Scuba raises $34 million in funding led by Accel and IVP

Scuba, which develops a "shared context engine" for teams and AI agents, has emerged from stealth mode, announcing the acquisition of $34 million in funding on October 13 local time.

The funding occurred in two rounds, with Accel leading the pre-seed round, and both Accel and IVP co-leading the seed round, as stated by the company. BoxGroup, Conviction, Homebrew, and Scribble Ventures also participated, with angel investors including founders from Slack, Instagram, Stripe, and LinkedIn. Details regarding the breakdown of each round, valuation, and intended use of funds were not disclosed.

Scuba addresses the issue that, despite AI speeding up individual tasks, teams may not align effectively. The company treats the context, which includes knowledge, judgments, and plans that are foundational for work, as a shared memory between human teams and AI agents.

Users can save articles, screenshots, documents, videos, threads, and notes as "Captures" through browsers, apps, or AI agents. By gathering information into shared "Collections" for specific purposes such as product launches, client interactions, or competitive research, Scuba automatically analyzes and organizes the shared Captures. Daily briefings inform users of new movements, significant changes, and discrepancies, while answering questions with references based on saved Captures.

Scuba integrates with external tools, allowing for reading and creating Captures by connecting with Claude, ChatGPT, Cursor, and more through MCP. Adding @Scuba to Slack enables saving questions and threads within channels, and users can record audio memos of up to 90 minutes with transcriptions.

For the past six months, Scuba has been utilized by several hundred early users in private beta. The company also manages its product specifications and development plans through shared Collections, claiming that "a company of ten can operate as if it were a company of one hundred." The company plans to gradually open a limited beta at the team level going forward. BRIDGE reported the story.