CITATION — REFERENCE ENTRY

All Hands AI raises $5M to build open source agents for developers — TechCrunch

Revision 2f4859af-b677-4110-a8ef-df3307f6c394 · 8/29/2026, 11:16:24 AM UTC
Key
lardinois2024techcrunch
Authors
Lardinois, Frederic
Issued
2024-9-5
Type
article-newspaper
Container
TechCrunch
Raw CSL JSON
{
  "URL": "https://techcrunch.com/2024/09/05/all-hands-ai-raises-5m-to-build-open-source-agents-for-developers/",
  "note": "Independent trade-press reporting including a direct interview with co-founder Robert Brennan.",
  "type": "article-newspaper",
  "title": "All Hands AI raises $5M to build open source agents for developers",
  "author": [
    {
      "given": "Frederic",
      "family": "Lardinois"
    }
  ],
  "issued": {
    "date-parts": [
      [
        2024,
        9,
        5
      ]
    ]
  },
  "accessed": {
    "date-parts": [
      [
        2026,
        8,
        29
      ]
    ]
  },
  "container-title": "TechCrunch"
}

Claims

  1. All Hands AI announced a $5 million seed round on September 5, 2024, led by Menlo Ventures with Pillar VC, Betaworks, and Rebellion participating, plus angel investors including Hugging Face co-founder Thomas Wolf, Cloudera co-founder Jeff Hammerbacher, and PyTorch creator Soumith Chintala. Brennan said the company expected to monetise through paid, closed-source enterprise features so that larger enterprise users would financially sustain the open source project. He also said human developers would remain necessary in the loop for a long time.
    Locator: section: Opening and closing paragraphs
  2. Co-founder and CEO Robert Brennan told TechCrunch that the Devin demonstration impressed him but also alarmed him because the system was closed source and, in his words, kept in a walled garden the wider development community could not see, contribute to, or own.
    "kept in this walled garden we couldn't see and contribute to"
    Locator: paragraph: 4 · Quote language: en
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