Writer, a startup specializing in enterprise-focused generative AI, has raised $200 million in Series C funding, bringing its total valuation to $1.9 billion. The round was co-led by Premji Invest, Radical Ventures, and ICONIQ Growth, with participation from notable investors such as Salesforce Ventures and Adobe Ventures.

The new funding will be used to drive product development and solidify Writer's position as a leader in the enterprise generative AI category. According to CEO May Habib, the company is focused on creating advanced AI systems that deliver mission-critical enterprise work, particularly in complex, real-world scenarios.

Writer's growth has been remarkable, with hundreds of clients including Mars, Ally Bank, and Uber. The company's products can be customized for various enterprise use cases, and its latest focus is on "AI agents" that can plan and execute workflows across systems and teams. Despite intense competition in the generative AI space, Writer's success is a testament to the growing demand for AI solutions in the enterprise sector.

The funding also highlights venture capital's continued enthusiasm for generative AI, with the market projected to surpass $1 trillion in revenue within the next decade. Writer's latest round is a significant milestone in this rapidly growing space.