Town raises $108M Series B at $1B valuation, becoming a unicorn weeks after launch
Overview
Town, an AI agent startup co-founded by former Plaid CTO Jean-Denis Greze, raised $108 million in a Series B at a $1 billion valuation, according to SiliconANGLE. Forerunner Ventures and Menlo Ventures led the round.
The company says it has reached a revenue run rate in the millions of dollars, weeks after launching its Townie assistants in June.
Written by AI from the articles below · updated Oct 19, 8:48 PM ET
Check the sources:
Article timeline
The articles in this story. Times are ET.
- SiliconANGLE · AINewsTown raises $108M at $1B valuation weeks after launching its AI work assistants
AITown, an AI agent startup co-founded by former Plaid CTO Jean-Denis Greze, raised $108 million in a Series B at a $1 billion valuation. The round was led by Forerunner Ventures and Menlo Ventures, and the company says it has reached a revenue run rate in the millions of dollars weeks after launching its Townie assistants in June.
Heat Trend
Not enough continuous observations to show a trend yet.