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Home/Tech/Instinct raises $1B Series C at $10B valuation
VERIFIEDBy Xavier Rivera·Monday, September 28, 2026 at 10:48 AM AST·1 min read

Instinct raises $1B Series C at $10B valuation

Instinct has raised $1 billion in a Series C round at a $10 billion valuation. The round underscores investor interest in consumer AI agents that perform tasks beyond conversation.

Source:reuters.com
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Instinct raises $1B Series C at $10B valuation
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TL;DRAI · 60 sec read

Instinct raises $1 billion in a Series C round valuing it at $10 billion, backed by Sequoia Capital, Benchmark Capital and Coatue one month after a prior $2.5 billion round. The AI startup, which launched its invite-only SMS service in August 2026, attracts rapid funding amid growing investor interest in consumer AI agents for tasks like bookings and payments.

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AI assistant startup Instinct has raised $1 billion in a Series C round that values the company at $10 billion.

Round closes one month after prior valuation. The funding comes from Sequoia Capital, Benchmark Capital and Coatue. It follows a raise announced last month that valued Instinct at $2.5 billion.
The firm uses SMS and texting to interact with users.

The Information reported the new round earlier this month. Instinct confirmed the details in a Monday press release.

Company launched service in August 2026. Instinct began its invite-only service in August. The round marks rapid growth for the startup.
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The firm uses SMS and texting to interact with users. It has not released a mobile app.
The quick successive raises reflect interest in AI agents that handle tasks such as booking travel, making purchases, paying bills and ordering groceries.

Investors back consumer AI agents. The quick successive raises reflect interest in AI agents that handle tasks such as booking travel, making purchases, paying bills and ordering groceries. Instinct has not disclosed user numbers or growth metrics.
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Founder issues statement on vision. Instinct declined interview requests with founder Noah Shinn. A statement attributed to him said the funding will help bring the service to more people and build the future of personal AI.
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