The Letter Company releases beta of letterpress-1 coding agent

Letterpress‑1 runs on the company’s hosted platform against a user’s git repository, requiring no local GPU. Setup takes under five minutes. The product is priced in token‑based tiers: Basic $100 for 10,000 tokens, Starter $500 for 50,000, Growth $1,000 for 130,000, Scale $2,500 for 400,000, and Enterprise starting at 2 million tokens a month at half the list rate. A token equals one cent at list price, and the agent’s cost model adds 20 % to token usage, typically 150‑900 tokens per pull request ($1.50‑$9). Overage on Basic and Starter is $50 per 1,000 tokens, five times the list rate.

The agent exposes 760 tools through a single registry over MCP, REST and CLI, and offers four primitives—Proofs, Simulations, Benches and Phantoms—to attract buyers. It positions itself against tools like G2, Semrush, Profound, RB2B and Instantly, and claims to outperform Codex in a self‑reported side‑by‑side page build. No public benchmark is available, and the company has not disclosed model sizes or names.