Funding round
Harness Series E
Harness, which works in software delivery platform development in San Francisco, raised $240M in a Series E round announced on 11 Dec 2025, led by Goldman Sachs, at a $5.50B post-money valuation. 4 firms took part. It is Harness' sixth venture round on record; the one before was a Growth in May 2024.
$240M
Amount raised
$5.50B
Post-money valuation
$5.26B pre-money
4
Investors
1 lead
1.5x
Step-up from the Series D
$3.70B in Apr 2022
4.4%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Harness at $5.50B after the new money, 1.5 times the $3.70B of its Series D (Apr 2022). The $240M bought investors about 4.4% of the company. It came 19 months after Harness' Growth. It is 33% of the $730M Harness has raised in the venture rounds on record. No later venture round is on record for Harness.
Harness' funding rounds
Harness has 6 venture rounds on record. This one is highlighted.
- Series A 24 Oct 2017, led by Menlo Ventures and BIG Labs $20M
- Series B 23 Apr 2019, led by Institutional Venture Partners, GV and ServiceNow Ventures $60M$500M post-money
- Series C 14 Jan 2021, led by Alkeon $85M$1.70B post-money
- Series D 26 Apr 2022, led by Norwest $175M$3.70B post-money
- Growth 14 May 2024 $150M
- Series E this round 11 Dec 2025, led by Goldman Sachs $240M$5.50B post-money
Investors
Who put money in
Goldman Sachs led the round with 3 other firms.
Lead investor
- Goldman Sachs backs 218 venture-backed companies new investor
Also in the round
- Institutional Venture Partners backs 109 venture-backed companies new investor
- Menlo Ventures backs 215 venture-backed companies new investor
- backs 69 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
42 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $200M, and this round was 1.2 times the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 6 Jan 2026 | $20.00B | not disclosed | not named |
| Lambda Tech Companies | 18 Nov 2025 | $1.50B | not disclosed | TWG Global |
| Tech Companies | 20 Jan 2026 | $204M | $4.25B | Technology Crossover Ventures and Blackstone |
| SambaNova Tech Companies | 24 Feb 2026 | $350M | $2.24B | Vista Equity Partners and Cambium Capital |
| Runway Tech Companies | 10 Feb 2026 | $315M | $5.30B | General Atlantic |
| Tech Companies | 7 Oct 2025 | $150M | $2.00B | Bessemer Venture Partners |
| Supabase Tech Companies | 3 Oct 2025 | $100M | $5.00B | Accel and Peak XV |
| Tech Companies | 1 Oct 2025 | $75M | $2.00B | Lince Capital and Iberis Capital |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Harness raise in its Series E round?
Harness raised $240M in its Series E round, announced in Dec 2025.
Who led Harness' Series E round?
Goldman Sachs led it, with Institutional Venture Partners, Menlo Ventures and Unusual Ventures.
What was Harness' valuation at the Series E round?
$5.50B post-money ($5.26B pre-money).
How does it compare with other Series E rounds in Tech Companies?
42 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $200M, and this round was 1.2 times the median.