Enterprise AI startup Glean lands a $7.2B valuation

Enterprise AI company Glean announced on Tuesday that it has raised a $150 million Series F led by Wellington Management at a $7.2 billion valuation. This comes less than a year after its $260 million Series E, announced in September, at a $4.6 billion valuation, which was double the valuation from its February 2024 raise.

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 last fiscal year, just three years after it launched.

Glean offers tools that allow enterprise employees to search corporate documents via LLM-powered natural language, tapping into apps like Salesforce, Microsoft Teams, and Zendesk.

It also offers AI agents products. Others in the Series F include Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital, as well as existing investors Altimeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital.