AI agent startup Sierra nears $350 million round at $10 billion valuation
AI agent startup Sierra is close to raising $350 million in new funding, with Greenoaks Capital set to lead the round, according to Axios. The deal would value Sierra at $10 billion.
The company is also expected to cross $100 million in enterprise annual recurring revenue, the report said.
Sierra last raised $175 million in October 2024, in a round also led by Greenoaks, at a $4.5 billion valuation. Thrive Capital and Iconiq also participated in that round.
