Ollie, a privacy-focused AI assistant, is shutting down

Ollie, a startup building a privacy-focused AI personal assistant for families, will shut down on November 6, co-founder and CEO Bill Lennon announced on X. The company, which raised a $7.5 million seed round led by Khosla Ventures and achieved SOC 2 compliance, connected to users' email and calendar and offered appointment booking, meal planning, and bill payments. Lennon said competition from Muse, Instinct, and others made it harder to stand out, grow, and raise capital, and customers will receive instructions on exporting data and getting refunds.