AI assistant Instinct is raising a $250M Series B co-led by Index Ventures and Benchmark at a $2.5B valuation, bringing its total raised to $350M (Kate Clark/Wall Street Journal)

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Instinct is raising $250M at a $2.5B valuation, signaling strong investor demand for viral AI assistant startups.

Categories: Money & Moves

Excerpt

Kate Clark / Wall Street Journal: AI assistant Instinct is raising a $250M Series B co-led by Index Ventures and Benchmark at a $2.5B valuation, bringing its total raised to $350M — Buzzy startup Instinct, which is fundraising at a $2.5 billion valuation, promises to handle emails and more, but some early users raise privacy concerns