Glean raised $150 million in Series F funding at a $7.2 billion valuation, marking a 57% increase from eight months ago as the enterprise AI company capitalizes on growing business demand for AI agents beyond basic chatbots.
Key Points:
- Glean's valuation jumped from $4.6B to $7.2B in eight months, reflecting rapid enterprise AI adoption
- The company's AI agent platform processes 100+ million actions annually, targeting 1 billion by year-end
- Enterprise AI agents market projected to grow from $7.6B to $52.6B by 2030
The Wellington Management-led round included new investors Khosla Ventures and Bicycle Capital, plus existing backers Sequoia Capital and Kleiner Perkins. Glean will use the funding for international expansion and doubling its R&D and sales teams.
Founded by former Google engineers in 2019, Glean connects to over 100 enterprise applications, letting employees search company data and build AI agents for specific workflows. The company surpassed $100 million in annual recurring revenue and now serves customers including Booking.com, Databricks, and Deutsche Telekom.
"We're building the platform that brings AI into the fabric of everyday work," said CEO Arvind Jain. The company's Glean Agents platform, launched earlier this year, already processes more than 100 million agent actions annually.
User engagement exceeds typical enterprise software, with users averaging five daily queries and 40% accessing the platform daily—double the normal enterprise software rate.
The funding reflects broader enterprise AI momentum. The global AI agents market is projected to grow from $7.6 billion in 2025 to $52.6 billion by 2030, according to Grand View Research. Separately, 85% of enterprises plan to adopt AI agents in 2025, while enterprise AI spending is expected to reach $143 billion by 2027.
With over $550 million in cash after the round, Glean plans to open a new San Francisco office and expand internationally. The company currently employs over 850 people globally.
"Companies are now operationalizing AI at scale, and Glean is the platform making that shift a reality," the company said, positioning itself as enterprise AI moves beyond experimentation to large-scale deployment.