Last verified Oct 19, 2026

Key Metrics

Valuation
$1B
As of Oct 19, 2026GlobeNewswire

Recent changes

  1. Oct 19, 2026Raised $108M Series B at a $1B valuation GlobeNewswire
  2. Oct 19, 2026First reported valuation: $1B GlobeNewswire
  3. Oct 19, 2026New investor: Menlo Ventures GlobeNewswire
  4. Oct 19, 2026New investor: First Round Capital GlobeNewswire
  5. Oct 19, 2026New investor: Andreessen Horowitz GlobeNewswire
Earlier changes (4)
  1. Oct 19, 2026New investor: Scribble Ventures GlobeNewswire
  2. Oct 19, 2026New investor: Forerunner Ventures GlobeNewswire
  3. Oct 19, 2026Town Raises $108M Series B | $1B Valuation 4 Months After Series A Pulse story
  4. Aug 27, 2026Town Nears $1B Valuation in Index-Led Round Pulse story

Funding History

1 event ยท sources dated per row
DateEventAmountValuationInvestorsSource
Oct 19, 2026Series B$108M$1B
Forerunner VenturesLeadunverifiedMenlo VenturesLeadunverifiedAndreessen HorowitzunverifiedFirst Round CapitalunverifiedBetter Tomorrow VenturesunverifiedScribble VenturesunverifiedSerena VenturesunverifiedPrecedent.vcSparked Ventures
GlobeNewswire

Investors

Latest Pulse

  1. Town Raises $108M Series B | $1B Valuation 4 Months After Series AThe AI assistant startup's valuation hit ten figures just months after its Series A, as investors race to fund AI tools built for entire teams rather than individual power users.โ†’
  2. Town Nears $1B Valuation in Index-Led RoundEnterprise AI assistant Town is raising at roughly a $1 billion valuation in a round led by Index Ventures, the second personal-assistant startup to reach a billion-dollar mark in a week.โ†’

Coverage Timeline

newest first
  1. Oct 19, 2026FUNDINGTown Raises $108M Series B | $1B Valuation 4 Months After Series A$108M Series Bโ†’
  2. Aug 27, 2026FUNDINGTown Nears $1B Valuation in Index-Led Round~$1B valuationโ†’

All Coverage

Related Companies

More on TownAI Buildout Tracker โ†’Big Tech AI Spending โ†’AI Valuations โ†’

Town FAQ

What is Town's valuation?

Town's valuation is $1B (As of Oct 19, 2026, GlobeNewswire).

Who are Town's investors?

Town's investors include Forerunner Ventures, Menlo Ventures, Andreessen Horowitz, Better Tomorrow Ventures, First Round Capital, and 2 more (As of Oct 19, 2026).

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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