Instinct, a San Francisco startup focused on AI agents, raised $1 billion in a Series C funding round completed on September 28, 2026, at a post-money valuation of $10 billion. The amount quadruples the $2.5 billion valuation recorded only a few weeks earlier, while the raise represents one tenth of the final valuation, implying a $9 billion pre-money price. Sequoia Capital, Benchmark Capital and Coatue led the round. Launched by invitation in August 2026, the service lets users delegate tasks such as making bookings and placing phone calls to an autonomous agent through text messages.
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