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Sources: Town, which develops enterprise personal AI assistants, is in talks to raise at a $1B valuation in a round led by Index Ventures (Newcomer)

Techmeme ·

Town is reportedly raising at a $1B valuation, signaling investor conviction in enterprise personal AI assistants.

Categories: Money & Moves

Excerpt

Newcomer: Sources: Town, which develops enterprise personal AI assistants, is in talks to raise at a $1B valuation in a round led by Index Ventures — Town, the buzzy enterprise personal agent, is raising at $1 billion, sources tell us — Two startup personal assistants have venture capitalists in a tizzy right now: