Town seeks a $1B valuation two months after its $55M Series A

Index Ventures is leading the talks, putting the firm behind both Town and Instinct as investors crowd into personal AI agents.

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Primary source: Newcomer

Why it matters

Town's reported $1B valuation shows investors paying early for control of the personal-agent interface, where user context and trust may matter more than the underlying model.

Town seeks a $1B valuation two months after its $55M Series A — Index Ventures is leading the talks, putting the firm behind both Town and Instinct as investors crowd into personal AI agents.

Jean-Denis Greze (@jgreze) and Tony Vincent (@tonydevincenzi) are in talks to raise another round for Town at a $1 billion valuation, with Index Ventures leading the proposed financing, Newcomer reported on Thursday.…

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