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Instinct Announces $1B in Series C Funding from Sequoia, Benchmark and Coatue at $10B Valuation

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Insider Brief

  • Instinct, which is building a personal AI agent for everyday life, has raised an additional $1 billion from Sequoia Capital, Benchmark Capital and Coatue, with founder Noah Shinn saying the funding will help bring the product to more people and advance the future of personal AI.
  • Still in early access, the agent handles everyday tasks from start to finish, such as planning road trips, ordering groceries or cancelling forgotten subscriptions, with users simply texting or calling while Instinct uses its own phone and computer to get them done.
  • Recent updates include a Concierge service for high-touch tasks like phone bookings, a Trusted Person Network that lets Instinct agents coordinate plans and share files with each other, location-based suggestions via iMessage, and privacy features alongside a new system that catches hallucinations before responses are generated or executed.

PRESS RELEASE — Instinct, the company building a personal agent for everyday life, announced that it has raised an additional $1 billion in its latest round from Sequoia Capital, Benchmark Capital, and Coatue to bring useful AI to everyone.

“We’re building Instinct to be the best personal agent that can handle the deeply personal nuances of everyday life,” said Noah Shinn, Founder of Instinct. “This funding helps us bring Instinct to more people and continue building the future of personal AI. It’s an exciting, creative time, and we’re just getting started.”

Still in early access, Instinct has become known for its ability to understand and handle the complexities of everyday life. Whether it’s planning a cross-country road trip, ordering the weekly groceries or cancelling subscriptions left forgotten, Instinct handles the whole task from start to finish. Just text or call, and Instinct uses its own phone and computer to get it done.

In the last several months, Instinct has released several new product updates to make people’s lives easier, including:

  • Instinct Concierge: A white-glove service meant to handle high-touch cases, such as making phone calls, high-end service booking, and more. This includes booking the restaurant that doesn’t take online reservations, getting on the dentist’s cancellation list, or sorting out that cable bill.
  • Trusted Person Network: Powered by the Instinct-to-Instinct communication protocol, a user’s Instinct assistant can now talk to other Instincts to coordinate plans on their behalf. Instincts can now work with each other to help handle that coordination as well as support direct file sharing, including PDFs, images and spreadsheets.
  • Location Sharing: Shared on iMessage, Instinct can recognize when users arrive somewhere, make suggestions based on personal preferences, or answer questions.
  • Privacy Advancements: Isolated sandboxes, short-lived local credentials, and identity-signed tool execution have been built into the product from day one and are continually being improved. Instinct’s new active detective system also catches subtle, nuanced hallucinations as the agent forms its responses — cutting them out before Instinct generates or executes a response.

To stay up to date for expanded access, please visit: app.instinct.co/login.

About Instinct

Based in San Francisco, Instinct is building a personal agent for everyday life. Founded by Noah Shinn, Instinct aims to make people’s lives easier by understanding and handling the deeply personal nuances of everyday life.

Contacts

Press Contact: [email protected]

SOURCE

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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