Glean Raises $150 Million In Series F Round At $7.2 Billion Valuation

Glean, an enterprise AI startup, has completed a $150 million Series F funding round led by Wellington Management at a valuation of $7.2 billion. This funding round significantly increases the company’s valuation from $4.6 billion in September 2024 and $2.2 billion in February 2024, contributing to a total of $610 million raised this year.

Summary of transaction details:

• Deal Type: Series F
• Transaction Amount: $150,000,000
• Valuation: $7,200,000,000
• Investors: Wellington Management, Khosla Ventures, Bicycle Capital, Geodesic Capital, Archerman Capital, Alitmeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures, Sequoia Capital

Founded by Arvind Jain, Glean assists enterprise employees in searching corporate documents with LLM-powered natural language tools. The company has surpassed $100 million in annual recurring revenue (ARR) within three years of its launch and offers AI agents that integrate with platforms such as Salesforce, Microsoft Teams, and Zendesk.