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- Glean
Glean Revenue, Valuation, Funding & Investors
Glean is valued at $7.2B as of June 2025, a 72.0x multiple on its last reported $100M revenue.
Last Glean valuation
$7.2B
Series F · Jun 2025
Last Glean funding round
$150M
Series F · Jun 2025
Glean revenue
$100M
Series F · Jun 2025
Key investors in Glean
Lightspeed Venture Partners
Kleiner Perkins
Slack Fund
General Catalyst
Sequoia Capital
DST Global
About Glean
Glean is a Palo Alto-headquartered enterprise search platform powered by AI connecting internal data sources. Launched in 2019, its Workplace Search tool indexes documents from Slack, Google Drive, and Salesforce to deliver context-aware answers via large language models. Adopted by Fortune 500 firms like Databricks and Duolingo, Glean processes petabytes of corporate knowledge for knowledge worker productivity.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$100M (Jun 2025)
Valuation
$7.2B (Jun 2025)
Glean Valuation
Glean is currently valued at $7.2B, based on its Series F in June 2025.
The $150M round was led by Wellington Management.
Glean's valuation has grown 7.2x from $1B at its Series C in May 2022 to $7.2B in June 2025, across 4 priced rounds.
Glean valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jun 2025 | Series F | $7.2B | 72.0x |
| Sep 2024 | Series E | $4.6B | 23.0x |
| Feb 2024 | Series D | $2.2B | 56.4x |
| May 2022 | Series C | $1B | 4.0x |
Glean Revenue
Glean's latest recorded revenue is $100M, as of its Series F in June 2025. At a $7.2B valuation, that implies a 72.0x revenue multiple.
Revenue moved from $250M in May 2022 to $100M in June 2025, while the revenue multiple moved from 4.0x to 72.0x.
Glean revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2025 | $100M | $7.2B | 72.0x | Series F |
| Sep 2024 | $200M | $4.6B | 23.0x | Series E |
| Feb 2024 | $39M | $2.2B | 56.4x | Series D |
| May 2022 | $250M | $1B | 4.0x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Glean Funding History
Glean has raised a total of $768M across 6 funding rounds.
Glean's first fundraising round was a $15M Series A in March 2019. The most recent completed round was a $150M Series F in June 2025.
Glean funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2025 | Series F | Wellington Management (lead) | $150M | $7.2B | Glean is an enterprise AI platform that connects and understands company data to deliver trusted answers, automate workflows, and enable AI agents grounded in proprietary knowledge graphs. Launched in 2021, it offers Glean Search for permissions-aware enterprise search, advanced prompting tools, and recently released Glean Agents for tasks like code debugging, powered by third-party LLMs. The platform supports over 100 connectors for seamless integration without data training or fine-tuning. On June 10, 2025, Glean raised $150 million in a Series F funding round led by Wellington Management, with participation from new investors Khosla Ventures, Bicycle Capital, Geodesic Capital, Archerman Capital, and existing backers including Altimeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital. The round valued Glean at a post-money $7.2 billion, up from $4.6 billion in its September 2024 Series E where it raised over $260 million. At the time of the Series F announcement, Glean reported surpassing $100 million in annual recurring revenue (ARR), following the Series E milestone. The platform is adopted by Fortune 500 enterprises including Databricks, Pure Storage, Dell, Palo Alto Networks, Snowflake, and Workday. Glean:GO, its first user conference, attracted over 10,000 participants, and the company is on track to process 1 billion agent actions by end of 2025. Proceeds from the Series F will fund product innovation in AI security, enterprise search, and agentic AI; expansion of the partner ecosystem for GTM integrations; and international scaling to new markets. Glean earned recognition as a 2025 CNBC Disruptor 50 company, Fast Company’s Top 10 Most Innovative Company (only enterprise AI firm), and an Emerging Leader in Gartner’s 2025 Generative AI Innovation Guide. The funding reflects strong inbound interest and positions Glean to lead in enterprise AI, with Wellington Management citing its rapid growth and innovative approach as key factors. |
| Sep 2024 | Series E | Altimeter (lead); DST Global (lead) | $260M | $4.6B | Glean, a Palo Alto-based enterprise Work AI platform founded by former Google engineers Arvind Jain and others, raised over $260 million in Series E funding at a $4.6 billion post-money valuation. The round was co-led by Altimeter and DST Global, with participation from new investors Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2, alongside existing backers including Coatue, General Catalyst, ICONIQ Growth, IVP, Kleiner Perkins, Lightspeed Venture Partners, and Sequoia Capital. This marked a doubling of valuation from its prior $2.2 billion Series D in February 2024, bringing total funding to around $620 million. Glean's platform connects enterprise data across applications and databases to deliver generative AI-powered search, workflow automation, and personalized answers. It supports integrations with tools like Zendesk and Salesforce Service Cloud, and recently launched advanced prompting features including multi-step prompts, a prompt builder, and library to enhance AI accessibility for everyday tasks. The company plans to use proceeds to accelerate AI innovation, expand its customer base among large enterprises, and grow global reach, with over $550 million in cash on hand post-round. Glean reported more than tripling its annual recurring revenue over the past year leading into the Series E, though exact figures were not disclosed in announcements. It serves major enterprises seeking to unlock organizational knowledge through AI. Subsequent developments include a Series F round of $150 million at $7.2 billion valuation in mid-2025 led by Wellington Management, highlighting continued rapid growth in the enterprise AI sector. |
| Feb 2024 | Series D | Kleiner Perkins (lead); Lightspeed Venture Partners (lead) | $203M | $2.2B | Glean Technologies develops an AI-powered enterprise search and work assistant platform that uses advanced search, retrieval-augmented generation (RAG), and conversational interfaces to deliver personalized answers from company knowledge graphs across apps like Salesforce, Microsoft Teams, and Zendesk. Founded by former Google engineers including CEO Arvind Jain, it aims to be the go-to enterprise AI platform, helping users navigate internal data troves and automate workflows. On February 27, 2024, Glean announced a Series D funding round raising over $200 million at a $2.2 billion post-money valuation, led by Kleiner Perkins and Lightspeed Venture Partners, with participation from Sequoia Capital, Coatue, ICONIQ Growth, IVP, Capital One Ventures, Citi, Databricks Ventures, Workday Ventures, and General Catalyst. The round supports Glean's expansion of generative AI deployment and market push beyond tech into financial services, retail, and manufacturing, with plans to hire hundreds of employees. At the time, Glean reported strong traction: annual recurring revenue (ARR) reached $39 million by end of January 2024, up from $10 million a year prior, nearly quadrupling sales. Glean Assistant users averaged 14 queries per day versus Google's 3-4, saving employees 2-3 hours weekly; customers included Canva, Sony Electronics, Reddit, Instacart, and Pinterest. This Series D followed a Series C in May 2023 reaching unicorn status. Glean continued rapid growth with a Series E in September 2024 raising $260 million at $4.6 billion valuation (co-led by Altimeter and DST Global), where ARR more than tripled year-over-year, and a Series F in June 2025 raising $150 million at $7.2 billion valuation (led by Wellington), surpassing $100 million ARR. The company has raised over $610 million since early 2024, powering integrations with Dell, Palo Alto Networks, Snowflake, and Workday. |
| May 2022 | Series C | Sequoia Capital (lead); General Catalyst; Kleiner Perkins; Slack Fund; Lightspeed Venture Partners | $100M | $1B | Glean Technologies is an enterprise AI startup providing a unified search and discovery platform that connects across SaaS apps, helping knowledge workers access information, discover relevant knowledge, and connect with colleagues to boost productivity. Founded by former Google and Rubrik executives including Arvind Jain, the company emerged from stealth in September 2021 and quickly gained traction with rapid customer adoption, connecting to all company apps in under two hours compared to months for competitors. By the Series C announcement, Glean powered search for over 70 customers, with high engagement metrics like 40-60% monthly active users and 45% DAU/MAU ratios cited by Sequoia partner Sonya Huang. On May 18, 2022, Glean raised $100 million in a Series C funding round led by Sequoia Capital at a $1 billion post-money valuation, just over six months after stealth exit. The round included participation from existing investors General Catalyst, Kleiner Perkins, Lightspeed Venture Partners, and Slack Fund, bringing total funding to $155 million at that point. The capital was aimed at enhancing the platform to address SaaS sprawl, remote work challenges, knowledge loss, and employee burnout by improving personalized search and information access. Glean's product differentiates through its intuitive experience and quick deployment, enabling employees to find what they need and collaborate faster. The company positioned itself as redefining knowledge work organization, with early customers embracing the tool for its ability to surface knowledge and people connections. Investors highlighted Glean's potential to lead in enterprise search, with Sequoia emphasizing its paradigm-shifting impact. Subsequent rounds built on this foundation, including Series D led by Kleiner Perkins and Lightspeed, Series E by Altimeter doubling valuation to $4.6B, and Series F at $7.2B, reflecting sustained growth in enterprise AI amid rising demand. |
| Mar 2021 | Series B | General Catalyst (lead); Kleiner Perkins; Slack Fund; Lightspeed Venture Partners | $40M | - | Glean Technologies, founded in 2019 by former Google engineers, develops an AI-powered enterprise search and work assistant platform that connects to company applications and databases, enabling users to find knowledge, automate workflows, and build AI agents using natural language. The Series B round in March 2021 raised $40 million led by General Catalyst, with participation from existing investors including Kleiner Perkins, Lightspeed Venture Partners, and Slack Fund, bringing total funding to $77.5 million at that point. Funds were used to expand the team, accelerate product development, and support aggressive scaling and market penetration. This round followed a $15 million Series A in March 2019 co-led by Kleiner Perkins and Lightspeed with Slack Fund participation. Glean continued rapid growth post-Series B, achieving unicorn status with a $100 million Series C in May 2022 at $1 billion valuation led by Sequoia Capital. Subsequent rounds included a Series D in February 2024 raising over $200 million at $2.2 billion valuation, Series E in September 2024 raising over $260 million at $4.6 billion valuation co-led by Altimeter and DST Global with participation from General Catalyst, Kleiner Perkins, Lightspeed, and others, and Series F in June 2025 raising $150 million at $7.2 billion valuation led by Wellington Management. |
| Mar 2019 | Series A | Kleiner Perkins (lead); Lightspeed Venture Partners (lead); Slack Fund | $15M | - | Glean raised $15 million in its Series A funding round in March 2019, led by Kleiner Perkins and Lightspeed Venture Partners, to develop the initial version of its AI-based enterprise search engine software. Founded in 2019 by former Google engineers including Arvind Jain, the company provides a cloud-based AI platform that connects and understands enterprise data to deliver trusted answers and automate workflows. The platform integrates with over 100 connectors, supports multiple LLMs, and emphasizes security and permissions-aware AI assistants. Glean has since grown significantly, raising additional rounds including $40M Series B in 2021, $100M Series C in 2022 led by Sequoia, $203.2M Series D in 2024, over $260M Series E in September 2024 at $4.6B valuation, and $150M Series F in 2025 at $7.2B valuation, achieving total funding of $765.2M. The company reached $100M ARR by mid-2025 after $50M ARR in mid-2024, having generated $3M in revenue from 45 customers by 2020. Glean serves Fortune 500 enterprises with partnerships like Dell, Palo Alto Networks, Snowflake, and Workday, focusing on AI innovation and global expansion. |
Who has invested in Glean?
8 investors have backed Glean across its funding rounds, including Lightspeed Venture Partners, Kleiner Perkins, Slack Fund, General Catalyst, Sequoia Capital and DST Global.
Lead investors include Wellington Management, Altimeter, DST Global, Kleiner Perkins, Lightspeed Venture Partners and 2 other investors.
Glean Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Mar 2019 | ||
| 4 | Lead | Mar 2019 | ||
| 3 | Participant | Mar 2019 | ||
| 2 | Lead | Mar 2021 | ||
| 1 | Lead | Jun 2025 | ||
| 1 | Lead | Sep 2024 | ||
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Start Free TrialGlean Competitors
Glean competitors include listed companies like TRS Information Technology and Fractal Analytics, and private ones like Legora, Factory, Decagon and Dataiku.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $100M | - | $5.6B | 56.0x | ||
| Private | - | - | $5B | - | ||
| Private | $10M | - | $4.5B | - | ||
| Private | $150M | - | $3.7B | 24.7x | ||
| Publicly listed | $76M | ($20M) | $1.7B | 19.7x | ||
| Publicly listed | $344M | $50M | $1.3B | 3.4x |
Glean Public Comps
Glean is still privately-owned, but its public comps include UiPath, Oracle Corp Japan, SenseTime Group, CommVault Systems, Presight AI, Xunce Technology, Tenable, XtalPi, CorVel and MiniMax Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.6B | $70M | 3.7x | 3.5x | 85.8x | 13.7x | |||
| $1.8B | $589M | 3.9x | 3.9x | 12.1x | 12.2x | |||
| $748M | ($70M) | 6.9x | 5.8x | (73.5x) | 113.7x | |||
| $1.2B | $84M | 5.2x | 5.0x | 72.9x | 23.2x | |||
| $825M | $214M | 6.3x | 5.4x | 24.4x | 20.8x | |||
| $192M | ($15M) | 21.3x | 13.4x | (264.0x) | 415.8x | |||
| $999M | $31M | 4.1x | 3.9x | 129.9x | 15.3x | |||
| $120M | $22M | 24.8x | 21.5x | 134.0x | (141.6x) | |||
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Common questions about Glean
| When was Glean founded? | Glean was founded in 2019. |
| Where is Glean headquartered? | Glean is headquartered in San Francisco, CA, United States. |
| Is Glean publicly listed? | No, Glean is a private, VC-backed company. |
| What is Glean's valuation? | Glean was last valued at $7.2B in its Series F in June 2025. |
| How much funding has Glean raised? | Glean has raised $768M across 6 funding rounds. |
| What was Glean's last funding round? | Glean's last funding round was a $150M Series F in June 2025, led by Wellington Management. |
| Who are Glean's investors? | Glean's investors include Kleiner Perkins, Lightspeed Venture Partners, Slack Fund, General Catalyst, Wellington Management, Altimeter, Sequoia Capital and DST Global. |
| What is Glean's revenue? | Glean's latest recorded revenue is $100M (June 2025). |
| What is Glean's revenue multiple? | Glean's latest valuation implies a 72.0x revenue multiple ($7.2B valuation on $100M of revenue). |
| Which companies are comparable to Glean? | Companies comparable to Glean include Legora, Factory, Decagon, Dataiku, TRS Information Technology and Fractal Analytics. |
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