According to TechCrunch, AI assistant startup Instinct has announced a $250 million Series B round led jointly by Index Ventures and Benchmark. Following this funding, the company has raised a total of $350 million and is now valued at $2.5 billion. Instinct, launched by Spear Street Technology and led by 23-year-old founder Noah Shinn, is still in private beta. Users can connect it to their personal apps and devices and interact with the AI assistant via text message or phone call to manage everyday tasks such as planning trips, making purchases, booking events, and managing subscriptions.
AI assistant startup Instinct raises $250M in Series B, valuation reaches $2.5B
TechFlowShare
Summary
AI and crypto news outlet TechFlow reports that AI assistant startup Instinct has raised $250 million in a Series B round led by Index Ventures and Benchmark. The company’s total funding now stands at $350 million, with a valuation of $2.5 billion. Founded at age 23 by Noah Shinn under Spear Street Technology, Instinct is currently in private testing and enables users to manage tasks via SMS or phone calls. The funding announcement reflects strong investor confidence in the AI-powered platform.
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