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Instinct raises $1 billion Series C at $10 billion valuation

Instinct announced a $1 billion Series C at a reported $10 billion valuation, a major late-stage financing for an AI-agent company.

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Instinct announces a $1 billion Series C round
Instinct’s Series C funding announcement · Credit: Instinct via Business Wire View source

Instinct announced a $1 billion Series C on September 28 at a reported $10 billion valuation. Its issuer-distributed release says the funding will support the AI-agent business.

Large late-stage round

Reuters independently reported the round and described Instinct as an AI-agent company. This is one of the largest financings among the candidate set for the catch-up window.

The sources do not establish audited revenue, customer retention or investor returns. The valuation is a round term, not an independently determined enterprise value.

Sources