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Glean raised more than $200M in Series D funding led by Kleiner Perkins and Lightspeed Venture Partners to develop a generative AI-powered work assistant platform.

Mar 07, 2024over 1 year ago

Amount Raised

$200 Million

Round Type

series d

Palo AltoSoftware

Investors

General CatalystWorkday VenturesDatabricks VenturesCitiCapital One VenturesAdams StreetLatitude CapitalIvpIconiq GrowthCoatueSequoia CapitalLightspeed Venture PartnersKleiner Perkins

Description

Glean, based in Palo Alto, California, announced that it has raised more than $200 million in Series D funding. The round was led by existing investors Kleiner Perkins and Lightspeed Venture Partners with participation from various other investors.

Company Information

Company

Glean

Location

Palo Alto, California, United States

About

Glean is the Work AI platform that helps everyone work smarter with AI. Glean Assistant gives every employee a powerful enterprise AI assistant that connects to and understands company data and internet data, and Glean Agents empowers everyone to create, use, and manage AI agents using natural language. Powered by Glean’s search and agentic reasoning engine, Glean’s agents automate work across the organization at scale, while ensuring permissions enforcement, full referenceability, governance, and security. With over 100 connectors, LLM choice, APIs for customization, and no need for costly professional services, Glean delivers scalable, turnkey implementation of a complex AI ecosystem on one centralized platform.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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