Engram Secures $98M and Partners with Microsoft to Cut AI Token Costs
MSFT•Engram raised $98 million in a Series A led by General Catalyst, Kleiner Perkins and Sequoia with angel investors including Andrej Karpathy. Its partnership with Microsoft tests learned-memory AI models in Microsoft 365 and uses Azure GPU capacity to reduce enterprise token costs by up to 100x.
1. Series A Funding
Engram raised $98 million in a Series A round led by General Catalyst, Kleiner Perkins and Sequoia Capital with participation from Factory, Modern, Amplify Partners and Neo.
2. Investor Profile
Notable angel backers include Andrej Karpathy, co-founder of OpenAI, and Assaf Rappaport, co-founder and CEO of Wiz.
3. Technology Innovation
Engram’s learned-memory layer precompresses organizational documents and workflows for reuse, slashing AI token consumption by up to 100x compared with leading frontier systems.
4. Microsoft Collaboration
Engram is testing its models within Microsoft 365 and leveraging Azure GPU capacity across Dapple and Azure infrastructure to improve AI agent efficiency for knowledge workers.
