AI

You raises $25M to fuel its AI-powered search engine

Comment

Hand holding a magnifying glass against the sky to represent search engine default choices.
Image Credits: Panuwat Dangsungnoen / EyeEm (opens in a new window) / Getty Images

There’s a growing appetite for alternative search engines. At least, that’s the crux of the argument Richard Socher, the former chief scientist at Salesforce, likes to make. In 2020, Socher co-founded You, a search engine that uses AI to understand search queries, rank the results and parse the queries into different languages (including programming languages). You summarizes information from across the web and offers built-in apps, like search tools for Twitter, that allow users to complete tasks without having to leave the results page.

It seems there’s some truth to his words. Socher claims that You has hundreds of thousands of users, with 70% growth in sign-ups last month and 30% growth in unique searches month over month. While that pales in comparison to the world’s most popular search engines (i.e., Google, Bing), which have hundreds of millions of users, Socher draws attention to You’s retention rate. Fifty percent of people who set You as their default search engine continue to use it after the fact.

The numbers are to investors’ liking. Today, You closed a $25 million funding round led by Radical Ventures with participation from Salesforce CEO Marc Benioff’s Time Ventures, Breyer Capital, Norwest Venture Partners and Day One Ventures. It brings the startup’s total raised to $45 million, which Socher said will be put toward developing “premium features” and collaborating with outside developers to “show more useful actionable apps” in You’s search results page.

“We envision You.com becoming a search platform that is open and allows others to build on top of all of the search technology that we’ve created. Data transparency, user customization, summarization, privacy and state of the art search are the foundation of our platform, and we beat Google in the long run by empowering the world to build the next search experience together,” Socher told TechCrunch in an email interview. “Google is a monolithic, monopolistic search engine that is closed and has ultimately weaponized AI against users for the sake of serving its true purpose: advertising. We are building You.com as a search platform that is open and emphasizes directly serving user needs with You.com apps instead of bombarding people with ads.”

You.com
Image Credits: You.com

Socher previously founded MetaMind, an AI startup that was acquired by Salesforce in 2016. While at Salesforce, Socher helped to build the company’s sprawling Einstein AI platform and worked with Bryan McCann, You’s second co-founder, on natural language processing research.  

Unsurprisingly given Socher’s data science background, You sprinkles AI-enabled features liberally throughout the search experience. A capability newly launched today, YouCode can generate code along the lines of GitHub’s Copilot based on a search query. And the recently debuted YouWrite, powered by OpenAI’s GPT-3, can be prompted to write essays, blog posts and even boilerplate letters.

Socher sees apps, not ads, as a core piece of You’s growth — a twist on the traditional search engine formula. (Advertising accounts for the majority of Google’s revenue — $256.73 billion in 2021.) While it hasn’t ruled out introducing ads, You offers a “private mode” that doesn’t store queries, preferences, IP addresses or location data and anonymizes the query data sent to You’s third-party partners.

“Our private mode offers the most private search experience of any search engine. Users can also request a removal of their data and have full transparency in how [and] what data is used,” Socher claims. “To the greatest extent possible, we believe the future is in apps not ads and that the economy will increasingly become one of showing over telling.”

Certainly, You has been putting its money where its mouth is, investing substantial development in experiences like the aforementioned YouCode. In addition to generating code, YouCode can find code snippets from sources like Stack Overflow and GitHub and filter results relevant to a particular development environment and software stack. A special preview panel shows the top-level information from documentation published online, while built-in tools can validate JSON files and generate codes for colors in HEX, RGB and HSV.

While the bulk of You’s apps were developed in-house, the next step is exposing the platform to third parties, Socher says. In the future, You will open access to its data sets and custom search technology so that developers can build on top of their internal data. At that point, You might begin charging for things like API access to features, “advanced” and “personalized” text and code generation and out-of-the-box support of search through internal developer knowledge bases.

You.com
Image Credits: You.com

It remains to be seen whether You’s business model will be a winner. Other under-the-radar search engines, like Neeva, have gone different routes to monetization, charging for access to search results. Still others have struggled to find a reliable source of revenue — Cuil, which was founded by former Google engineers, raised $33 million in capital before shutting down in 2010, after just over 2 years in operation.

In any case, to Socher’s earlier point, ads aren’t likely to be the preferred way search engine startups make money. At the corporate level, privacy-forward features like Apple’s App Tracking Transparency threaten to disrupt the behind-the-scenes mechanics of many ads, while regulators in the U.S. and abroad are eyeing restrictions on the amount of data advertisers can collect for targeting purposes — making certain ad products less attractive.

“We want to be an open entry to the internet instead of a closed gateway that taxes all the companies through an ad-network that is ultimately a bottleneck for progress in sharing information,” Socher said, taking a dig at You.com’s chief rivals. “A better search engine is possible — one with better privacy, better results for professionals like coders, less ads, more social results, less SEO sites, more choice and agency for people in the ranking.”

More TechCrunch

In its three-year history, EthonAI has amassed some fairly high-profile customers including Siemens and chocolate-maker Lindt.

AI manufacturing startup funding is on a tear as Switzerland’s EthonAI raises $16.5M

Don’t miss out: TechCrunch Disrupt early-bird pricing ends in 48 hours! The countdown is on! With only 48 hours left, the early-bird pricing for TechCrunch Disrupt 2024 will end on…

Ticktock! 48 hours left to nab your early-bird tickets for Disrupt 2024

Biotech startup Valar Labs has built a tool that accurately predicts certain treatment outcomes, potentially saving precious time for patients.

Valar Labs debuts AI-powered cancer care prediction tool and secures $22M

Archer Aviation is partnering with ride-hailing and parking company Kakao Mobility to bring electric air taxi flights to South Korea starting in 2026, if the company can get its aircraft…

Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026

Space startup Basalt Technologies started in a shed behind a Los Angeles dentist’s office, but things have escalated quickly: soon it will try to hack a derelict satellite and install…

Basalt plans to hack a defunct satellite to install its space-specific OS

As a teen model, Katrin Kaurov became financially independent at a young age. Aleksandra Medina, whom she met at NYU Abu Dhabi, also learned to manage money early on. The…

Former teen model co-created app Frich to help Gen Z be more realistic about finances

Can an AI help you tell your story? That’s the idea behind a startup called Autobiographer, which leverages AI technology to engage users in meaningful conversations about the events in…

Autobiographer’s app uses AI to help you tell your life story

AI-powered summaries of webpages are a feature that you will find in many AI-centric tools these days. The next step for some of these tools is to prepare detailed and…

Perplexity AI’s new feature will turn your searches into shareable pages

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved…

ChatGPT: Everything you need to know about the AI-powered chatbot

A surge of battery recycling startups have emerged in Europe in a bid to tap into the next big opportunity in the EV market: battery waste.  Among them is Cylib,…

Cylib wants to own EV battery recycling in Europe

Amazon has received approval from the U.S. Federal Aviation Administration (FAA) to fly its delivery drones longer distances, the company announced on Thursday. Amazon says it can now expand its…

Amazon gets FAA approval to expand US drone deliveries

With Plannin, creators can tell their audience about their latest trip, which hotels they liked and post photos of their travels.

Former Priceline execs debut Plannin, a booking platform that uses travel influencers to help plan trips

Amazon is rolling out its AI voice search feature to Alexa, which lets it answer open-ended questions about content.

Amazon is rolling out AI voice search to Fire TV devices

Redpanda has already integrated Benthos into its own service and has made it the core technology of its new Redpanda Connect service.

Redpanda acquires Benthos to expand its end-to-end streaming data platform

It’s a lofty goal to take on legacy payments infrastructure, however, Forward’s model has an advantage by shifting the economics back to SaaS companies.

Fintech startup Forward grabs $16M to take on Stripe, lead future of integrated payments

Fertility remains a pressing concern around the world — birthrates are down in many countries, and infertility rates (that is, the ability to conceive at all) are up. And given…

Rhea reaps $10M more led by Thiel

Microsoft, Meta, Intel, AMD and others have formed a new group to design next-gen interconnects for AI accelerator hardware.

Tech giants form an industry group to help develop next-gen AI chip components

With JioFinance, the Indian tycoon Mukesh Ambani is making his boldest consumer-facing move yet into financial services.

Ambani’s Reliance fires opening salvo in fintech battle, launches JioFinance app

Salespeople live and die by commissions. It’s no surprise, then, that Salesforce paid a premium to buy a platform that simplifies managing commissions.

Filing shows Salesforce paid $419M to buy Spiff in February

YoLa Fresh works with over a thousand retailers across Morocco and records up to $1 million in gross merchandise volume.

YoLa Fresh, a GrubMarket for Morocco, digs up $7M to connect farmers with food sellers

Instagram is expanding the scope of its “Limits” tool specifically for teenagers that would let them restrict unwanted interactions with people.

Instagram now lets teens limit interactions to their ‘Close Friends’ group to combat harassment

Agritech company Iyris helps growers across eleven countries globally increase crop yields, reduce input costs, and extend growing seasons.

Iyris makes fresh produce easier to grow in difficult climates, raises $16M

Exactly.ai says it uses generative AI to help artists retain legal ownership of their art while being able to reproduce their designs faster and at scale.

Exactly.ai secures $4M to help artists use AI to scale up their output

FintechOS competes with other companies such as Ncino, Meridian Link, Abrigo and Backbase.

Romanian startup FintechOS raises $60M to help old banks fight back against neobanks

After two years of preparation and four delays over the past several months due to technical glitches, Indian space startup Agnikul has successfully launched its first sub-orbital test vehicle, powered…

India’s Agnikul launches 3D-printed rocket in sub-orbital test after initial delays

Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers…

Fisker cuts hundreds of workers in bid to keep EV startup alive

Chinese EV manufacturers face a new challenge in their pursuit of U.S. customers: a new House bill that would limit or ban the introduction of their connected vehicles. The bill,…

Chinese EV makers, and their connected vehicles, targeted by new House bill

With the release of iOS 18 later this year, Apple may again borrow ideas third-party apps. This time it’s Arc that could be among those affected.

Is Apple planning to ‘sherlock’ Arc?

TechCrunch Disrupt 2024 will be in San Francisco on October 28–30, and we’re already excited! This is the startup world’s main event, and it’s where you’ll find the knowledge, tools…

Meet Visa, Mercury, Artisan, Golub Capital and more at TC Disrupt 2024

Featured Article

The women in AI making a difference

As a part of a multi-part series, TechCrunch is highlighting women innovators — from academics to policymakers —in the field of AI.

20 hours ago
The women in AI making a difference