Glean AI

Hill Chart Shape

Glean AI Valuation and Overview

Glean AI
Sectors
Data, AI, Search, SaaS
Headquarters
Palo Alto, CA, USA
CEO
Arvind Jain
Glean AI raised $260.0M in a Series E at a $33.2165 price per share, amounting to a post-money valuation of $4.6B on September 6, 2024. PM Insights data indicates that Glean AI's shares have been trading at an 30.93% premium to their Series E Valuation based on institutional secondary market activity.
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Series E Valuation
Latest funding round
$4.6B
XXXXX
2024-09-06
XX-XX-XXXX
AV Implied Valuation
$6.02B
2025-02-24
AV Implied Valuation
XXXXX
XX-XX-XXXX
Change since Last Round
30.93%
2024-09-06 ➞ 2025-02-24
Change since Last Round
XXXXX
XX-XX-XXXX
Secondary Activity
High
XXXXX
Volume
55.68M
XXX
(90 day period)
Bid
XXX
Ask
XXX
Bid
46.25M
Ask
9.43M

“In our personal lives, we have tools to help us find pretty much whatever we need. Why don’t we have the search tools we need at work? And that was the beginning of Glean.”

Glean, co-founded by Arvind Jain and Vishwanath T R along with Tony Gentilcore and Piyush Prahladka in 2019, provides an AI-driven enterprise search platform which is designed for mid-sized technology companies with 500 to 2,000 employees. Their key features include a web app, sidebar search, native search, new tab page, Slack integration and a unified platform for fast and secure AI deployment across the enterprise.

Business Model

Glean is a SaaS platform with AI capabilities that offers knowledge management and enterprise search solutions. By providing a single content search across many systems with strong security and governance, the company targets mid-market and corporate organizations and makes money through scalable subscription licensing. Deep technical integrations that provide safe, all-encompassing information access are the main emphasis of their strategic approach.

The company's sales strategy focuses on securing early deployments in designated departments and gradually growing contracts from small start-ups to significant multi-year commitments.

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Possıble effects

Workstations, servers, and cloud services power engineers and researchers at the forefront of human knowledge.

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What Comes Next?

As of March 2024, Glean was strategically targeting expansion into three key industry sectors: financial services, retail, and manufacturing.

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Who Will benefit?

Enterprises with complex software ecosystems, particularly in technology, financial services, retail, and manufacturing.

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Glean Growth Timeline

Glean and Competition

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Glean targets companies looking for cutting-edge information management technologies in a competitive enterprise search market that is defined by both established search solutions and new AI-powered workplace assistants.

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