AI assistant startup Instinct completes $250 million Series B funding round, valued at $2.5 billion
According to TechCrunch, AI assistant startup Instinct announced it has closed a $250 million Series B round co-led by Index Ventures and Benchmark. Following this round, the company's total funding reached $350 million, with its valuation rising to $2.5 billion.
Launched by Spear Street Technology and led by 23-year-old founder Noah Shinn, the product is still in a private testing phase. Users can connect it to their personal apps and devices, interacting with the AI assistant via SMS and phone calls to handle daily tasks such as itinerary planning, shopping, booking events, and managing subscriptions.