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Glean Scores $260M+ Series E Round

2024-09-10
PALO ALTO, CA, Enterprise AI leader Glean has announced an over $260 million Series E round at a $4.6 billion valuation, as the company meets growing demand for its Work AI platform.
The round was co-led by Altimeter and DST Global, with participation from new investors Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2, and existing investors Coatue, General Catalyst, ICONIQ Growth, IVP, Kleiner Perkins, Lightspeed Venture Partners, and Sequoia Capital. The company also announced a set of next-generation prompting features to help automate complex, multi-step workflows and accelerate AI adoption for everyone at work, as well as new embedded solutions for Zendesk and Salesforce Service Cloud.

Glean previously announced more than $200 million in Series D funding at a $2.2 billion valuation in February 2024. With this latest round, Glean has doubled its valuation in just over six months.

Glean is the Work AI platform that connects and understands all your enterprise data, to generate trusted answers and automate work grounded in company knowledge. Using Glean's powerful search and RAG technology to retrieve the most relevant, up-to-date information, Glean's AI assistant generates highly personalized answers based on your company's unique enterprise knowledge graph. All answers are secure, private, permissions-aware, and fully referenceable back to source documentation in your enterprise. Glean also empowers users to quickly and securely build multi-step prompts and custom generative AI apps, agents, and assistants that automate everyday workflows. With over 100 connectors, LLM options, and no need for costly professional services, data training, or manual fine-tuning, Glean delivers turnkey implementation of a complex AI ecosystem on one centralized platform.
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