--- format: "aidr-story-markdown/v1" id: "802540ceff8ae2c0a32b9c0708cf1f4420769d5d2a25079c73e2d2624f343d2b" canonical_url: "https://aidr.today/802540ce?lang=en" title: "Town Raises $108M at $1B Valuation for Multiplayer AI Agents" lang: "en" requested_lang: "en" available_langs: ["en","vi"] translation_fallback: null fallback_fields: [] published_at: "2026-10-19T15:39:01.000Z" category: "Funding" topics: ["funding"] source_urls: ["https://marketbrief.now/startups/town-raises-108m-at-1b-valuation-for-multiplayer-ai-agents-88d3ea60","https://huggingnews.com/startups/town-raises-108m-at-1b-valuation-for-multiplayer-ai-agents-88d3ea60","https://www.techmeme.com/261019/p39"] summary: "Town raised $108 million in a Series B round co-led by Forerunner Ventures and Menlo Ventures, bringing its total capital raised to $181 million and its valuation to $1 billion. The company's AI assistants connect to corporate email, documents, and calendars to learn workflows and transfer work between agents on a team. Since launching in June, Town has reached seven figures in annual recurring revenue and expanded its paying customer base fourfold since July." --- # Town Raises $108M at $1B Valuation for Multiplayer AI Agents > [Open the canonical story]() **Published:** 2026-10-19T15:39:01.000Z **Category:** Funding **Topics:** funding ## Summary Town raised $108 million in a Series B round co\-led by Forerunner Ventures and Menlo Ventures, bringing its total capital raised to $181 million and its valuation to $1 billion\. The company's AI assistants connect to corporate email, documents, and calendars to learn workflows and transfer work between agents on a team\. Since launching in June, Town has reached seven figures in annual recurring revenue and expanded its paying customer base fourfold since July\. ## Sources - [Story source]() - [Story source]() - [Story source]()