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# Instinct founder said more than 50% of transactions on the platform are travel-related

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

Instinct founder Noah Shinn revealed in a podcast interview that over half of transactions on the invite-only AI agent platform are travel-related, with the company approaching a billion dollars in annual transaction volume and growing 10% day-over-day. Shinn also discussed plans to reinvent restaurant reservations using agents that could monitor availability and prioritize special occasions, a comment that drew criticism from observers who noted agents could fabricate occasions to game the system. The company recently raised $1 billion in Series C funding at a $10 billion valuation from Sequoia, Benchmark, and Coatue, and competes with Meta's Muse and Khosla-backed Wajo.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/09/29/instinct-founder-said-more-than-50-of-transactions-on-the-platform-are-travel-related>

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