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AI assistant startup Town reaches unicorn valuation in Series B round
According to TechCrunch, the AI assistant startup Town has reached a unicorn valuation after announcing a $108 million Series B round on Monday. Forerunner Ventures and Menlo Ventures co-led the funding.
Series B round and its leading investors
On Monday, Town disclosed a $108 million Series B round, a stage of company funding that comes after an early round. Forerunner Ventures and Menlo Ventures jointly led the round.
The unicorn valuation refers to the price investors place on the whole company, the measure that has now been attached to Town.
Open questions
- What exact valuation did investors assign to Town in this round?