AI work assistant startup Town raises $108 million, reaching a $1 billion valuation to join the unicorn ranks
AI work assistant startup Town has raised a $108 million Series B at a $1 billion valuation, bringing its total funding to $160 million. Town was co-founded by former Plaid CTO Jean-Denis Greze and launched its AI assistant called townies in June, with annualized revenue reaching several million dollars within weeks. Each employee is equipped with a Townie that can connect to systems such as email and calendars and share information with other Townies, and enterprises can retain these context assets.
AI work assistant startup Town has raised a $108 million Series B at a $1 billion valuation, bringing its total funding to $160 million. Town was co-founded by former Plaid CTO Jean-Denis Greze and launched its AI assistant called townies in June, with annualized revenue reaching several million dollars within weeks. Each employee is equipped with a Townie that can connect to systems such as email and calendars and share information with other Townies, and enterprises can retain these context as
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