(Reuters) -AI startup TinyFish has raised $47 million in a Series A funding round led by ICONIQ Capital to scale its platform for building and deploying AI-powered web agents, the company told Reuters.

The round included participation from USVP, MongoDB Ventures and Sheryl Sandberg’s Sandberg Bernthal Venture Partners. The company plans to use the capital to invest in products and expand its go-to-market operations.

Founded in 2024, TinyFish is building web-based agents to automate repetitive and complex online tasks for enterprises. Its technology simulates human-like browsing to perform actions and gather data at a massive scale.

The company is initially focusing on the retail and travel sectors. Its primary use cases include dynamic price surveillance, where AI bots track prices, pro

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