Glean Technologies, Inc. is an American

technology company A technology company (or tech company) is a company that focuses primarily on the manufacturing, support, research and development of—most commonly computing, telecommunication and consumer electronics–based—technology-intensive products and ...

specializing in enterprise-grade

artificial intelligence Artificial intelligence (AI) is the capability of computer, computational systems to perform tasks typically associated with human intelligence, such as learning, reasoning, problem-solving, perception, and decision-making. It is a field of re ...

(AI) and search capabilities. According to Fortune, its valuation was $4.6 billion in 2024.

History

The company was founded in 2019 in

Palo Alto, California Palo Alto ( ; Spanish language, Spanish for ) is a charter city in northwestern Santa Clara County, California, United States, in the San Francisco Bay Area, named after a Sequoia sempervirens, coastal redwood tree known as El Palo Alto. Th ...

. In September 2021, Glean introduced its assistive search tool, designed to pull together information from dozens of disparate applications, streamlining access to critical data across various platforms, to the market.

Funding rounds

In March 2019, shortly after its establishment, Glean raised $15 million in

Series A funding A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in excha ...

co-led by

Kleiner Perkins Kleiner Perkins, formerly Kleiner Perkins Caufield & Byers (KPCB), is an American venture capital firm which specializes in investing in incubation, early stage and growth companies. Since its founding in 1972, the firm has backed entrepreneur ...

and Lightspeed, which included participation from the Slack Fund. In March 2021, the company closed a Series B funding round of $40M led by General Catalyst. In May 2022, the company secured a $100M Series C led by

Sequoia Capital Sequoia Capital Operations, LLC is an American venture capital firm headquartered in Menlo Park, California, specializing in seed stage, early stage, and growth stage investments in private companies across technology sectors. the firm had appro ...

at a $1B valuation and hit the Unicorn status. In February 2024, Glean raised over $200 million in

Series D A venture round is a type of funding round used for venture capital financing, by which startup company, startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture fundi ...

funding at a $2.2B valuation. In September 2024, Glean raised over $260 million in Series E funding, co-led by Altimeter Capital and DST Global,{{Cite web , last=Jain , first=Arvind , date=2024-09-10 , title=Glean raises over $260M series E and launches next-generation prompting to accelerate its vision of Work AI for all , url=https://www.glean.com/blog/glean-series-e-prompting-launch , access-date=2024-12-09 , website=www.glean.com , language=en taking its valuation to $4.6 billion.

References

Software companies established in 2019 American companies established in 2019 Artificial intelligence companies Technology companies Companies based in Palo Alto, California Technology companies of the United States 2019 establishments in California