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Tab Exits Stealth With $300 Million Pre-Seed Valuation for Text-Based AI Agent

Investors have placed a high bet on a messaging-native assistant that can text, call and pay on users’ behalf while promising built-in privacy and explicit approvals.

Overview

  • Tab said it left stealth on Tuesday and surfaced with a reported $300 million pre-seed valuation and investors that include SV Angel, Valar Ventures and American Spirit.
  • The product runs inside iMessage and WhatsApp and gives each user an agent with its own phone number, separate compute environment and a dedicated wallet to complete tasks sent by text.
  • Tab says the assistant can book travel, make phone calls, draft messages and process payments, and that no purchase is completed without the user’s explicit approval.
  • The company claims user data will not be used to train its models and that payment cards are stored in a vault the company cannot access, but it has not disclosed round size, user counts or revenue.
  • The launch comes as a crowded, fast-moving market prizes execution over chatty demos, and Tab’s valuation signals strong investor appetite while raising questions about platform access, user trust and scaling real-world task reliability.