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Instinct founder said more than 50% of transactions on the platform are travel-related

Instinct says over half of its agent transactions are travel bookings after a $1 billion Series C.

Noah Shinn, founder of invite-only personal agent Instinct, said more than 50% of platform transactions are travel-related and that annualized volume is approaching $1 billion. He also said usage is growing about 10% day over day. Instinct raised $1 billion in a Series C at a $10 billion valuation from Sequoia Capital, Benchmark Capital, and Coatue. The 14-person company competes with Meta's Muse and Khosla-backed Wajo.

TechCrunch · AI15:12 UTC · 8h agoAI industry 2 sources

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

AI agent startup Instinct raised a $1B Series C from Sequoia, Benchmark and Coatue at a $10B valuation, a month after its $2.5B round.

Instinct, which launched its invite-only consumer AI agent in August 2026, raised a $1 billion Series C at a $10 billion valuation from Sequoia Capital, Benchmark Capital and Coatue, just one month after a $2.5 billion round. The agent performs real-world tasks like booking travel, paying bills and canceling subscriptions using its own phone number and computer, and recently added a concierge calling feature and a trusted person network. It faces competition from Meta's Muse assistant, which tops U.S. app stores with millions of downloads. Users have raised privacy concerns about the personal information such agents require, and Instinct has updated an initially overreaching privacy policy.

TechCrunch · AIupdated 15:12 UTC · 8h agofirst Sep 28, 13:38 UTC · 1d agoAI industry 2 sources

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Instinct founder said more than 50% of transactions on the platform are travel-related

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