Instinct's AI assistant draws $350M investment, pushing valuation to $2.5B
Instinct, an AI assistant startup founded last year by Noah Shinn, has raised $250 million in a Series B round co-led by Index Ventures and Benchmark, bringing total funding to $350 million and valuing the company at $2.5 billion. The service, currently in private beta, lets users connect apps and devices to manage tasks like travel planning and subscriptions. However, the app has drawn privacy concerns over its permissions and terms of use.
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The Series B round, co-led by Index Ventures and Benchmark, brings Instinct's total capital to $350 million. The company operates under Spear Street Technology and was founded by 23-year-old Noah Shinn. The service remains in private beta despite its rapid ascent.
Instinct
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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “Viral AI startup Instinct has raised $350 million at a $2.5 billion valuation.” Browse more stories.