# Town hits unicorn status four months after launch

> AI assistant startup Town reaches one billion dollar valuation on strength of early revenue, raising one hundred eight million dollars in Series B funding.
- Title: Town hits unicorn status four months after launch · TechCrunch
- Summary: AI assistant startup Town reaches one billion dollar valuation on strength of early revenue, raising one hundred eight million dollars in Series B funding…
- Keywords: town, ai assistant, unicorn valuation, series b funding, jean-denis greze, forerunner ventures, menlo ventures, san francisco, technology, startups, hits, unicorn
- Source: TechCrunch — https://techcrunch.com/2026/10/19/ai-assistant-startup-town-nabs-unicorn-valuation-four-months-after-launch
- Author: Dominic-Madori Davis
- Published: 2026-10-19T18:00:39+00:00
- Read time: 1 min
- Topics: town, ai assistant, unicorn valuation, series b funding, jean-denis greze, forerunner ventures, menlo ventures, san francisco, technology, startups
## Town reaches unicorn valuation
Town, a San Francisco-based AI assistant startup founded by former Plaid CTO Jean-Denis Greze, announced a one billion dollar valuation on Monday with a one hundred eight million dollar Series B funding round.
## Four months from launch to unicorn
The company launched publicly just four months ago and reached millions of dollars in annual recurring revenue within weeks.
## How Town's AI assistants work
Town targets businesses by giving each employee an AI assistant called a Townie that connects to emails, calendars and core work systems.
## New shared workflow feature announced
Alongside the funding, Town announced a shared workflow that automatically updates employees' Townies with new business information rather than requiring each worker to update their own Townie.
## Key takeaway

Town, an AI assistant startup founded by former Plaid CTO Jean-Denis Greze, reached unicorn valuation four months after public launch by raising one hundred eight million dollars in Series B funding co-led by Forerunner Ventures and Menlo Ventures.