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Instinct raises $1B Series C at $10B valuation from Sequoia, Benchmark, Coatue

AI agent startup Instinct announced a $1 billion Series C funding round at a $10 billion valuation on September 28, 2026. The round includes Sequoia Capital, Benchmark Capital, and Coatue. Founder Noah Shinn stated the funding will help bring the personal assistant to more users. The company, which launched its invite-only service in August 2026, operates via SMS and phone calls, using its own…

7 sources

Key points

  • Instinct raised $1B Series C at $10B valuation from Sequoia, Benchmark, Coatue
  • Agent operates via SMS/phone using its own devices to execute tasks autonomously
  • New features: Concierge calling service, Trusted Person Network, location sharing

All three sources agree on the funding amount, valuation, investors, and founder. TechCrunch and Unite.ai provide extensive detail on recent product features, including a Concierge service for high-touch phone bookings, a Trusted Person Network for agent-to-agent coordination, and location sharing. They also detail privacy practices, noting the policy identifies the operator as Spear Street Technology, Inc., and allows users to opt out of model training. TechCrunch alone reports competition from Meta's AI assistant Muse, which has reached top U.S. app store rankings, and notes Instinct lacks a mobile app and has not disclosed user numbers. Reuters provides only a brief wire summary confirming the core funding facts.

The story so far

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  1. Instinct raises $1B Series C at $10B valuation from Sequoia, Benchmark, Coatuethis story
Full story from TechCrunch AI · by Sarah PerezOpen source ↗

Viral AI agent Instinct raises $1B Series C at a $10B valuation

TechCrunch AI · 28 September 2026

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This text was published by TechCrunch AI and written by Sarah Perez. It is reproduced here with attribution so you can read it in full; the rights remain with the publisher. Read it at the source ↗

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InstinctSequoia CapitalBenchmark CapitalCoatueMetaSpear Street Technology Inc.Noah Shinn

The headline, key points and digest above were generated by Digest AI's editorial model from the linked sources. Automated summaries can contain errors: the sources are the record. Spotted a mistake? Tell us. Published by Martin K., who runs Digest AI and handles corrections.

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