Singapore-based startup Butterfly Effect’s AI agent Manus recently announced that its annualized revenue has reached $125 million, a significant increase from $90 million in August. The company’s annual recurring revenue has also hit $100 million, just 8 months after launching its paid subscription service in April. Manus was launched in March this year, powered by AI foundation models from companies like Anthropic to drive its agent services. It currently offers subscription plans starting at $17 per month, with the premium tier priced at $167 per month. Butterfly Effect completed a $75 million funding round led by Benchmark in April, reaching a valuation of $500 million, and now has 105 employees across Singapore, Tokyo, and San Francisco. Manus’ rapid growth reflects the commercial potential in the AI agent sector.
