Fundz

Sierra raised $175 million in a funding round led by Greenoaks Capital, achieving a $4.5 billion valuation to bolster its growth in the AI sector.

PRIVATEOct 29, 2024

Amount Raised

$175 Million

Round Type

Funding Round

San FranciscoSoftwareArtificial Intelligenceinformation technology & services

Investors

Greenoaks CapitalSequoia CapitalBenchmarkICONIQ CapitalGreenoaks Capital PartnersThrive CapitalIconiq

Description

Sierra, an AI startup co-founded by Bret Taylor, has successfully raised $175 million in a recent funding round. This investment further solidifies its status with a valuation of $4.5 billion, marking it as one of the most valuable AI startups currently.

Quick answer

Sierra Technologies raised $175 Million in a Funding Round round, dated October 29, 2024. Investors: Greenoaks Capital, Sequoia Capital, Benchmark, ICONIQ Capital, Greenoaks Capital Partners, Thrive Capital and Iconiq. Sierra Technologies is based in San Francisco, California, United States.

How much did Sierra Technologies raise?
Sierra Technologies raised $175 Million in a Funding Round round on October 29, 2024.
Who invested in Sierra Technologies?
Greenoaks Capital, Sequoia Capital, Benchmark, ICONIQ Capital, Greenoaks Capital Partners, Thrive Capital and Iconiq are named as investors in this round.
What does Sierra Technologies do?
Sierra Technologies is an AI startup co-founded by Bret Taylor and Clay Bavor that focuses on developing a conversational AI platform for businesses.
Where is Sierra Technologies based and how big is it?
Sierra Technologies is based in San Francisco, California, United States. Fundz records about 320 employees.
Who are the decision-makers at Sierra Technologies?
Fundz holds 1 contact at Sierra Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in information technology & services and Software around the same time

Companies in the same sectors as Sierra Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Maisa raised $5M (Pre-Seed) on December 13, 2024.
  • Keychain raised $15M (Series A) on November 19, 2024.
  • DeepRoute.ai raised $100M (Series C) on November 5, 2024.
  • Prime Artificial Intelligence raised $750K (Seed) on November 1, 2024.
  • Strella raised $4M (Seed) on October 15, 2024.
  • Shuttle Pharmaceutical Holdings raised $790K (Seed) on October 14, 2024.

Who to call at Sierra Technologies, and when

A new round usually means Sierra Technologies is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sierra Technologies raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sierra Technologies, from your own LinkedIn network

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Company Information

Company

Sierra Technologies

Location

San Francisco, California, United States

About

Sierra Technologies is an AI startup co-founded by Bret Taylor and Clay Bavor that focuses on developing a conversational AI platform for businesses. Founded in 2023, it provides an AI 'agent' to automate various tasks, including customer service and voice calls. The company emphasizes core values such as trust, craftsmanship, and customer obsession. Its platform is designed to enhance customer interactions by using advanced language processing and reasoning capabilities.

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Sierra Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.