• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Startups & VentureVenture Capital

Exclusive: Eigen raises a seed round from Benchmark to build the world’s first ‘mutual friend’

Lily Mae Lazarus
By
Lily Mae Lazarus
Lily Mae Lazarus
Reporter, News
Down Arrow Button Icon
Lily Mae Lazarus
By
Lily Mae Lazarus
Lily Mae Lazarus
Reporter, News
Down Arrow Button Icon
April 16, 2026, 12:00 PM ET
Paul Scherer poses casually while sitting on a bookshelf
Before Eigen, Paul Scherer helped scale Paris-based startup Augment from near-zero to over $1 million in monthly revenue.Courtesy of Eigen

More than 600 million people watched the moon landing live in 1969. When NASA’s Artemis program returned astronauts to the lunar surface, an estimated 27 million tuned in, even as the world’s population had doubled. The shared cultural experience, the kind that once stitched strangers together, has quietly collapsed—and Paul Scherer thinks AI is about to make it worse before anyone tries to make it better.

Recommended Video

That gap is what Eigen is betting on. The stealth AI startup has raised a $15 million seed round from Benchmark with Pinterest cofounder Ben Silbermann and Dreamer cofounder David Singleton (who later sold his company to Meta) joining as angel investors, Fortune learned exclusively. 

Scherer, the company’s 22-year-old founder, grew up in a village of fewer than 1,000 people outside Frankfurt. He left high school at 17, taught himself to code, and arrived in San Francisco in May 2025 on a one-way flight and an O-1 visa. Before that, he helped scale Augment—a Paris-based alternative MBA for entrepreneurs—from near-zero to over $1 million in monthly revenue.

Benchmark partner Sarah Tavel had spent years hunting for the right company in the AI social space. “I’d long felt that one of the most important consumer opportunities in the AI era was going to be something that felt like a friend,” she told Fortune. “Companies like Replika and Character.ai were the first to show the potential here, and although I met with several founders going after this opportunity, most felt like they created more loneliness, not less. Then I met Paul.”

Scherer isn’t building another Replika. Product details remain deliberately vague, but he frames Eigen’s thesis against the hyper-personalization logic that defines modern tech. “Everyone is racing to build your AI best friend,” he told Fortune. “What we’re doing is asking: What would this world look like if it was perfect for all of us, not just each of us individually?” The goal, he says, is to create shared, synchronous experiences that bind people together rather than atomize them. The team isn’t ready to outline what exactly that technology looks like, and recognizes it’s hard to imagine what it might resemble. But the market, Scherer says, is clear. 

Half of U.S. adults reported feeling isolated in the APA’s 2025 Stress in America survey. Meanwhile, the global AI companion market—valued at $37.12 billion in 2025—is projected to reach $552.49 billion by 2035, according to Precedence Research. 

Silbermann sees Eigen as a different kind of answer. “Paul described an AI friend who enriches relationships with your real friends, not replaces them,” he told Fortune. “What I hope stays consistent is Eigen’s passion for building products that are pro-social, genuinely helpful, and fun.”

To build it, Scherer is assembling what he calls a “U-shaped” team. Deeply experienced tech veterans will work alongside unusually young creative builders, skipping the conventional middle. Engineers think like product managers; the company has also hired a screenwriter. Nearly all its engineers, Scherer said, are former founders.

Tavel was taken as much by the quality of Scherer’s thinking as by the vision itself. “The elements of Paul’s vision were completely contrarian, and when I pushed him, deeply thought through,” she told Fortune.

The seed capital will go toward hiring—specifically, Scherer says, building “the best team on earth.” Whether that team will be able to create the synchronous, shared experiences Eigen pitches is the question the company is now funded to answer.

In 2001, Fortune first convened “The Smartest People We Know,” bringing together CEOs and founders, builders and investors, thinkers and doers. Since then, Fortune Brainstorm Tech has been the place where bold ideas collide. From June 8–10, we will return to Aspen—where it all began—to mark 25 years of Brainstorm. Register now.
About the Author
Lily Mae Lazarus
By Lily Mae LazarusReporter, News

Lily Mae Lazarus is a news reporter at Fortune.

See full bioRight Arrow Button Icon

Latest in Startups & Venture

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Startups & Venture

Photo of vegan cheese products
AITech
A Mark Cuban–backed vegan cheese company trained AI to scrutinize cardboard boxes. It’s saved $400,000
By Jake AngeloMay 1, 2026
2 days ago
Exclusive: Startup Fun raises $72 million for the serious business of converting crypto and cash
CryptoVenture Capital
Exclusive: Startup Fun raises $72 million for the serious business of converting crypto and cash
By Ben WeissMay 1, 2026
2 days ago
The fruit fly cancer researcher who built his first prototype out of lollipop sticks and straws
NewslettersTerm Sheet
The fruit fly cancer researcher who built his first prototype out of lollipop sticks and straws
By Allie GarfinkleMay 1, 2026
2 days ago
Meta's Hyperion data-center site in Northeastern Louisiana.
NewslettersEye on AI
Big Tech will spend nearly $700 billion on AI this year. No one knows where the buildout ends
By Sharon GoldmanApril 30, 2026
3 days ago
The startup that wants to give surgeons X-ray vision
NewslettersTerm Sheet
The startup that wants to give surgeons X-ray vision
By Allie GarfinkleApril 30, 2026
3 days ago
Christina Cacioppo poses while sitting down in a suit jacket
NewslettersTerm Sheet
Exclusive: Vanta hits $300 million ARR as ‘shadow AI’ explodes across corporate America
By Lily Mae LazarusApril 29, 2026
4 days ago

Most Popular

Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
Personal Finance
Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
By Fatima Hussein and The Associated PressMay 1, 2026
2 days ago
Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams
Economy
Gen Z is rebelling against the economy with ‘disillusionomics,’ tackling near 6-figure debt by turning life into a giant list of income streams
By Jacqueline MunisMay 2, 2026
24 hours ago
The American household just took an 81% margin cut. Wall Street hasn’t priced it in
Commentary
The American household just took an 81% margin cut. Wall Street hasn’t priced it in
By Katica RoyMay 2, 2026
1 day ago
Stop donating to Harvard and the Ivy League. There's a better option that MacKenzie Scott already figured out
Commentary
Stop donating to Harvard and the Ivy League. There's a better option that MacKenzie Scott already figured out
By Ed Smith-LewisMay 2, 2026
1 day ago
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
North America
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
By Jake AngeloApril 30, 2026
3 days ago
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
Success
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
By Preston ForeApril 27, 2026
6 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.