Instinct raises $1B at $10B valuation, eyes personal AI dominance
instinct raised $1 billion in series c funding at a $10 billion valuation, driven by demand for consumer ai agents that can perform tasks. this funding round highlights investor confidence in ai agents.
instinct, a startup offering ai agents that can perform tasks such as booking travel plans, making purchases, and paying bills, has raised $1 billion in series c funding at a $10 billion valuation. the funding round comes just a month after instinct announced a previous raise that valued the company at $2.5 billion. investors include sequoia capital, benchmark capital, and coatue. instinct's ai agent uses its own phone number and computer to perform tasks and has introduced features like concierge, which can make phone calls to manage tasks like making appointments. the company is facing competition from meta's ai assistant, muse, which has gained popularity with millions of downloads.