Town Acquired by Andreessen Horowitz | Technology M&A Deal

Andreessen Horowitz has acquired Town, a SaaS business in California, for $55 million. Town builds a personalized AI assistant that learns how users work across email, calendar, Slack, and documents to reduce inbox triage and follow-up work. The platform connects everyday productivity tools so knowledge workers can get chief-of-staff style help without complex prompting or agent setup. The technology M&A is structured as a platform acquisition and is backed by private equity acquisition involvement, with Andreessen Horowitz leading the Series A and Forerunner participating alongside First Round Capital, Alt Capital, and Conviction.