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Fueled with more funding, Lamatic is further probing the capabilities of AI

Charles Whiteman, CEO of Lamatic.ai, and his co-founder and CTO, Aman Sharma, had an inkling last year that their AI-focused product, which helps companies streamline their processes, had unrealized powers. One day, as they were deep in crafting Lamatic, recalled Whiteman, Sharma mused that the platform itself might actually be worth more than the AI “ready-to-wear” product they were building and providing to clients.

About a year later, that is the focus of Lamatic 3.0. It uses AI to help clients built AI capabilities, rather than mainly sorting and repackaging data, which is the core of the earlier products. Lamatic 3.0 allows the use of AI to replace human coding input. To help explain its function, Whiteman referenced “vibe coding,” a term coined by OpenAI co-founder Andrej Karpathy, which lets the coder or developer request what he or she requires – and the software generates the code for that operation, potentially saving many tedious code-writing steps.

“What you are doing … is using ‘agents’ that get integrated into a larger piece of software as the designing logic of AI,” Whiteman said. “We can use our own AI to guess what they want to do and do it more quickly.”

In general, said Whiteman, vibe coding capabilities allow developers to start writing a software program, and the AI is alongside, giving suggestions, recommendations and “writing lines of codes and testing that code by anticipating what they are doing.”

The earlier Lamatic.ai products were tailored to the clients’ needs, which were then provided by Lamatic “ready made,” so to speak. For example, a company requested a program that captioned thousands of screen shots with an explanation of each photo. So Lamatic built and supplied that program.

Lamatic 3.0 was unveiled in mid-November. The basic “self-service” model is free, and allows users 3,000 requests a month, with hundreds now using it; the $99 per month Pro Plan includes 100,000 requests – how many times you can run the agent. The Enterprise Plan, whose average cost is $1,000 per month, is customized and includes a variety of professional services, such as guidance from its engineering team.

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“What they really like is that we are trying to give them the skills to maintain it (the program),” Whiteman said.

He and Sharma met on Y Combinator’s technology startup support site, and realized that they would make a good team. The company launched in October of 2024 and was headquartered at the Alan B. Levan | NSU Broward Center of Innovation in Fort Lauderdale. The center is a public-private partnership between Nova Southeastern University and Broward County, whose aim is to support entrepreneurs and early-stage startups. Lamatic.ai has been through three (Ideate, Incubate and Accelerate) of its core offerings. Now, while they maintain a presence at Levan, the work is primarily done remotely.

In addition to the $445,000 it previously raised in seed money, the company closed Nov. 6 on another round, raising $510,000 in fresh capital, most of it coming from its first-round investors. It broke even in July. “We have been very capital efficient,” Whiteman said. Meanwhile, they are raising awareness of the platform and their products, including 3.0 (already being used by several South Florida companies, including a local bank). A recent Saturday found them at the Agenic AI hackathon at Florida Atlantic University College of Engineering and Computer Science, where students worked to solve a real-world problem using agenic AI frameworks (agenic means it has the capacity to make decisions). Lamatic was an event sponsor.

Whiteman emphasized that Lamatic 3.0 is a tool for building agents – and makes use of itself to add to its own features, but is not yet fully “agenic,” but it is a big step in that direction.

“Lamatic 3.0’s Assistant feature does more than answer questions, it will actually build agents in response to a natural language request. It’s our first release of this type of functionality, but we’re iterating it quickly toward becoming fully agentic,” he said.

PICTURED ABOVE: Charles Whiteman, CEO of Lamatic.ai, and his co-founder and CTO, Aman Sharma, at TechCrunch Disrupt in 2024.

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