Bret Taylor’s Sierra buys YC-backed AI startup Fragment

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Sierra, the customer support agent startup based by Bret Taylor, introduced on Thursday that it has acquired the YC-backed French startup Fragment, which helps companies combine AI into workflows.Β 

That is Sierra’s third public acquisition. It beforehand purchased Japan-based enterprise AI options firm Opera Tech (which it acquired in late March) and voice agent firm Receptive AI (which it additionally introduced it acquired in late March). Fragment co-founders Olivier Moindrot and Guillaume Genthial can be becoming a member of the Sierra group.Β 

In a weblog put up, Taylor and his co-founder, Clay Bavor, wrote that Moindrot and Genthial will convey β€œbeneficial power” to Sierra’s β€œagent improvement efforts in France.” Phrases of the deal weren’t introduced. PitchBook estimates that Fragment raised round $2 million by means of its seed spherical.

Taylor, who additionally serves as OpenAI’s chairman of the board, co-founded Sierra alongside Google alum Bavor after stepping down as co-CEO of Salesforce in early 2023. The startup claims Casper, Clear, and Brex as clients and has raised greater than $630 million in funding to this point, from traders together with Sequoia and Benchmark, giving it a $10 billion valuation.Β 

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