Town’s AI work assistant, called a Townie, connects to a user’s email, calendar, documents and core work systems, learning context and projects to perform tasks.

Town is extending its AI assistants from individuals to teams, enabling Townies to ask each other questions, hand off work, and collaborate with customers, partners and candidates via email and text.

Each employee receives a Townie that integrates with email, calendars and other work systems to support internal communications, tasks and interactions with customers and external parties.

Founders Tony Vincent and Jean-Denis Greze bring notable backgrounds from Dropbox, Google and Plaid, with investors led by Menlo Ventures’ Shawn Carolan.

Town publicly launched in June 2026 with a $55 million Series A and quickly reported seven figures in annual recurring revenue, followed by rapid paying-customer growth.

Total funding to date exceeds $160 million, anchored by the June Series A, with Townies driving thousands of daily interactions across businesses.

Since the public launch, Town reports payersquad growth: paying customers quadrupled and paying teams ninefold since July, with thousands of businesses using Townies daily.

Town is SOC 2 Type 2 compliant and publishes its data processing agreement to ensure data-handling transparency.

Shawn Carolan of Menlo Ventures highlights Town’s focus on business productivity and team collaboration over individual use.

Town announced a $108 million Series B at a $1 billion valuation, led by Forerunner Ventures and Menlo Ventures, with participation from a16z, First Round Capital and others, announced in San Francisco.

The Series B makes Town a unicorn, four months after its public launch, with co-leads and ongoing deployment of Town across firms to manage inboxes, briefings, and follow-ups.

Menlo Ventures confirms co-leading the Series B with Forerunner, with participation from a16z and First Round, and notes their own firm-wide deployment of Townies.