Town, the enterprise AI assistant, raises US$108 million at a US$1 billion valuation

TechnologyInternationalEl Ecosistema StartupOct 25, 2026, 5:48 PM40 s readAI summary

San Francisco-based Town announced on October 19 a US$108 million Series B that values it at US$1 billion, four months after its public launch. The round was co-led by Forerunner Ventures and Menlo Ventures, with participation from Andreessen Horowitz, Serena Ventures and First Round Capital. Founded in 2024 by Jean-Denis Greze, former CTO of Plaid, and Tony Vincent, the company offers an AI assistant per employee called Townie, with a main plan priced at US$50 per month.

In 40 seconds

Town closed a US$108 million Series B valuing it at US$1 billion, four months after its public launch.
The round was co-led by Forerunner Ventures and Menlo Ventures, with Andreessen Horowitz, Serena Ventures and First Round Capital.
The company was founded in 2024 by Jean-Denis Greze, former CTO of Plaid, and Tony Vincent, and had previously raised a US$55 million Series A.

Read the full story at El Ecosistema Startup

IASummary generated by artificial intelligence from a story by El Ecosistema Startup. It may contain errors: the original source prevails.

inteligencia artificial
startups
ronda de financiación
agentes de IA

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Town, the enterprise AI assistant, raises US$108 million at a US$1 billion valuation

In 40 seconds

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