Bill Gates’ youngest daughter has clinched a blockbuster recent funding round — vaulting her AI-driven shopping startup into one of the closely watched ventures in tech’s hottest category.
Phoebe Gates is raising $30 million for Phia, the AI shopping agent she cofounded with Stanford classmate Sophia Kianni, based on a pitch deck viewed by Bloomberg.
An organization spokesperson confirmed the round, which can value the Latest York–based startup at $180 million — a rapid jump just months after Phia closed its first $8 million seed raise in September.
The 23-year-old daughter of Bill and Melinda French Gates, who previously fessed to harboring anxiety about her “nepo baby” status, has built Phia right into a magnet for celebrity and Silicon Valley capital.
The deck shows backers including Hailey Bieber, Kris Jenner, Sheryl Sandberg and Spanx founder Sara Blakely — a rarified roster for any startup, especially one which’s lower than a yr old.
Bill Gates has not invested, his daughter told Vogue, though the billionaire Microsoft co-founder has publicly supported the corporate’s mission .
The brand new round shall be led by Notable Capital under managing partner Hans Tung, whose investment history includes Anthropic and Airbnb.
Kleiner Perkins may even participate, together with Khosla Ventures under partner Keith Rabois, based on the pitch deck cited by Bloomberg.
Phia is pitching itself because the AI answer to what it calls the chaos of online shopping — a market where consumers lose time attempting to find deals while brands fire ads on the improper people.
The corporate is constructing an AI-powered search engine that plugs into Chrome on desktop and Safari on mobile.
Users can seek for products, compare prices and track real-time discounts across retailers and resale platforms.
Phia says the tool has been downloaded 750,000 times within the eight months through November.
Gates and Kianni began working on the thought of their Stanford dorm room, they told Vogue, starting with an idea for a wise tampon before pivoting to fashion tech — a shift that ultimately led to their AI shopping engine.
The founders are browsing a wave of investor mania for so-called AI agents — software that performs repetitive digital tasks mechanically and at scale.
Phia’s deck compares the corporate to Harvey in legal tech, valued at $8 billion; Mercor in HR, which has a $10 billion valuation; and $30 billion Cursor, which develops software development.
For Phoebe Gates, the daughter of one in all the world’s most famous billionaires, Phia marks a high-stakes, public test of her own entrepreneurial chops.
The startup’s momentum follows a three-year sprint through Stanford, where she earned a human biology degree in 2024 and deepened her concentrate on women’s health and global equity.
The Post has sought comment from Phia.
Phoebe is the youngest of three children to Bill and Melinda Gates, who married in 1994 after meeting at Microsoft. The couple divorced in 2021 after 27 years of marriage.
The connection unraveled within the years after Melinda raised concerns about Bill’s meetings with convicted pedophile Jeffrey Epstein.
Bill Gates later called his interactions with Epstein a “mistake that I deeply regret.”
Because of this of their split, Melinda Gates quit the Gates Foundation in May of last yr and received $12.5 billion for her own separate philanthropic work.
Bill Gates has repeatedly said he’ll leave his children only a small portion of his wealth — “lower than 1%” — arguing that handing down an enormous inheritance wouldn’t be a “favor” to them.
Bill Gates’ youngest daughter has clinched a blockbuster recent funding round — vaulting her AI-driven shopping startup into one of the closely watched ventures in tech’s hottest category.
Phoebe Gates is raising $30 million for Phia, the AI shopping agent she cofounded with Stanford classmate Sophia Kianni, based on a pitch deck viewed by Bloomberg.
An organization spokesperson confirmed the round, which can value the Latest York–based startup at $180 million — a rapid jump just months after Phia closed its first $8 million seed raise in September.
The 23-year-old daughter of Bill and Melinda French Gates, who previously fessed to harboring anxiety about her “nepo baby” status, has built Phia right into a magnet for celebrity and Silicon Valley capital.
The deck shows backers including Hailey Bieber, Kris Jenner, Sheryl Sandberg and Spanx founder Sara Blakely — a rarified roster for any startup, especially one which’s lower than a yr old.
Bill Gates has not invested, his daughter told Vogue, though the billionaire Microsoft co-founder has publicly supported the corporate’s mission .
The brand new round shall be led by Notable Capital under managing partner Hans Tung, whose investment history includes Anthropic and Airbnb.
Kleiner Perkins may even participate, together with Khosla Ventures under partner Keith Rabois, based on the pitch deck cited by Bloomberg.
Phia is pitching itself because the AI answer to what it calls the chaos of online shopping — a market where consumers lose time attempting to find deals while brands fire ads on the improper people.
The corporate is constructing an AI-powered search engine that plugs into Chrome on desktop and Safari on mobile.
Users can seek for products, compare prices and track real-time discounts across retailers and resale platforms.
Phia says the tool has been downloaded 750,000 times within the eight months through November.
Gates and Kianni began working on the thought of their Stanford dorm room, they told Vogue, starting with an idea for a wise tampon before pivoting to fashion tech — a shift that ultimately led to their AI shopping engine.
The founders are browsing a wave of investor mania for so-called AI agents — software that performs repetitive digital tasks mechanically and at scale.
Phia’s deck compares the corporate to Harvey in legal tech, valued at $8 billion; Mercor in HR, which has a $10 billion valuation; and $30 billion Cursor, which develops software development.
For Phoebe Gates, the daughter of one in all the world’s most famous billionaires, Phia marks a high-stakes, public test of her own entrepreneurial chops.
The startup’s momentum follows a three-year sprint through Stanford, where she earned a human biology degree in 2024 and deepened her concentrate on women’s health and global equity.
The Post has sought comment from Phia.
Phoebe is the youngest of three children to Bill and Melinda Gates, who married in 1994 after meeting at Microsoft. The couple divorced in 2021 after 27 years of marriage.
The connection unraveled within the years after Melinda raised concerns about Bill’s meetings with convicted pedophile Jeffrey Epstein.
Bill Gates later called his interactions with Epstein a “mistake that I deeply regret.”
Because of this of their split, Melinda Gates quit the Gates Foundation in May of last yr and received $12.5 billion for her own separate philanthropic work.
Bill Gates has repeatedly said he’ll leave his children only a small portion of his wealth — “lower than 1%” — arguing that handing down an enormous inheritance wouldn’t be a “favor” to them.
