Town Hits $1 Billion in Four Months
Town raised $108 million at a $1 billion valuation four months after launch, co-led by Menlo, which put its whole firm on Town in June.
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Company — Town builds workplace AI assistants called Townies that coordinate work across email, documents, CRM systems and calendars. Founded by Jean-Denis Greze and Tony Vincent, it targets teams using connected agents for everyday business workflows.
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At a glance
Town builds workplace AI assistants called Townies that coordinate work across email, documents, CRM systems and calendars. Founded by Jean-Denis Greze and Tony Vincent, it targets teams using connected agents for everyday business workflows.
- Founders
- Jean-Denis Greze; Tony Vincent
- Public launch
- June 2026
- Product
- Townies, connected workplace AI assistants
- Reference
- Town ↗
Sources checked . Selected company background and milestones.
Company milestones
Revenue, funding, product launches and major company events, newest first. Expand earlier milestones for more history.
Raises $108M Series B at a $1B valuation
Forerunner and Menlo Ventures co-lead the round, four months after the public launch.
Source: Town ↗Reports fourfold paying-customer growth
Town says paying customers have grown fourfold and paying teams ninefold since July. These are adoption multiples, not disclosed revenue totals.
Source: Town ↗Discloses seven-figure ARR reached within weeks
The company reports reaching seven-figure ARR shortly after launch. It does not disclose a precise current ARR in this announcement.
Source: Town ↗Menlo begins using Town across its firm
Menlo describes adopting Town internally in June, ahead of co-leading its Series B. Its account highlights connected workplace workflows.
Source: Menlo Ventures ↗Launches publicly with $55M Series A
Town introduces its workplace assistant platform with a financing round led by a16z.
Source: Town ↗
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