According to CNBC, generative AI enterprise search startup Glean has raised $150 million in Series F funding, elevating its valuation to $7.2 billion from $4.6 billion in September 2024, as it expands its AI agent technology across enterprise workflows.
The Series F round was led by Wellington Management, with participation from new investors including Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital.123 Existing investors such as Altimeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital also contributed to this substantial funding.4
Since early 2024, the enterprise AI startup has secured an impressive $610 million in total funding, with its valuation more than tripling from $2.2 billion to $7.2 billion in under 18 months.45 This remarkable 57% increase in valuation since September 2024 highlights the explosive growth in the enterprise AI sector, where spending is projected to reach $143 billion by 2027, with 85% of enterprises planning to adopt AI agents in 2025.6
The company achieved a significant financial milestone by surpassing $100 million in Annual Recurring Revenue (ARR) for its fiscal year ending January 31, 2025, less than three years after its launch by a founding team with veterans from Google, Meta, and Dropbox.1 This rapid growth trajectory has been accompanied by substantial expansion in Glean's workforce, which now includes over 850 team members worldwide.12 The impressive financial performance has earned Glean recognition on the CNBC Disruptor 50 list for the second consecutive year, highlighting its growing influence in the enterprise AI space.1
Launched in early 2025, Glean Agents represent the company's strategic expansion beyond traditional enterprise search into agentic AI technology. These AI agents are already powering more than 100 million actions annually and are on pace to support one billion agent actions by the end of 2025.12 The core platform integrates with over 100 workplace applications including Google Workspace, Microsoft 365, Slack, and Salesforce, using natural language understanding and machine learning to create personalized knowledge graphs for each user.1
CEO Arvind Jain articulated the company's vision, stating: "We're building the platform that brings AI into the fabric of everyday work, connecting people to knowledge, automating tasks, and enabling smarter decisions across the enterprise."1 While initially focused on tech industry customers, the company has successfully expanded its reach into finance, retail, and manufacturing sectors, demonstrating the versatility and broad applicability of its AI agent technology.1
The recent funding will support Glean's growing ecosystem of strategic partnerships, showcased at their first-ever user conference, Glean:GO, which attracted over 10,000 participants both in-person and online.1 During this event, the company announced key collaborations with industry giants including Dell, Palo Alto Networks, Snowflake, and Workday.1 These partnerships strengthen Glean's position in the enterprise AI market, where it now serves major customers such as Booking.com, Databricks, Deutsche Telekom, TIME, Zillow, and Miro.