{
  "id": 10715973,
  "title": "Instinct founder said more than 50% of transactions on the platform are travel-related",
  "url": "https://urgent.news/2026/09/29/instinct-founder-said-more-than-50-of-transactions-on-the-platform",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-09-29T15:12:07.000Z",
  "source": {
    "name": "TechCrunch",
    "slug": "techcrunch",
    "url": "https://techcrunch.com/2026/09/29/instinct-founder-said-more-than-50-of-transactions-on-the-platform-are-travel-related/"
  },
  "original_language": "en",
  "account": "Instinct founder Noah Shinn revealed that more than half of transactions on the invite-only platform are for travel, during a recent podcast interview. Shinn discussed the platform's rapid growth, stating that it is approaching $1 billion in annual transactions. He explained that the platform unifies various hotel chains, airlines, and services, providing a better user experience compared to traditional travel agencies or websites. Shinn mentioned that the platform is growing at a rate of 10% day-by-day, with transaction volume increasing at a similar pace. He also highlighted how the agent can check restaurant sites every five seconds and notify users about available slots for reservations. Shinn expressed his vision of reinventing reservations, focusing on catering to special occasions and high-profile clients, rather than simply serving the local community. The company recently secured $1 billion in Series C funding at a $10 billion valuation from top investors, positioning Instinct against competitors such as Meta's Muse and Khosla-backed Wajo in the personal agent space.",
  "summary": "Instinct founder said that the platform is growing 10% day-by-day",
  "key_points": [
    "Over 50% of Instinct transactions are travel-related",
    "Platform aims for $1 billion in annual transactions",
    "Daily growth rate of 10% for transactions"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}