AI agent Instinct seeks $1B at $10B valuation in talks with Sequoia, Benchmark
# AI agent Instinct seeks $1B at $10B valuation in talks with Sequoia, Benchmark [Instinct](https://instinct.com/)’s valuation has jumped fourfold in three weeks, and if the numbers being discussed now hold up, the invite-only personal AI assistant will have gone from a $50 million seed to a $10 billion valuation in under five months. Instinct, the company behind it, hit a $2.5 billion Series B valuation in late August. It’s now reportedly in talks for four times that. Nothing is signed yet: the round hasn’t closed, and the number could still move. The company’s [previous $250 million Series B](https://techfundingnews.com/noah-shinns-instinct-goes-from-100m-to-2-5b-in-weeks-23-year-olds-ai-assistant-just-raised-250m-series-b/) was co-led by Index Ventures and Benchmark, taking total funding to $350 million. ## The pattern of rapid ascent Cognition, the company behind AI coding agent Devin, [raised $2 billion at a $48 billion valuation in September](https://techfundingnews.com/devin-maker-cognition-raises-over-2b-at-48b-valuation-nearly-doubling-its-price-tag-in-four-months/), just four months after its [previous $26 billion valuation](https://techfundingnews.com/cognition-ai-eyes-40b-valuation-less-than-three-months-after-26b-mark/). Its annualised run-rate revenue grew from $492 million to nearly $900 million over the same stretch. [Clay raised $115 million at a $7.1 billion valuation](https://techfundingnews.com/clay-hits-7-1b-valuation-with-115m-raise-as-it-sees-ai-agents-running-future-of-sales/), up from $3.1 billion a year earlier. That’s the pattern, three companies deep now. ## The valuation versus economics question - [AI](https://techfundingnews.com/tag/ai/) - [funding](https://techfundingnews.com/tag/funding/) - [news](https://techfundingnews.com/tag/news/) - [top funding rounds](https://techfundingnews.com/tag/top-funding-rounds/) ##### Related Posts - [AI News](https://techfundingnews.com/category/ai/) - [Startups News](https://techfundingnews.com