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Greenoaks Capital Leads $350 Million Funding Round For AI Startup Sierra Valued At $10 Billion

Sierra , the AI startup founded by former Salesforce co-CEO and current OpenAI chair Bret Taylor and former Google exec Clay Bavor , is nearing a $350 million funding round led by Greenoaks Capital that would value th…

By TradedVC Editorial1 min read
Greenoaks Capital Leads $350 Million Funding Round For AI Startup Sierra Valued At $10 Billion
Sierra, the AI startup founded by former Salesforce co-CEO and current OpenAI chair Bret Taylor and former Google exec Clay Bavor, is nearing a $350 million funding round led by Greenoaks Capital that would value the two-year-old company at $10 billion. The company, which builds custom AI agents for enterprise customer service, previously raised $175 million at a $4.5 billion valuation last October and is now on track to surpass $100 million in enterprise annual recurring revenue. INVESTOR: Greenoaks Capital AMOUNT: $350,000,000 HQ: #SanFrancisco #California #VentureCapital #Sierra #BretTaylor #ClayBavor #GreenoaksCapital #TradedVC

ABOUT THE DEAL

Raise
$350M
Round
Not stated
Company
Greenoaks Capital Leads $350 Million Funding Round For AI Startup Sierra
Desk
Deals
Filed
Sep 3, 2025
Investors
  • Greenoaks Capital
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