AI assistant Ollie to shut down November 6
AI · First reported 30 Oct, 22:56 · Updated 23:40
Ollie, a family-focused AI assistant, is set to close its app on November 6. Its CEO said the company could not keep pace with competitors or raise the capital it needed; customers are due to receive data-export and refund instructions.
- Ollie said its app will shut down on November 6.
- The family-focused assistant offered appointment booking, meal planning, and bill payment features.
- CEO Bill Lennon cited difficulty keeping up, standing out, growing, and raising needed capital; customers are to receive data-export and refund instructions.
Summary written by Lux AI from 2 articles
Key facts
- Shutdown date
- November 6
- CEO
- Bill Lennon, co-founder and CEO
- Seed round
- $7.5 million, led by Khosla Ventures
- Customer next steps
- Data-export and refund instructions were expected in the coming days
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- Ollie, a privacy-focused AI assistant, is shutting down30 Oct, 22:56
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