Sierra Raises $950 Million In Series E Round Led By Tiger Global And Google’s GV

Sierra, the AI startup cofounded by OpenAI chair Bret Taylor and Clay Bavor, raised $950 million in a Series E round led by Tiger Global and Google’s GV, with participation from Benchmark, Sequoia, Greenoaks and others, pushing its post-money valuation to $15.8 billion from $10 billion last fall. The company, which builds AI customer service agents for enterprise clients, says the new capital will help it scale amid intensifying competition in the fast-growing AI agents market and deepen its lead as demand from large enterprises accelerates. FOUNDERS: Bret Taylor & Clay Bavor INVESTORS: Tiger Global, Google’s GV, Benchmark, Sequoia & Greenoaks ROUND: Series E AMOUNT: $950,000,000 HQ: San Francisco, California #VentureCapital #Sierra #BretTaylor #ClayBavor #TradedVC