Town’s AI assistants learn your life—Andreessen Horowitz and Forerunner just backed the vision with $55 million
Town, a startup founded by Jean-Denis Grézé and Tony Vincent, has raised $55 million in Series A funding to develop personalized AI assistants. The company aims to tap into the growing global AI assistant market, which is projected to reach $74 billion by 2033. Town's unique approach involves integrating deeply with users' email and calendar to provide tailored assistance and automate tasks.
- ▪Town raised $55 million in Series A funding led by Andreessen Horowitz.
- ▪The startup targets the global AI assistant market, valued at $16 billion in 2024.
- ▪Town aims to enhance productivity by learning user preferences and automating tasks.
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Jean-Denis Grézé’s AI assistant is a silver fox who wears a little satchel, and her name is Ivy. Recommended Video Ivy is Grézé’s Townie—the personalized AI assistant at the center of his startup, Town. His choice of mascot, an homage to his prematurely grey hair, says something about the product’s philosophy: this isn’t a chatbot. It’s yours. (Mine is a rotund, furry creature named Algernon.) Town raised a $55 million Series A, led by Andreessen Horowitz, Fortune learned exclusively. Forerunner Ventures, First Round, Alt Capital, and Conviction also participated. The company was founded in late 2024 by Grézé—former CTO of Plaid—and Tony Vincent, former director of applied AI at Google.
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