Ben Schwerin says he is joining Instinct full time as chief business officer

Ben Schwerin said in a post on X that he is joining Instinct full time as chief business officer.

In the same post, Schwerin said Coatue is co-leading Instinct’s latest round. He wrote that, through that process, he got to know Noah Shinn and the team and became convinced they were "building something special." He added, "The more time I spent with them, the more I wanted to be part of it."

Based on the supplied evidence, that public post is the source for both the job move and the funding claim. The materials provided do not include a separate announcement from Instinct or additional details about the round, such as its size, timing or other investors.