en.Wedoany.com Reported - Poetic (formerly Forge) announced the completion of a $50 million Series A funding round, achieving a valuation of $500 million. The round was led by Kleiner Perkins, with participation from Founders Fund, First Harmonic, and OpenAI. Poetic is building a new type of software characterized by learning like artificial intelligence and operating like code. The company targets complex operations in industries such as healthcare, banking, and insurance, which rely on decades-old processes and manual labor. Through its proprietary programming language, operators can define workflows in natural language, encoding expertise into deterministic execution.
The core of Poetic's technology lies in handling multi-step processes that run thousands of times daily and require near-perfect accuracy. Instead of relying on hard-to-control autonomous "agents," the company uses its proprietary programming language to encode expertise into deterministic, near-zero-token execution, achieving 99% accuracy in processes that have long resisted automation, at a fraction of the cost of traditional AI agents.
Markie Wagner, CEO and founder of Poetic, stated that the current AI field focuses too much on demonstrations and appearances without delivering tangible results. The new software built by the company aims to reliably complete the most challenging tasks, enabling businesses to grow faster and operate at a larger scale. Poetic has been deployed in multiple large financial institutions globally, saving Fortune 500 companies tens of millions of dollars, applied to high-risk processes such as transaction monitoring and dispute investigation. In 2025, the company achieved eight-figure annual recurring revenue with just four employees.
Customer case studies show that at U.S. publicly traded bank SoFi, Poetic achieved over 99% quality in end-to-end fraud investigation within five weeks. SoFi CEO Anthony Noto noted that Poetic executed many fraud processes end-to-end in just weeks, while improving quality metrics and member experience, restoring member access immediately through automated decisions, and achieving 100% process adherence across the business. At American International Group (AIG), Poetic also achieved over 99% accuracy in a complex, multi-hour process that previously required extensive manual labor.
Leigh Marie Braswell, partner at Kleiner Perkins, stated that the platform built by Poetic can execute complex, high-risk processes that large enterprises actually run, with accuracy surpassing what human teams can achieve. The product has achieved deep effectiveness by automating processes in the most demanding large enterprises. She noted that Poetic has one of the strongest teams, with leaders from companies such as Palantir, UiPath, Ramp, Scale, and Retool. Poetic plans to use this new funding to expand its forward deployment team and enter new complex industries, bringing its platform to more global large enterprises. Markie Wagner stated that the company has a 100% pilot-to-production conversion rate, with effective technology and an excellent team, aiming to transform businesses rather than just run pilots.
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