Town

News, funding, people, models and hiring

Source-backed developments and current roles in this edition.

AI ecosystem · Location not verified

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Funding

Town

$108M

Series B · Equity

Announced · 2026-10-19

Investors: Forerunner Ventures, Menlo Ventures, a16z, First Round Capital, Better Tomorrow Ventures, Precedent.vc, Scribble Ventures, Serena Ventures, Sparked Ventures

Sources: Town

Developments

Funding19 Oct 2026· 1 source link

Town announces $108M Series B for AI assistants that coordinate with each other

Town announced a $108 million Series B co-led by Forerunner Ventures and Menlo Ventures, valuing the business at $1 billion. Its work assistants connect to employees' email, documents, calendars and business tools; the company says the assistants can now coordinate with each other and outside contacts.

Sources: Town