AI Assistant Startup Town Nabs Unicorn Valuation Four Months After Launch
The startup says its assistants can now hand off work and share workflows across teams as paying customers grew fourfold since July.
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BizTocAI assistant startup Town nabs unicorn valuation four months after launch
AI assistant startup Town nabbed a unicorn valuation on Monday, announcing a $108 million Series B round co-led by Forerunner Ventures and Menlo Ventures.
Town raises $108M at $1B valuation for AI assistants that team up
Town, a San Francisco startup that gives each person at work an AI work assistant, has raised $108m in a Series B that values it at $1bn. Forerunner Ventures and Menlo Ventures co-led the round, the company announced on Monday. Existing investors a16z and First Round Capital took part, along with Better Tomorrow Ventures, Precedent.vc, […] This story continues at The Next Web
Town raised US$108 million in a round that values it at US$1 billion. The startup seeks for its AI assistants to coordinate tasks between peers and teams, with information sharing controls and a data ownership model that, according to the company, allows customers to take the context they build. *** Forerunner Ventures and Menlo Ventures co-directed the B Series, with the participation of existing investors and new funds. Town expands its indivi…
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