Town Raises $55M Series A From a16z and Forerunner to Build the AI Assistant That Learns How You Work
Summary
Town raised $55 million in Series A funding led by Andreessen Horowitz, with participation from Forerunner Ventures and existing investors. The company builds a personalized AI assistant that learns how people work across inbox, calendar, Slack, docs, and other tools. Town says it will use the capital to improve product capabilities, expand access from individuals to teams, and deepen trust with stronger controls and auditability. The business positions personalized AI assistance as a new software category rather than a feature inside existing productivity tools.
Funding
Amount
$55.0M
Total raised
Date
June 3, 2026
Announcement date
Investors
First Round Capital, Andreessen Horowitz
Lead investors
Company
town.com
Funded company
Classifications
industries
HealthTech
applications
Accounting and Taxes
AskAI Classifications
Labels
SaaS
AI Productivity Software
Workflow Automation
Linked Companies
Town
$1M to $5M