Wonderful more than doubles its valuation to $5B in under 6 months;plus, Volunteer at TechCrunch Founder Summit in Boston

0:00This is TechCrunch. This episode is brought to you by Framer. Listen, your wardrobe is not the only thing that should be changing with the season. Now is the perfect time to start thinking about updating and refreshing your website with new content. And Framer makes that easy to do, even easier than trying to plan out your next outfit. Framer has everything you need to build and run a website, a Canvas tool for design, hosting, a built-in CMS, and AI agents that work alongside you to help bring your vision to the screen. And it's all in one place, so you can stop skipping around to a hundred different apps. You can update your site and have it go live in a few minutes, or build a new one from scratch. Now I love Framer's powerful SEO tools that have really helped me zero in on my target audience. I can track my traffic through their analytics and I can optimize my site so that it works across any device.

1:00Plus, there's Enterprise Great Security to protect all my info. Learn how you can get more out of your site from a Framer specialist, or get started building for free today at framer.com slash TC Startups for 30% off a Framer Pro Annual Plan. That's framer.com slash TC Startups for 30% off. Framer.com slash TC Startups, rules and restrictions may apply. The Israeli Dutch AI Startup Wonderful has raised $550 million in a Series C funding round that gives it a price tag of $5 billion, more than doubling the $2 billion valuation the company gained when it last raised funding nearly six months ago. Insight Partners returns to lead this round as well, and existing investors index ventures IVP, Vine Ventures, Nine Yards and Bessamer Venture Partners are participating once again. Sales force is investing in the company for the first time in this round. Founded early last year, wonderful has grown blazingly fast.

2:04It initially saw strong traction with its customer service AI agent platform, which it built and customized to sell in various non-English speaking markets. This strategy of deploying engineering teams to work with its customers, sometimes on their premises to deploy and integrate its AI tech into their workflows and systems also proved very successful. The company says it now works across more than 35 countries. The Startups core offering has evolved over the past couple of months, departing from its customer service routes wonderful now offers a platform dubbed Wonderful AI OS, which it says can coordinate and connect agents workflows and AI applications with company's data, context and existing integrations. The company says the platform works with any AI model and is compatible with existing tech stacks. Wonderful's CTO and co-founder Rui Lallazar said customers can adopt whichever parts of

3:05the platform makes the most sense, integrate them with existing systems, choose the best models for each workload and retain ownership of everything they build. The company is still leaning on its forward deployed engineers to help embed its products quickly in the companies, which appears to be a good strategy given the demand for experts versed in implementing AI services and products. Wonderful said it will use the fresh $550 million to develop products faster, expand its FDE teams and meet demand for its products. TechCrunch is looking for some incredible volunteers to make the TechCrunch Founders Summit in Boston on November 4th something to remember. So if you're interested in finding out what goes into building tech events, apply to volunteer. If you are selected not only will you get a behind the scenes look at how events are produced, but you also earn a ticket to enjoy the event before or after your shift. On top of that, you'll get a free pass to experience disrupt in 2027.

4:07Now that is some added value. Whether you dream of becoming a startup founder, marketer or event coordinator, this is a great way to see what it takes to produce a world renowned startup event. Plus you can attend all of the expert lead workshops covering essential topics like accelerating user growth, finding funding and building your brand after you volunteer. We expect around 1100 people at Founder Summit and volunteers will handle a variety of tasks to help make this event a worthwhile experience for everyone. At any given time, you might help with registration, wrangle speakers, direct attendees, scan tickets, or help with general event setup. Linda helping hand and gain valuable event experience and still have plenty of time to take in all the goodness that TechCrunch Founder Summit has to offer. Their spots are limited, so apply before October 19th to be considered. I've put a link to apply in the show notes.

5:08That's all for now for the latest in startup tech news. Go to TechCrunch.com.