GoKawiilTown raises $108M Series B, hits unicorn status four months after launch
AI assistant startup Town announced a $108 million Series B round co-led by Forerunner Ventures and Menlo Ventures, pushing its valuation past $1 billion. The San Francisco company, founded by former Plaid CTO Jean-Denis Greze, has now raised at least $160 million total after a $55 million Series A in June, and says it reached millions in annual recurring revenue within weeks of its public launch. Andreessen Horowitz, Serena Ventures, and First Round Capital also joined the round, alongside a new shared workflow feature that updates all employees' AI assistants, called Townies, with company-wide information automatically.