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Town announces $108 million Series B at a $1 billion valuation
Town says Forerunner Ventures and Menlo Ventures co-led a $108 million Series B that values the company at $1 billion. The valuation is an investor pricing point, not revenue or proof the team-assistant product will succeed. Town also reports early paying-customer growth, which remains a company claim.
Primary source · Town · October 19, 2026
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