# Instinct announces $1 billion Series C at a $10 billion valuation

- Published: 2026-09-28T13:38:48.000Z
- Updated: 2026-09-28T14:24:47.783Z
- Section: Market
- Topics: Business, Agents
- Page: https://aidailyjournal.com/en/n/2026/09/28/instinct-announces-1-billion-series-c-at-a-10-billion-valuation/
- Sources: [TechCrunch](https://techcrunch.com/2026/09/28/viral-ai-agent-instinct-raises-1b-series-c-at-a-10b-valuation)

## Summary

Instinct announced a $1 billion Series C with participation from Sequoia Capital, Benchmark Capital and Coatue. The company says the funding raised its valuation to $10 billion, about a month after a round that had valued the startup at $2.5 billion. The Information had reported on the fundraising earlier, TechCrunch said.

Launched in August 2026 as an invite-only service, Instinct offers an agent that can make purchases, pay bills, cancel subscriptions, book travel and restaurants, and conduct research. The startup has also added a feature for making phone calls and a trusted-person network, but faces questions about the amount of personal data it requires and competition from Meta’s Muse. Instinct communicates through SMS, does not yet have a mobile app, and has not disclosed user numbers or growth metrics.

## Why it matters (editorial interpretation)

The round rapidly raises Instinct’s valuation, but the company has not disclosed user numbers or growth metrics. Assessing the business will also depend on how its personal-data requirements and competition from Meta’s Muse affect adoption of the agent.

_Summary written by AI Daily Journal in its own words, based on the sources above. For details, read the original articles._