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Instinct closes $1 billion Series C with 9 employees, Nicole DeTommaso reveals

Instinct closes $1 billion Series C with 9 employees, Nicole DeTommaso reveals
Instinct $1 billion raise with 9 staff

Nicole DeTommaso reports that Instinct has raised $1 billion in Series C funding, reaching a $10 billion valuation while employing fewer than 10 people.

DeTommaso examined the backgrounds of the company's 9 team members, detailing their roles, tenure at Instinct, and prior professional experience.

DeTommaso previously reported that venture capital is increasingly focused on rapid mark ups, raising concerns about misalignment with LP interests in the industry, as noted in a recent article. She has also written that venture capital success often depends on a small number of rare, high-impact investments, according to another report. These observations provide context for Instinct’s ability to attract significant funding with a lean team.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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