AI agent company Instinct has closed a $1 billion Series C funding round, pushing its valuation to $10 billion, with participation from investors including Sequoia Capital.
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Beating AI Express News: AI assistant startup Instinct has closed a $1 billion Series C funding round, reaching a $10 billion valuation, with participation from firms including Sequoia Capital, Benchmark Capital, and Coatue. A month ago, Instinct had just secured a $350 million funding round at a $2.5 billion valuation. Instinct launched its invitation-only service in August 2026, focusing on AI agents that perform real-world tasks for users, such as booking travel and restaurants, shopping, paying bills, canceling subscriptions, conducting research, and ordering groceries. The company recently rolled out the "Concierge" feature, which makes calls on users' behalf, and the "Trusted Person Network" that enables AI agents of different users to coordinate with each other. Reports note that Instinct's rapid fundraising reflects growing market interest in consumer-facing AI agents. However, the company's previous privacy policy sparked user concerns over personal data security, and it has since been updated. Meanwhile, Meta's AI assistant Muse has seen rapid growth recently and is competing with Instinct.
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