Glean Raises $150M in Series F Round, Hits $7.2B Valuation
Enterprise AI platform Glean has raised $150 million in Series F funding, bringing its valuation to $7.2 billion. The round was led by Wellington Management and included new investors Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital. Existing investors such as Sequoia Capital, Lightspeed, ICONIQ, DST Global, Kleiner Perkins, and Capital One Ventures also participated. The company said the new capital will support product innovation, partner ecosystem growth, and international expansion. “This funding round wasn’t driven by necessity, but by our ambition to accelerate into the next phase of growth,” CEO Arvind Jain said in a blog post. Glean reported surpassing $100 million in annual recurring revenue since its previous round in September. Its Glean Work AI platform is now used by multiple Fortune 500 firms, and its Glean Agents platform is handling over 100 million agent actions annually. The company’s first user conference, Glean:GO, attracted over 10,000 attendees in person and online. At the event, it announced new partnerships with Dell, Palo Alto Networks, Snowflake, and Workday. Glean is focused on solving the problem of fragmented enterprise knowledge spread across disconnected applications. “Enterprises have vast amounts of knowledge… but no reliable way to access it when making critical decisions,” the company said. Security remains a central pillar, the company noted. “From day one, Glean’s platform was designed so that every action is fully authenticated, respects underlying data permissions, and is governed by enterprise guardrails.” It recently launched Glean Protect, aimed at proactive security for customer data, AI, and agents. The platform integrates with over 100 SaaS applications and data sources, using a knowledge graph to provide context around people, data, and processes. Customers retain full control of their information, and Glean offers open APIs to avoid lock-in. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, said, “Glean’s innovative approach and rapid growth are truly impressive, and we believe they are well positioned to be a leader in the future of enterprise AI.” Glean has grown to more than 850 employees globally and is expanding to new regions. The company’s clients include Booking.com and TIME, and it has received recognition from Fast Company, Gartner, and CNBC.
Glean reported surpassing $100 million in annual recurring revenue since its previous round in September
Enterprise AI platform Glean has raised $150 million in Series F funding, bringing its valuation to $7.2 billion. The round was led by Wellington Management and included new investors Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital. Existing investors such as Sequoia Capital, Lightspeed, ICONIQ, DST Global, Kleiner Perkins, and Capital One Ventures also participated.
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Siddharth is a media graduate who loves to explore tech through journalism and putting forward ideas worth pondering about in the era of artificial intelligence.