capital, Mik Attisani, Accel.
Rabbit is a technology company focused on developing consumer electronics and artificial intelligence software that enhance human-computer interaction. Its flagship product, the rabbit r1, is an affordable AI-native companion device designed to provide unlimited AI conversations, translation, and voice recording through a natural language interface powered by their proprietary Large Action Model (LAM) and rabbit OS. Rabbit aims to simplify and personalize user experience by enabling an intuitive, app-free interaction with technology, targeting consumers frustrated by complex smartphone ecosystems[2][3][6][7].
Founded in 2021 and headquartered in Los Angeles, California, Rabbit serves the technology industry by offering a personalized operating system and AI-driven hardware that help users perform actions through natural language commands. The company has raised over $60 million from prominent investors like Khosla Ventures, GV, Andreessen Horowitz, and Bessemer Venture Partners, signaling strong growth momentum and market interest in AI-driven user experience innovation[2][3][6].
Rabbit was founded in 2021 by Jesse Lyu Cheng, who envisioned a new paradigm for human-machine interaction. The idea emerged from the recognition that current devices and apps are fragmented and often frustrating for users. Rabbit’s mission is to revolutionize this experience by creating a dedicated platform and device that leverage AI to perform actions on behalf of users, not just generate text responses. Early traction includes the development of the Large Action Model, which extends beyond traditional large language models by enabling actionable AI responses, and the launch of the rabbit r1 device, designed in collaboration with Teenage Engineering[2][6].
Rabbit is riding the wave of generative AI and human-computer interaction innovation, addressing the growing demand for more natural, efficient, and integrated AI experiences. As AI models like ChatGPT have demonstrated the potential of natural language understanding, Rabbit pushes this further by enabling AI to take meaningful actions, not just generate text. The timing is critical as users increasingly seek seamless, voice- or language-driven interfaces amid app overload and fragmented digital experiences. Rabbit’s approach aligns with trends toward AI-native devices and personalized computing, positioning it as a potential influencer in shaping the future of consumer electronics and AI interaction paradigms[3][6].
Looking ahead, Rabbit is poised to expand its influence by refining its AI models and broadening adoption of its AI-native hardware and operating system. Trends such as increased AI integration in everyday devices, demand for privacy-conscious and personalized tech, and the evolution of natural language interfaces will shape Rabbit’s journey. The company’s success will depend on its ability to scale its technology, enhance user trust, and differentiate itself in a competitive AI ecosystem. Rabbit’s vision of an app-free, action-oriented AI experience could redefine how consumers interact with technology, making it a notable player in the next era of human-machine interaction[6][7].
rabbit has raised $34.4M across 5 funding rounds. Most recently, it raised $1.0M Venture Round in October 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2024 | $1.0M Venture Round | 500 Startups, Musaab Hakami | |
| Dec 1, 2023 | $10.0M Series A | Drive Capital, Khosla Ventures, Isaac Souweine, Nkechi Iregbulem | |
| Oct 1, 2023 | $20.0M Seed | Drive Capital, Khosla Ventures, Synergis Capital, Isaac Souweine, Nkechi Iregbulem | |
| Mar 1, 2022 | $360K Seed | 3Lines, AAF Management Ltd., TTV Capital, Mik Attisani | |
| Feb 1, 2013 | $3.0M Seed | Accel, Avalancha Ventures, Buckley Ventures, Cowboy Ventures, E14 Fund, Felix Capital, Floodgate, Human Augmentation Syndicate, March Capital, Nyca Partners, QueensBridge Venture Partners, Rainfall Ventures, Relay Ventures, Seven Seven Six, Howard Lindzon, Susa Ventures, Greg Bettinelli, The Hit Forge, Transmedia Capital, Y Combinator, Andrew Bialecki, Eric Ries, John Fontein, Josh Spear, Nico Rosberg, Sahin Boydas, Sean Park |