Funding round
Glean Series A
Glean, which works in AI-Powered enterprise search solutions in San Francisco, raised $15M in a Series A round announced on 1 Jan 2019, led by Lightspeed Venture Partners. 1 firm took part. It is Glean's first venture round on record.
$15M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Glean did not disclose a valuation in this round. It is Glean's first venture round on record, in the year it was founded (2019). It is 2.1% of the $725M Glean has raised in the venture rounds on record. Glean raised again 40 months later: a Series C round of $100M in May 2022, at $1.00B post-money.
Glean's funding rounds
Glean has 5 venture rounds on record. This one is highlighted.
- Series A this round 1 Jan 2019, led by Lightspeed Venture Partners $15M
- Series C 18 May 2022, led by Sequoia Capital $100M$1.00B post-money
- Series D 26 Feb 2024, led by Kleiner Perkins and Lightspeed Venture Partners $200M$2.20B post-money
- Series E 10 Sep 2024, led by Altimeter and DST Global $260M$4.60B post-money
- Series F 10 Jun 2025, led by Wellington Management $150M$7.20B post-money
Investors
Who put money in
Lightspeed Venture Partners led the round.
Lead investor
- Lightspeed Venture Partners backs 454 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
903 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.0M, and this round was 1.9 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Jan 2019 | $141M | $1.84B | China State-Owned Capital Venture Investment Fund and ICBC Investment |
| Tech Companies | 28 Jan 2019 | $68M | not disclosed | Andreessen Horowitz |
| Tech Companies | 31 Jan 2019 | $50M | not disclosed | General Catalyst |
| Tech Companies | 24 Jan 2019 | $35M | $400M | SignalFire |
| Tech Companies | 7 Jan 2019 | $28M | not disclosed | Tenfore Holdings |
| Verbit Tech Companies | 29 Jan 2019 | $23M | not disclosed | Viola Ventures |
| Tech Companies | 15 Jan 2019 | $19M | not disclosed | Polaris Partners and Ten Eleven |
| Tech Companies | 16 Jan 2019 | $17M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Glean raise in its Series A round?
Glean raised $15M in its Series A round, announced in Jan 2019.
Who led Glean's Series A round?
Lightspeed Venture Partners led it.
What was Glean's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
903 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.0M, and this round was 1.9 times the median.
Did Glean raise again after this round?
Yes: a Series C round in May 2022 of $100M at $1.00B post-money.