Sierra

A conversational AI platform that businesses use to create and deploy their own branded AI agents, mainly for customer service over chat and voice. Sold to large enterprises, with offices in North America, Europe and Asia.

Artificial intelligenceConversational AI agents for customer serviceSan Francisco, United States
FoundersSince 2023
Valuation
$16B
Total raised
$1.5B
Last round · May 2026
Series E
Founded
2023
Quarters in VP50
4

Valuation

$1B$10B20252026$16B
Sierra priced rounds
RoundDatePost-money valuationRaisedLed by
Funding roundOct 28, 2024$4.5B$175MGreenoaks Capital
Funding roundSep 4, 2025$10B$350MGreenoaks
Series EMay 4, 2026$16B$950MGV and Tiger Global
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: #43
  6. Q1 2025: #49
  7. Q2 2025: no place
  8. Q3 2025: #45
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: #43
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #43.

Funding rounds

DateRound · leadRaisedValuation
May 4, 2026Series E · GV, Tiger Global$950M$16B
Dec 4, 2025Funding round · SoftBank Vision Fund 2——
Sep 4, 2025Funding round · Greenoaks$350M$10B
Oct 28, 2024Funding round · Greenoaks Capital$175M$4.5B
Feb 13, 2024Funding round · Benchmark, Sequoia Capital$110M—

Signals

Team

Sierra | Venture Place