Mmastodon BusinessStartups first seen 20 h ago, last 20 h ago, peak #12

AI startup Town raises $108 million to reach unicorn status

Original: San Francisco-based AI startup Town has announced a $108 million Series B funding round co-led by Forerunner Ventures an

San Francisco-based AI startup Town has raised a $108 million Series B funding round co-led by Forerunner Ventures and Menlo Ventures. The round brings Town's total funding to at least $160 million and gives the company a unicorn valuation, meaning it is now worth over $1 billion. Town was founded by Jean-Denis Greze, previously chief technology officer at Plaid.

Why now: The large funding round and new unicorn valuation for a startup founded by Plaid's former CTO is drawing attention in the tech and venture capital community.

TownForerunner VenturesMenlo VenturesJean-Denis GrezePlaid

Open on mastodon →

Evidence

• San Francisco-based AI startup Town has announced a $108 million Series B funding round co-led by Forerunner Ventures and Menlo Ventures, pushing its total funding to at least $160 million and reaching a unicorn valuation. Founded by former Plaid CTO Jean-Denis Greze, Town… · hacksgr

API: https://socialmediatrends-api.osmike.com/v1/trends/2893339