AI-Powered Work Assistant Glean Doubles Valuation To $4.6B In Less Than Seven Months

Chris Metinko

That didn鈥檛 take long.

Less than seven months after raising a more than $200 million Series D at a $2.2 billion valuation, AI-enhanced work assistant and enterprise search startup raised more than $260 million in a Series E funding at a $4.6 billion valuation co-led by and .

The Palo Alto, California-based startup hit unicorn status in May 2023 after raising a $100 million Series C led by .

Founded by former engineers, Glean鈥檚 generative AI search tool connects with enterprise companies鈥� applications and databases, and its AI assistant and platform lets users build their own AI apps.

Along with the new round, Glean also announced new features to help automate multistep workflows and native integrations for and Service Cloud 1.

New investors in the round include , and 2. Existing investors , , , , , and Sequoia Capital also participated.

Continued growth

In the announcing its funding, Glean says it has more than tripled its annual recurring revenue in the past year.

鈥淲e鈥檙e honored to help some of the world鈥檚 largest companies adopt AI to transform their businesses,鈥� said , co-founder and CEO of Glean. 鈥淭o truly unlock new levels of creativity, productivity, and operational efficiency, AI needs to draw on the full picture of an organization鈥檚 knowledge 鈥� and it needs to be accessible by everyone.鈥�

Founded in 2019, Glean has raised $620 million, per the company.