"User Growth 10% Daily"! Founded Just 1 Year Ago, "Hot AI Agent" Instinct Valued at $10 Billion, with Top VCs Like Sequoia and Benchmark Chasing Deals
Instinct has completed a $1 billion Series C funding round, valuing the company at $10 billion. Founded only a year ago, the product is still in beta testing,…
Instinct has completed a $1 billion Series C funding round, valuing the company at $10 billion. Founded only a year ago, the product is still in beta testing, but annual transaction volume has already exceeded $1 billion, with daily user growth of approximately 10% month-over-month. The CEO revealed that 40% of users voluntarily share credit card details within three weeks of joining, and retention for users sharing sensitive information stands at 80%. The company rejects advertising, relying on transaction commissions as its core model, aiming to become a "distribution platform" covering all digital consumption scenarios.
Original: https://wallstreetcn.com/articles/3782700
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