Instinct, a personal AI agent run by Spear Street Technology, told The Wall Street Journal it had raised $250 million in Series B funding. TechCrunch, citing that interview, reported that Index Ventures and Benchmark co-led the round, that it values the company at $2.5 billion, and that total funding is now $350 million.
Founder and chief executive Noah Shinn posted the product on X on August 26. Instinct is used by text or phone. The company's website says it connects to email, messaging, screen, audio, location, and other applications and devices, and that it is trained to operate a phone and a computer. Examples on the site include picking up dropped threads, arranging a ride to the airport, and booking a handyman.
Shinn wrote that early users had planned long road trips, bought groceries and concert tickets, and cancelled subscriptions, and that one person is planning a wedding with the product. TechCrunch identified Shinn as 23 years old. SiliconANGLE, also citing the Journal, reported that he previously worked at Sierra, the customer-service AI company led by Bret Taylor, and that Instinct opened an invite-only beta in February. The site still asks new users to join a waitlist or get an invitation while the company adds compute.
SiliconANGLE reported an earlier $100 million from investors including Conviction Partners and Greenoaks, which matches the $350 million total after the new round. Instinct has not issued its own funding release or published pricing. It has not said how many people are in the beta, which model it uses, or how it will charge.
Consumer agents that can act across mail, calendars, and payments have drawn large checks this year even before a public launch. Instinct is still behind an invite wall. Shinn's post did not list the dollar figures; those came from the Journal interview that he later amplified on X.
