U.S. AI Startup Glean Raises $150M at $7.2B Valuation

Enterprise AI startup Glean has raised $150 million in a Series F funding round led by Wellington Management, achieving a $7.2 billion valuation that marks a 57% increase from its previous raise less than a year ago. Founded in 2019 by former Google engineers, Glean develops AI-powered search and agent software that allows enterprises to find knowledge faster and automate workflows, with customers including Booking.com, Grammarly, and Deutsche Telekom. The company surpassed $100 million in annual recurring revenue and processes over 100 million agent actions annually through its Glean Agents platform, which is designed to integrate AI into everyday work. Glean plans to use the new capital to accelerate product innovation, expand internationally, open a new San Francisco office, and grow its research, development, and sales teams. This funding round reflects the broader surge in enterprise AI adoption, with the AI agents market projected to grow significantly in the coming years and a notable portion of venture funding now directed toward AI startups. Industry leaders recognize AI agents as transformative for enterprise software, highlighting Glean's role in operationalizing AI at scale across diverse industries.