company

Town

AI assistant startup based in San Francisco

Startups · 20 Oct 2026AI assistant startup Town reaches unicorn valuation four months after public launch

Town, a two-year-old San Francisco startup building AI assistants for businesses, has secured a $108 million Series B funding round that pushes its valuation past the $1 billion unicorn threshold, just four months after its public launch. The round was co-led by Forerunner Ventures and Menlo Ventures, with participation from Andreessen Horowitz, Serena Ventures, and First Round Capital.