Context, a startup building a next-generation AI-powered office suite, has secured $11 million in seed funding led by Lux Capital, with support from Qualcomm Ventures and General Catalyst. The raise brings its total funding to $15.75 million and values the company at $70 million.
Founded in 2024 by Thiel Fellow Joseph Semrai, Context is reimagining the office suite from the ground up—not as a patchwork of legacy apps but as a unified, AI-first platform designed for modern workflows. “Today’s tools weren’t built with AI in mind,” said Semrai. “We’re creating one that is.”
Not Just Chat but a Smarter AI Office Suite from the Start
While many productivity platforms have rushed to add chatbots or AI plug-ins to traditional software, Context was designed with AI at its core. Its clean interface centers around a chat box, allowing users to ask questions, run analysis, fetch data, and generate documents, spreadsheets, or presentations — all from one window.
Context goes beyond surface-level AI integration. Instead of just pulling in third-party data, the platform is engineered to help users reason with it. That means turning insights into action — faster, smarter, and with fewer manual steps. Users can also write and run code using Context’s built-in Python interpreter, making it especially appealing to data-savvy teams and technical professionals.
Semrai compares the platform to Cursor, the AI coding assistant popular with developers. He sees Context as fulfilling a similar role — but for knowledge workers in business, research, and creative roles.
Competing with Giants by Thinking Differently
With major players like Google, Microsoft, and even Canva integrating AI into their office tools, the productivity space is rapidly evolving. Notion is pushing hard into enterprise AI, and tools like ChatGPT have changed how users expect to interact with software. But Semrai believes Context stands apart in one key way: it’s not just about retrieval — it’s about understanding.
“Connecting to sources and getting data is becoming commoditized,” he explained. “What’s hard — and valuable — is helping people make decisions with that data.”
Unlike other AI work tools, Context is also preparing for offline functionality. This means users will soon be able to run local analysis and generate documents without needing a constant internet connection — a unique edge in the growing AI tool ecosystem.
Context is currently available via a freemium model. Users can get started with 50 credits, one workspace, and support for up to 10 team members. For $20/month, the Pro plan unlocks 2,000 credits and removes limits on teams and workspaces.
Rather than trying to replace full office suites like Microsoft 365, Context is aiming for a smarter niche: a flexible, AI-native productivity layer that fits where traditional tools fall short. And with $11 million in fresh capital and rising interest in AI-driven work platforms, it may be exactly the right time.
