Reworkd AI
Reworkd builds AI agents to automate end-to-end web data extraction at scale, providing a universal API layer for the internet where businesses can extract structured data from websites without code, maintenance, or infrastructure worries.
Founding Story
The three founders met in high school and college, sharing a passion for technology and open source. They participated in various hackathons, including nwHacks 2023 where they received an Honourable Mention. They initially created AgentGPT, a general-purpose AI agent tool that went viral on GitHub with over 100,000 daily users in one week. This success earned them a spot in Y Combinator's Summer 2023 cohort. After analyzing queries from millions of users and conducting 20+ daily customer calls, they pivoted from general AI agents to specialized web scraping, where they saw the most demand. The founders moved from Canada to San Francisco to start the company and be near the center of the AI industry.
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Leadership
Founders
Asim Shrestha
CEO. Studied computer science at Simon Fraser University. Previously worked at the British Columbia Cancer Research Institute and served as a software engineer at Amazon Web Services. Met co-founders in high school and college, and shared passion for technology and open source.
Adam Watkins
CTO. Studied computer science at Simon Fraser University. Previously worked at the British Columbia Cancer Research Institute and served as a software engineer at Article.
Srijan Subedi
COO. Studied science at the University of British Columbia. Previously worked at Stemcell Technologies and The Centre for Heart Lung Innovation.
Executive Team
Asim Shrestha
CEO & Co-founder
Computer science graduate from Simon Fraser University. Previously software engineer at AWS and British Columbia Cancer Research Institute.
Adam Watkins
CTO & Co-founder
Computer science graduate from Simon Fraser University. Previously software engineer at Article and British Columbia Cancer Research Institute.
Business Model
Revenue Model
API usage and subscription-based pricing for web data extraction services. Revenue from AgentGPT premium subscriptions and enterprise offerings.
Pricing Tiers
5 demo agents a day using GPT-3.5-Turbo, limited plugin integrations, limited web search capabilities
30 Agents per day, GPT-3.5-Turbo 16k access, GPT-4 access, 25 Loops per Agent, unlimited web search capabilities, access to latest AgentGPT plugins, priority support
Everything in Pro plan plus features based on enterprise requirements, SAML single sign-on, dedicated account manager
Target Markets
- Data vendors and aggregators
- Companies training custom language models
- Regulatory compliance and government affairs teams
- Marketing firms
- Real estate companies
- Manufacturing companies
- Automating regulatory and public data collection
- Training custom language models with web data
- Building data-constrained product offerings
- Fortifying existing datasets with domain-specific data
- Government regulation and compliance data extraction
- Real estate data monitoring
- Axis - Uses Reworkd to extract data from 2,500+ government regulation websites across Europe, Asia, Middle East, and North Africa. Aggregates over 5 million rules and regulations. Saved 20 hours per week of manual scraping effort while increasing site coverage 5x.
History & Milestones
Announced product sunset
Pivoted from general AI agents to specialized web scraping
Raised $2.75M seed round, bringing total funding to $4M+
Reached 30k+ stars on GitHub and 1M+ users across product suite
Extracted over 533 million rows of data
