Context, the First AI-Native Office Suite, Raises $11M Seed at a $70M Valuation

Context, world’s first AI-native office suite, today announced an $11 million seed round at a $70 million valuation led by Lux Capital, with participation from Qualcomm Ventures, General Catalyst, and others. Designed from the ground up to revolutionize knowledge work, Context has already attracted substantial interest with over 60,000 professionals awaiting its public launch next month.

The Problem: Today’s Office Tools Remain Largely Unchanged Since the 1990s

For over 30 years, the fundamental building blocks of office work: word processors, spreadsheets, and slide decks, have remained largely unchanged. These legacy platforms demand manual input for every cell, paragraph, and chart, resulting in lost time, fragmented data, and repetitive tasks. Industry research shows that inefficient information retrieval and manual content creation cost global organizations up to 20 percent of their weekly productivity, equating to billions of dollars in unrealized value. Attempts by incumbents to retrofit AI into decades-old codebases have yielded piecemeal features that fail to anticipate user intent or handle large, complex contexts.

“While frontier Labs have demonstrated AI’s potential, Context transforms that potential into reality. It delivers beautiful, concise, accurate and thorough content - from presentations to reports - by leveraging proprietary and public data sources through a carefully orchestrated combination of the best frontier multi-modal AI systems, said Shahin Farshchi, PhD, a General Partner at Lux Capital. “Law firms, auditors, financial institutions, researchers and strategic consultancies can now offer revolutionary experiences to their clients while freeing their talented staff to focus on higher-value firm-building activities.”

The Solution: AI-Native Office Suite Built from the Ground Up

Context reimagines productivity from the ground up as an AI-first experience. Its proprietary Context Engine achieves industry leading long context processes of over 50 million tokens without intelligence degradation, allowing users to upload notes, data files, or existing drafts and simply describe their desired outcome. In seconds, Context generates near-final documents, presentations, and spreadsheets for review, iteration, and distribution. Designed for security and compliance, Context can run locally across web, desktop, and mobile environments, keeping sensitive data on-premise for enterprises and government agencies.

Key products include:

• AI Documents: Instantly creates polished reports, proposals, and any other type of document.
  
  
• AI Slides: Instantly creates professional, executive-ready presentations with intelligent formatting and compelling narratives.
  
  
• AI Spreadsheets: Effortlessly analyzes, visualizes, and forecasts complex data without formulas.
  
  
• Data Analyst: Accelerates development workflows by intelligently generating, reviewing, and debugging code.
  
  
• Deep Research: Delivers precise, synthesized answers to complex queries from internal and external sources.
  
  
• Enterprise Search: Rapidly surfaces actionable insights across all internal tools, files, and conversations with industry-leading context retrieval.
  
  

“More than a trillion hours of productivity every year are wasted on mundane tasks like building reports, slides, and spreadsheets, all with information that already exists within an organization,” explained Joseph Semrai, Founder & CEO of Context. “Our mission is to unleash knowledge workers by creating the world’s most trusted, advanced, and secure productivity platform for individuals, enterprises, and governments alike.”

To rapidly scale its mission, Context has partnered closely with Qualcomm to power the next generation of personal computing. Optimized specifically for Qualcomm’s cutting-edge NPUs, Context unlocks secure, agentic productivity experiences directly on-device, establishing itself as the first office suite purpose-built for this new era of intelligent computing.

“Context will be the backbone of AI-powered productivity, unlocking billions in value currently trapped in legacy workflows for Fortune 500s and governments alike”, said Tushar Gupta, Managing Director of North America at Qualcomm Ventures. “We’re excited to partner closely with a visionary team that is truly reshaping the future of knowledge work.”

Context was founded in 2024 by Joseph Semrai, a Thiel Fellow and serial AI builder whose prior projects have reached millions. He quickly assembled an elite team of engineers and growth leaders from Stanford, Google, Microsoft Research, hypergrowth startups such as HeyGen, and other leading firms, combining deep industry expertise with a track record of rapidly scaling revenue and user adoption.

Learn more at https://www.context.inc/.

About Context

Context is an AI-first office suite built to transform how people work with documents, data, and presentations. Founded in 2024 and headquartered in Palo Alto, California, Context combines generative AI, long-context reasoning, and local-first security to deliver secure, compliant productivity tools for enterprises and government agencies. The company is backed by Lux Capital, Qualcomm Ventures and General Catalyst. Learn more at context.inc.

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