Town, a San Francisco-based AI assistant startup, has reached unicorn status with a $1 billion valuation after raising a $108 million Series B co-led by Forerunner Ventures and Menlo Ventures. Founded in 2024 by Jean-Denis Greze (former CTO of Plaid) and Tony Vincent (former Google), the company launched publicly in June 2026 and claims it reached seven-figure annual recurring revenue within weeks. Since July 2026, its paying customer base has grown four-fold while paying teams have grown nine-fold.
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