Lanchi Ventures Backed Genspark Raises $275M Series B, Launches AI Workspace to Put Busywork on Autopilot

• Oversubscribed Series B backed by Emergence Capital, SBI Investment, LG Technology Ventures, Pavilion Capital, Uphonest Capital, with participation from all existing investors
• Exceeding $50 million in annualized run rate within five months since the initial launch, marking one of the fastest growth rates in the AI industry
• Launches the Genspark AI Workspace, the first platform that autonomously delivers complete business outcomes

PALO ALTO, Calif., Nov. 20, 2025 /PRNewswire/ -- Genspark today announced it has closed an oversubscribed $275 million Series B financing round at a $1.25 billion post-money valuation. The round was backed by Emergence Capital Partners, the leading Silicon Valley firm behind Salesforce, Zoom, and Box, alongside leading global technology investors including SBI Investment, LG Technology Ventures, Pavilion Capital, Uphonest Capital, with all existing investors doubling down in this round. The company achieved this milestone while breaking $50 million in annualized run rate within five months – one of the fastest growth rates among AI companies in the industry.

Genspark closed its Seed round, totaling approximately $60 million, in early 2024. Lanchi Ventures, a global early-stage venture capital firm, led the round and has continued to support the company's growth. As an early investor from Day One, Lanchi Ventures commented: "We have strong conviction in Eric Jing's vision and the Genspark team. We believe AI is not just about better foundation model and better Chatbot. It is about delivering real work results and efficiency that matter to users. Genspark enables knowledge workers to achieve this in their work space by leveraging the strength of different foundation models, agents and tools. And it proves to be valuable for knowledge workers globally as demonstrated by the fast growth of the company. We are truly proud of the milestones they have achieved so far."

The funding coincides with the launch of the Genspark AI Workspace. This new platform moves beyond simple AI assistance, which requires step-by-step guidance, to deliver true end-to-end autonomy by putting work on autopilot.

"There are over 1 billion knowledge workers globally spending countless hours on busywork: drafting emails, summarizing meeting notes, creating slides, analyzing data, writing reports. AI chatbots gave us conversation, but they didn't eliminate the work. You're still prompting, switching tools, editing outputs. That's not transformation, that's just AI-assisted busywork!" said Eric Jing, CEO of Genspark. "Genspark changes this dynamic entirely. Our platform enables knowledge workers to focus on strategy and decisions while autonomous agents handle execution. You state your intent, we deliver the finished work. This is a fundamental shift in how a billion people will work, from managing tasks to driving outcomes. In the AI era, Genspark is where your work gets finished autonomously."

While LLMs provide powerful reasoning, they lack the "arms and legs" to execute complex business tasks. Genspark's platform provides that capability, allowing you to put work on autopilot and shift from managing tasks to driving outcomes and strategy. You no longer give step-by-step instructions; you give a high-level goal, and Genspark's proprietary Mixture-of-Agents architecture manages the entire workflow. No prompting. No tool-switching. Just finished.

"Genspark unlocks something entirely new for enterprises: autonomous execution that delivers finished work, not just assistance," said Joe Floyd, General Partner at Emergence Capital. "We've got our pulse on the AI workspace category, and no one has cracked this until now. Genspark is solving real-world pain points and filling the productivity gap in enterprise AI adoption."

Genspark's all-in-one platform acts as the intelligent conductor for this process. It doesn't rely on a single, pre-trained model. Instead, it intelligently selects and orchestrates from 30+ AI models—including leading models like GPT, Claude, and Gemini alongside open-source alternatives. This is powered by 150+ in-house tools and 20+ premium datasets, allowing the platform to integrate with hundreds of work tools, collect scattered data, connect the dots, and deliver a final, polished outcome.

"We tried more than 20 AI tools on the market to help us build our quarterly presentations and earnings reports," said a CFO at one of the largest publicly traded real estate companies in Texas. "Genspark is the only one that is boardroom ready."

Genspark was founded by industry veterans with decades of experience building search and AI systems at Microsoft, Google, Meta, YouTube, and Pinterest. Co-founder and CEO Eric Jing is a Microsoft veteran who joined in 2006 and became a founding member of Microsoft Bing. He built his last company to a $5.5B valuation, where he worked with Co-founder and CTO Kay Zhu for 11 years. Kay Zhu pioneered AI-powered search ranking technologies at Google in 2011, launching the world's first deep neural network ranking model in production search in 2013. Co-founder and COO Wen Sang holds a PhD from MIT and previously founded and exited Smarking, a Y Combinator and Khosla Ventures backed enterprise SaaS company. This expertise in building large-scale AI systems was foundational in creating the market-leading evaluation benchmarks that ensure Genspark's agents deliver high quality work output that typically requires only one prompt from customers.

About Genspark

Genspark is a Palo Alto, CA based technology company that builds agentic AI for 1B+ global knowledge workers. Founded by veterans from Microsoft, Google, Meta, Youtube, and Pinterest, Genspark orchestrates AI agents to transform business intent into finished deliverables - from board presentations, deep financial models, business ready documents, to full stack web applications, mobile apps, and even video games. Built for knowledge workers who lead, not just act. Learn more at genspark.ai.

SOURCE Lanchi Ventures