Enterprise AI firm Glean introduced on Tuesday that it has raised a $150 million Series F led by Wellington Management at a $7.2 billion valuation. This comes lower than a 12 months after its $260 million Series E, introduced in September, at a $4.6 billion valuation, which was double the valuation from its February 2024 increase.
Since early 2024, Glean has raised $610 million and grown its valuation from $2.2 billion to $7.2 billion. Glean says it surpassed $100 million in ARR in its final fiscal 12 months, simply three years after it launched.
Glean affords instruments that permit enterprise staff to look company paperwork through LLM-powered pure language, tapping into apps like Salesforce, Microsoft Teams, and Zendesk.
It additionally affords AI brokers merchandise. Others within the Series F embody Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital, in addition to current traders Altimeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital.
