Context raised $11M in Seed funding at a $70M valuation, led by Lux Capital with participation from Qualcomm Ventures and General Catalyst.
May 28, 2025•about 2 months ago
Amount Raised
$11 Million
Round Type
seed
Investors
General CatalystQualcomm VenturesLux Capital
Description
Context, an AI-native office suite based in Palo Alto, CA, raised $11M in seed funding at a $70M valuation. The round was led by Lux Capital, with participation from Qualcomm Ventures, General Catalyst, and others. The company focuses on providing secure productivity tools for enterprises and government agencies. Context has already garnered interest from over 60,000 professionals ahead of its upcoming public launch.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech