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# Listen Labs walks from $1.5B term sheet amid Salesforce buyout talks
- URL: https://www.medianexis.com/listen-labs-walks-from-1-5b-term-sheet-amid-salesforce-buyout-talks/
- Published: 2026-09-11T00:18:36.000Z
- Updated: 2026-09-11T00:18:36.000Z
- Description: Listen Labs signed a $125 million Series C term sheet at a $1.5 billion valuation led by Menlo Ventures, but never closed it.
- Author: Fabric.Media Editorial
- Tags: Ad-tech, AI, Marina Temkin, Listen Labs scraps Menlo funding round for Salesforce talks

**Why it matters.** If Salesforce talks collapse, VCs expect Listen Labs to return to market seeking a valuation of $2 billion or higher, using the competing bid as leverage against fresh investors.

*Signal from* [*TechCrunch (AI)*](https://techcrunch.com/category/artificial-intelligence/?ref=medianexis.com) *·* [*Marina Temkin*](https://www.medianexis.com/tag/by-marina-temkin/) *·* [*read the original*](https://techcrunch.com/2026/09/09/ai-research-startup-listen-labs-scrubbed-a-1-5b-funding-round-for-salesforce-talks/?ref=medianexis.com)*.*