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Funding round

Temporal Series D

Temporal, which works in durable execution platform development in Bellevue, raised $300M in a Series D round announced on 17 Feb 2026, led by Andreessen Horowitz, at a $5.00B post-money valuation. 9 firms took part, 6 of them already investors. It is Temporal's sixth venture round on record; the one before was a Growth in Oct 2025.

$300M

Amount raised

$5.00B

Post-money valuation

$4.70B pre-money

9

Investors

1 lead

2.0x

Step-up from the Growth

$2.50B in Oct 2025

6.0%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Temporal at $5.00B after the new money, 2.0 times the $2.50B of its Growth (Oct 2025). The $300M bought investors about 6.0% of the company. It came 4 months after Temporal's Growth. It is 24% of the $1.23B Temporal has raised in the venture rounds on record. Temporal raised again 7 months later: a Series E round of $550M in Sep 2026, at $12.55B post-money.

Temporal's funding rounds

Temporal has 7 venture rounds on record. This one is highlighted.

  1. Seed 15 Oct 2020, led by Amplify Partners $6.8M
  2. Series A 15 Oct 2020, led by Sequoia Capital $19M
  3. Series B 16 Feb 2022, led by Index Ventures $100M$1.50B post-money
  4. Series C 31 Mar 2025, led by Tiger Global $146M$1.72B post-money
  5. Growth 1 Oct 2025, led by GIC $105M$2.50B post-money
  6. Series D this round 17 Feb 2026, led by Andreessen Horowitz $300M$5.00B post-money
  7. Series E 14 Sep 2026, led by Lightspeed Venture Partners, Wellington Management and Goldman Sachs Alternatives $550M$12.55B post-money

Investors

Who put money in

Andreessen Horowitz led the round with 8 other firms. Sequoia Capital, Index Ventures, Tiger Global and GIC and 2 more had backed Temporal before.

Lead investor

Also in the round

  • Lightspeed Venture Partners backs 454 venture-backed companies new investor
  • Sapphire Ventures backs 148 venture-backed companies new investor
  • Sequoia Capital backs 589 venture-backed companies existing investor
  • Index Ventures backs 353 venture-backed companies existing investor
  • Tiger Global backs 391 venture-backed companies existing investor
  • GIC backs 98 venture-backed companies existing investor
  • backs 142 venture-backed companies existing investor
  • backs 24 venture-backed companies existing investor

Joined the board: Raghu Raghuram (Andreessen Horowitz).

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, sales and marketing and scaling operations.

  • Product development
  • Sales and marketing
  • Scaling operations

Comparable rounds

How it compares

92 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $102M, and this round was 3.0 times the median. The closest in time, other companies' Series D rounds in Tech Companies:

Series D rounds in Tech Companies, Feb 2025 to Oct 2026: 92 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
ElevenLabs Tech Companies4 Feb 2026$500M$11.00BSequoia Capital
Tech Companies13 Feb 2026$90M$1.10BTechnology Crossover Ventures
Legora Tech Companies10 Mar 2026$550M$5.55BAccel
ClickHouse Tech Companies16 Jan 2026$400M$15.00BDragoneer Investment Group
Parloa Tech Companies15 Jan 2026$350M$3.00BGeneral Catalyst
Tech Companies13 Jan 2026$200M$2.15BBattery Ventures and Sapphire Ventures
Tech Companies11 Jan 2026$140M$1.20BMerlin Ventures
Tech Companies13 Jan 2026$120M$1.30BMitsubishi Electric

Sources

Where this comes from

Reported by 2 sources.

Questions

Frequently asked

How much did Temporal raise in its Series D round?

Temporal raised $300M in its Series D round, announced in Feb 2026.

Who led Temporal's Series D round?

Andreessen Horowitz led it, with Lightspeed Venture Partners, Sapphire Ventures, Sequoia Capital, Index Ventures and Tiger Global and 3 more.

What was Temporal's valuation at the Series D round?

$5.00B post-money ($4.70B pre-money).

How does it compare with other Series D rounds in Tech Companies?

92 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $102M, and this round was 3.0 times the median.

Did Temporal raise again after this round?

Yes: a Series E round in Sep 2026 of $550M at $12.55B post-money.