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 itself had doubled from its February 2024 raise.
Since early 2024, Glean has raised $610 million in total and grown its valuation from $2.2 billion to $7.2 billion. The company also reported surpassing $100 million in Annual Recurring Revenue (ARR) in the last fiscal year, just three years after its launch.
Glean’s AI solutions enable enterprise employees to seamlessly search corporate documents using LLM-powered natural language. These tools integrate with commonly used platforms like Salesforce, Microsoft Teams, and Zendesk, enhancing productivity and information retrieval.
Beyond intelligent search, Glean also offers AI agents that support automated workflows and enterprise productivity. The Series F round drew participation from a host of well-known investors including Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital. 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 joined the round.
For more information, see the official announcement on Glean.