From RuntimeWire · RuntimeWire · · 40s
Town Raises $108M at $1B Valuation
Town secures $108 million Series B funding at $1 billion valuation for workplace AI assistants.
In brief
Town secures $108 million Series B funding at $1 billion valuation for workplace AI assistants. Town raised $108 million in Series B funding at a $1 billion valuation for workplace AI assistants. Originally reported by RuntimeWire.
Town's Series B Funding
Town raised $108 million in Series B at a $1 billion valuation on October 19th.
Investors Participating
Forerunner Ventures and Menlo Ventures co-led the round with Andreessen Horowitz, First Round Capital, and Serena Ventures.
Funding Purpose
The round supports Town's workplace AI assistants with repeat founders aiming to prove employee retention.
What to remember
Town raised $108 million in Series B funding at a $1 billion valuation for workplace AI assistants.
