Scaled Cognition Raises $100M Series A Led by Khosla Ventures at $750M Valuation to Build Hallucination-Free APT Model for Enterprise AI Agents Across BPO Market

Scaled Cognition raised $100 million in a Series A led by Khosla Ventures at a $750 million valuation, targeting the $600 billion business process outsourcing market with its APT (Agentic Pretrained Transformer) model designed to eliminate hallucinations and guarantee policy-adherent performance. The company, co-founded by UC Berkeley AI professor Dan Klein and CEO Dan Roth, is already deployed with Fortune 500 customers in financial services, healthcare, telecom, and insurance, and claims APT is smaller, faster, and cheaper than frontier models while being more accurate. Scaled Cognition projects the model can automate over one billion customer service interactions within twelve months.