Champ AI cofounders Peter Lin, Jagannath Putrevu, and Ted Cheng. Champ AI Champ AI has emerged from stealth with $8.5 million in funding led by Redpoint Ventures. Its three cofounders spent nearly a decade as engineers at Instacart. Champ AI uses AI agents to automate phone calls, paperwork, and browser tasks. After nearly a decade as engineers at Instacart, Champ AI's founders learned a painful lesson: scaling a company can mean drowning in back-office busywork. Now they've raised $8.5 millio