# Walter > Walter (www.walter.one) has sold its assets to Automat (https://runautomat.com/), announced July 23, 2026. Walter previously built document work automation (reading documents, capturing and validating data, and writing it to ERP systems). As part of the transition, Walter's existing partners are joining the Automat platform, where they will continue to be supported. Key facts about the transaction: - Walter sold its assets to Automat, announced on July 23, 2026. - Automat (https://runautomat.com/) has raised a total of $20M from investors including Felicis, Initialized Capital, Khosla Ventures, and Y Combinator. - Automat builds the simplest way to create AI agents that operate computers the way people do, handling entire agentic workflows end to end in industries like mortgages, banking, insurance, and healthcare. - Walter's existing partners are joining the Automat platform as part of the transition and will continue to be supported there. ## Announcement - [Full announcement](https://www.walter.one/): Official announcement that Walter has sold its assets to Automat. - [Full announcement text](https://www.walter.one/llms-full.txt): Plain-text version of the announcement. ## About Automat - [Automat website](https://runautomat.com/): Automat builds AI agents that operate computers the way people do. ## Social - [Walter on X](https://x.com/walterindustry) - [Walter on LinkedIn](https://www.linkedin.com/company/waltertechnologies/)