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Oct '264 min read

Town raises $108M: what the AI work assistant does with your team's email

Town announced a $108M Series B on October 19, co-led by Forerunner and Menlo. What Town does with your team's email and calendar, what it costs, and the alternatives.

The story3 sources
Product
Town
What happened
Raised a $108M Series B, co-led by Forerunner Ventures and Menlo Ventures
When
October 19, 2026
Who can use it
Free plan; paid plans from $15 a month; team plans per seat
Works in
Email, Slack, WhatsApp and Telegram, across the apps you connect

If your team runs client work across a handful of inboxes, the question about any team assistant is whether it keeps track of who owes whom a reply. Here is what Town announced, what a Townie does with email and calendar, and what it costs, from Town’s own pages and TechCrunch.

What happened

On October 19, 2026, Town announced a $108 million Series B, co-led by Forerunner Ventures and Menlo Ventures, with continued participation from a16z and First Round Capital, and other investors including Serena Ventures.

TechCrunch reported that the round gave Town a unicorn valuation four months after its public launch, and that the company has raised at least $160 million to date, after a $55 million Series A in June. Town was founded by Jean-Denis Greze, formerly CTO of Plaid.

What Town does with email and calendar

Town gives each person an assistant it calls a Townie. In Town’s words, your work “is spread across inboxes, calendars, chats, and apps,” and your Townie “works in all of them, learning your people, projects, and voice.” Its homepage shows one example from Gmail: “A client asked to push Friday’s kickoff. I’ve drafted a reply offering two open times from your calendar.”

The Series B is about Townies working with each other. Town’s announcement lists four things a team gets:

  • Draft in anyone’s voice: your Townie works with an executive’s Townie to draft a message in their style.
  • Find a warm connection: it checks across the team for who knows the person you’re trying to reach.
  • Pressure-test before a meeting: it runs your draft past teammates’ Townies first.
  • Update once, apply everywhere: when a teammate improves a process, every Townie on the team adopts it. TechCrunch describes this as a shared workflow that updates every employee’s Townie.

Town says none of the context you connect is used to train a model by default, and that it is SOC 2 Type 2 compliant.

What it costs

From Town’s pricing page on October 28, 2026:

  • Free: 30 chats a month with the assistant.
  • Starter: $15 a month, 1,250 credits.
  • Pro, Power and Power Plus: $49, $99 and $199 a user a month billed annually, with 5,000 to 40,000 credits.
  • Team and Team Plus: $59 and $149 a seat a month billed annually, with 6,000 or 18,000 credits a seat, pooled.

Past your monthly credits, Pro and up bill $0.030 to $0.044 a credit, once you raise an overage cap that starts at $0. The full breakdown is in Town pricing.

If you run client work over email

Town is a work assistant for everyone on a team, priced in credits. If the problem is client email slipping, alfred_ is built for that job.

alfred_ is an AI assistant for client-facing teams, and each person on the team gets their own. It reads your email across up to six Gmail, Outlook and IMAP accounts, flags the emails that need your answer, and keeps one list of the replies you owe and the replies you’re waiting on. It sends a morning brief by email or text, and you can ask it for things on the web, on iPhone, or by text. Nothing is sent until you approve it. Plans start at $29.99 a month, and teams are $49.99 a seat on one bill. The two side by side are in alfred_ vs Town.

Sources

Keep client work from slipping through the cracks

alfred_ is an AI assistant for client-facing teams. Each teammate gets help with email, calendar, replies and follow-ups.

See what’s slipping+ more

Frequently asked questions

How much did Town raise?

Town announced a $108 million Series B on October 19, 2026, co-led by Forerunner Ventures and Menlo Ventures, with a16z and First Round Capital continuing. TechCrunch reported the round gave Town a unicorn valuation and that it has raised at least $160 million to date, including a $55 million Series A in June.

What is a Townie?

A Townie is the AI assistant Town gives each person. Town says it works across your inboxes, calendars, chats and apps, learning your people, projects and voice. With the Series B, Town is adding Townies that work with each other across a team.

How much does Town cost?

Town has a free plan with 30 chats a month. Starter is $15 a month. Pro, Power and Power Plus are $49, $99 and $199 a user a month billed annually. Team plans are $59 or $149 a seat a month billed annually. Paid plans include a monthly credit allowance. Prices from Town's pricing page on October 28, 2026.

What should I use for client email instead of Town?

alfred_ is built for client email that slips. It flags the emails that need your answer, keeps one list of the replies you owe and the replies you're waiting on, and sends a morning brief by email or text, across Gmail and Outlook. Nothing is sent until you approve it. Plans start at $29.99 a month, and teams are $49.99 a seat on one bill.

About the authors

Written byConnor FataFounder & CEO of alfred_

Connor is the founder and CEO of alfred_, focused on making personal assistants accessible to business operators and individuals so they can focus on what matters and what’s important.