Enterprise artificial intelligence startup Glean announced on Tuesday it secured a $150 million Series F round, led by Wellington Management, elevating its valuation to an impressive $7.2 billion. This investment arrives less than one year after the company’s previous funding—a $260 million Series E raised in September—which had placed Glean’s valuation at $4.6 billion. The latest financing round underscores Glean’s rapid ascent, marking a more than threefold increase in its valuation since early 2024, when it stood at $2.2 billion.
In total, Glean has accumulated $610 million in funding over the past 18 months. The startup also revealed it surpassed $100 million in annual recurring revenue (ARR) during its latest fiscal year—a significant milestone achieved just three years after its initial launch.
Glean develops advanced tools that enable enterprise employees to easily search internal company documents using natural language queries powered by large language models (LLMs). The platform seamlessly integrates with major corporate applications such as Salesforce, Microsoft Teams, and Zendesk.
In addition to its core search capabilities, Glean provides AI-driven agent products designed to enhance employee productivity and organizational efficiency. New investors joining the Series F round include Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital, alongside previous 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.
