# Town raises $108M Series B led by Menlo Ventures

> Town, based in United States, has raised $108M in a Series B led by Menlo Ventures and Forerunner Ventures, announced on 19 October 2026.

Source: https://millionrounds.com/news/rounds/town-series-b-2026-10 (Millionrounds; every figure on the page links to its filing or article)

Raised **$108M** 6 sources reported it

Stage **Series B** 2 earlier rounds on record

Investors **16** 2 named as lead

Where **US** United 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.

**#454** equity round of the last twelve months

**#93** Series B of 411 in that time

**#287** round 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

- [**Menlo Ventures** 90 rounds in the last twelve months *Led*](https://millionrounds.com/fund/menlo-ventures)
- [**Forerunner Ventures** 29 rounds in the last twelve months *Led*](https://millionrounds.com/fund/forerunner-ventures)

Also in the round

- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz)
- [First Round Capital](https://millionrounds.com/fund/first-round-capital)
- [Scribble Ventures](https://millionrounds.com/fund/scribble-ventures)
- [Better Tomorrow Ventures](https://millionrounds.com/fund/better-tomorrow-ventures)
- [Scott Belsky](https://millionrounds.com/fund/scott-belsky)
- [Brendan Foody](https://millionrounds.com/fund/brendan-foody)
- [Varun Anand](https://millionrounds.com/fund/varun-anand)
- [Romain Huet](https://millionrounds.com/fund/romain-huet)
- [Sparked Ventures](https://millionrounds.com/fund/sparked-ventures)
- [Serena Ventures](https://millionrounds.com/fund/serena-ventures)
- [precedent.vc](https://millionrounds.com/fund/precedent-vc)
- [Josh Silverman](https://millionrounds.com/fund/josh-silverman)
- [Steve Bartel](https://millionrounds.com/fund/steve-bartel)
- [Taro Fukuyama](https://millionrounds.com/fund/taro-fukuyama)

## Funding history

- October 2026 Series B **$108M**
- June 2026 Series A **$60M**
- March 2025 Seed **$18M**

$186M raised across the 3 rounds we hold.

## Reported by

- Menlo Ventures 19 October
- TechCrunch 19 October
- Silicon Angle 20 October
- Tech Funding News 20 October
- The SaaS News 20 October
- merca2.es 25 October

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

## Other big rounds that week

[**Kalshi** $1.0B Series G](https://millionrounds.com/news/rounds/kalshi-series-g-2026-10)[P **Pathos AI** $237M Series E](https://millionrounds.com/news/rounds/pathos-ai-series-e-2026-10)[W **Warhound** $200M Seed](https://millionrounds.com/news/rounds/warhound-seed-round-2026-10)[W **Warp Sciences** $215M Series A](https://millionrounds.com/news/rounds/warp-sciences-series-a-2026-10)[**Xona** $250M Series D](https://millionrounds.com/news/rounds/xona-series-d-2026-10)[**Tractian** $130M Series D](https://millionrounds.com/news/rounds/tractian-series-d-2026-10)

[The company **Town on Millionrounds** *→*](https://millionrounds.com/company/town)[Weekly roundup **Week of 19 October** *→*](https://millionrounds.com/news/weekly/2026-10-19)[Monthly roundup **October 2026** *→*](https://millionrounds.com/news/monthly/2026-10)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)