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# Town raises $108M Series B at $1B valuation for team AI assistants
- URL: https://www.enterprisey.com/town-raises-108m-series-b-at-1b-valuation-for-team-ai-assistants/
- Published: 2026-10-19T15:44:00.000Z
- Updated: 2026-10-26T01:29:26.000Z
- Description: Forerunner and Menlo co-led the round for Town, which gives each employee an AI assistant that connects to email and calendars and can coordinate with colleagues' assistants. Town launched publicly in June with a $55M Series A.
- Author: Enterprisey Admin
- Tags: News, Funding

Forerunner and Menlo co-led the round for Town, which gives each employee an AI assistant that connects to email and calendars and can coordinate with colleagues' assistants. Town launched publicly in June with a $55M Series A. ([Town](https://www.town.com/press/series-b?ref=enterprisey.com); [The Next Web](https://thenextweb.com/news/town-108m-series-b-1b-valuation-ai-assistants?ref=enterprisey.com))