Instinct completes a $1 billion Series C funding round at a $10 billion valuation

AI assistant startup Instinct has completed a $1 billion Series C funding round, with investors including Sequoia Capital, Benchmark Capital and Coatue, valuing the company at $10 billion. TechCrunch AI reported on September 28, 2026 that this comes just one month after its previous funding round at a $2.5 billion valuation, and that the company's invite-only service only launched in August 2026. The report said that Instinct completes tasks for users through its own phone numbers and computers, and recently launched a concierge feature that can make calls on users' behalf, as well as a trusted person network that lets different users' agents coordinate plans with each other; it has not yet launched a mobile app, nor disclosed user data, and faces competition from Meta's AI assistant Muse. Huxiu reported on October 3 that founder Noah Shinn is 23 years old, dropped out of undergraduate studies, published the Agent paper Reflexion as first author at NeurIPS, and later joined Sierra as a research scientist; the report also said the company has only 14 full-time employees, users spend an average of more than $1,300 per month through Instinct, but its excessive requests for permissions have sparked privacy controversy.

AI-generated from public reports

1. Report date Sep 28· 2 reports

   English translation is being prepared.

   Source:TechCrunch AI