Town2026-10-19 18:06:53AI assistant startup Town raises $108 million in Series B at unicorn valuationAI assistant startup Town has raised $108 million in a Series B round, reaching a unicorn valuation, according to the information cited by Techub from TechCrunch. The round was co-led by Forerunner Ventures and Menlo Ventures, with participation from Andreessen Horowitz, Serena Ventures, and First Round Capital. Town was founded two years ago by former Plaid CTO Jean-Denis Greze. The company publicly launched only four months ago and, within a matter of weeks, reached millions of dollars in annual recurring revenue. Its core product, Townie, is an AI assistant built for enterprise employees and can connect with tools such as email and calendars to help complete tasks. Alongside the financing announcement, Town also introduced a shared workflow feature designed to automatically update employees’ Townie information. The company’s latest funding and product rollout mark its newest disclosed milestones.130
TownSquare2026-07-15 14:46:10TownSquare opens public sale for TOWN token, targeting about $1 millionTownSquare, a cross-chain institutional yield infrastructure project, has announced a public sale for its TOWN token with a fundraising target of about $1 million. The sale will allocate roughly 0.66% of TOWN’s total supply and offers two pricing options: $0.015 per token with a six-month lockup, or $0.020 per token with immediate unlock at the token generation event. Individual commitments range from $100 to $100,000, and participants must complete KYC or KYB verification. If demand exceeds the allocation, tokens will be distributed on a pro-rata basis. The token will be issued on both Monad and Base. Registration opened on July 14, the commitment window will run from July 20 to July 26, and settlement starts on July 27. The sale will take place on Monad through on-chain token sale platform Sonar, with support from Echo. TownSquare previously raised a total of $16.25 million from investors including the World Liberty Financial ecosystem fund, OKX Ventures, Amber Group, Auros, and Animoca Ventures.2450
TownSquare2026-07-14 14:33:26TownSquare opens Sonar public sale registration for Monad-based ICO starting July 20TownSquare, an infrastructure project focused on institutional yield and cross-chain borrowing brokerage, has opened registration for its ICO. According to the project, the sale is the first Sonar ICO built on the Monad chain and is technically supported by Echo Sonar, a platform within the Coinbase ecosystem. The offering includes two valuation tracks: a $150 million valuation tied to a six-month lock-up and a $200 million valuation for a fully unlocked allocation at TGE. The raise is capped at $1 million and will release about 0.666% of the total TOWN token supply. The sale supports USDC and USDT0 on Monad. TownSquare said it previously completed three funding rounds totaling $16.25 million. Participants included World Liberty Financial, Auros Ventures, Amber Group, Animoca Ventures, OKX Ventures, and angel investors and institutions from the Monad and a16z ecosystems. The project also said it has integrated yield routes across Monad, Base, and BNBChain, while TOWN is designed to support a new cross-chain token operating model to incentivize yield strategies across different networks. Formal public sale access is scheduled to begin at 9 PM Hong Kong time on July 20.2540
