AI Agent Firm Instinct Raises $1 Billion in Latest Funding Round
Sequoia Capital, Benchmark Capital and Coatue backed the round as Instinct expands its autonomous personal agent and concierge features.
- On Monday, San Francisco, California-based Instinct announced it raised $1 billion in a Series C funding round, valuing the personal AI assistant startup at $10 billion.
- Sequoia Capital, Benchmark Capital, and Coatue led the investment round, reflecting intense investor fervor for consumer AI agents capable of performing autonomous tasks.
- Instinct recently launched a concierge feature that makes phone calls for users and a trusted person network for coordinating plans, while relying on SMS instead of a mobile app.
- Despite viral adoption, Instinct faces competition from Meta's AI assistant, Muse, which integrates with Instagram DMs, Facebook Groups, and Marketplace to perform similar functions.
- Founder Noah Shinn stated the company is building an agent to handle the "deeply personal nuances of everyday life" as Instinct aims to bring its service to more people.
13 Articles
13 Articles
AI Agent Startup Instinct Raises $1 Billion at $10 Billion Value
Instinct, the startup behind a viral artificial intelligence agent, has raised $1 billion in funding at a $10 billion valuation, a sign of investor demand for a new crop of AI products that carry out everyday tasks for users.
AI agent startup Instinct raises $1 billion at $10 billion valuation to build personal AI agent - Tech Startups
AI agent startup Instinct has raised $1 billion at a $10 billion valuation, giving the San Francisco company a massive war chest to pursue one of AI’s biggest consumer bets: an assistant that does more than answer questions and actually […] The post AI agent startup Instinct raises $1 billion at $10 billion valuation to build personal AI agent first appeared on Tech Startups.
AI agent firm Instinct raises $1 billion in latest funding round
Everyday personal AI assistant startup Instinct raises $1B at $10B valuation
Instinct, the developer of an artificial intelligence assistant for everyday users, today announced it has raised a colossal $1 billion in a new funding, bringing the company’s valuation to $10 billion. Sequoia Capital, Benchmark Capital and Coatue joined the Series C round. The funding comes a month after the company said it raised $250 million, co-led […]
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