Town Raises $55M Series A

Town, a San Francisco-based software company building autonomous AI assistants, has raised $55 million in a Series A funding round.

Investors

The round was led by Andreessen Horowitz, with participation from Forerunner Ventures.

Town Use of Funds

The company plans to use the capital to advance the development of its AI assistants, which are designed to learn from user habits and interactions to handle multi-step workflows autonomously, moving beyond simple chatbots to digital employees.

About Town

Town is a company focused on creating personalized AI assistants that function as digital employees. The company develops a platform that integrates with workplace tools like email, Slack, and calendars to learn user behavior and execute complex tasks without human intervention. By integrating with existing enterprise software, the platform learns communication styles and working patterns to automate operational functions and help businesses scale more efficiently.

Funding Details

Company Website: https://town.com

Company: Town
Raised: $55M
Round: Series A
Funding Date: June 4, 2026
Lead Investor: Andreessen Horowitz
Additional Investors: Forerunner Ventures
Software Category: Artificial Intelligence
Source: https://www.citybiz.co/article/855538/town-raises-55m-to-advance-on-ai-assistants-that-learn-and-deliver/