Big round · 19 October 2026

Town raises $108M Series B led by Menlo Ventures

By Millionrounds ResearchPublished 20 October 2026Updated 25 October 2026

Town, based in United States, has raised $108M in a Series B led by Menlo Ventures and Forerunner Ventures, announced on 19 October 2026. 14 other investors joined. It is the 454th largest equity round we recorded in the twelve months to that date, and the 93rd largest Series B of 411. The median Series B over the same period was $50M, so this one is 2.2 times that. Its previous round on record was a Series A of $60M in June 2026, 5 months earlier.

Raised$108M6 sources reported it
StageSeries B2 earlier rounds on record
Investors162 named as lead
Where USUnited States

AI

How big is it?

Against every equity round we recorded in the twelve months to 19 October 2026. Ranks count companies, so the same raise reported twice is counted once.

#454equity round of the last twelve months
#93Series B of 411 in that time
#287round in United States, of 1,215
This round$108M
Median Series B$50M

2.2 times the median Series B of the last twelve months.

Who invested

Also in the round

Funding history

  1. October 2026Series B$108M
  2. June 2026Series A$60M
  3. March 2025Seed$18M

$186M raised across the 3 rounds we hold.

Reported by

  1. Menlo Ventures19 October
  2. TechCrunch19 October
  3. Silicon Angle20 October
  4. Tech Funding News20 October
  5. The SaaS News20 October
  6. merca2.es25 October

The round's figures come from these reports; each link opens the original.

Other big rounds that week

Kalshi$1.0B Series GPPathos AI$237M Series EWWarhound$200M SeedWWarp Sciences$215M Series AXona$250M Series DTractian$130M Series D
The companyTown on Millionrounds→Weekly roundupWeek of 19 October→Monthly roundupOctober 2026→