AI Startup Sierra Valuation Expected to Exceed $4 Billion Following Latest Funding Round

Home AI News AI Startup Sierra Valuation Expected to Exceed $4 Billion Following Latest Funding Round

Updated on November 5 2024

On October 10, sources revealed that Sierra, an AI startup co-founded by Bret Taylor, former CTO of Facebook and co-CEO of Salesforce, is in the process of raising several hundred million dollars in new funding. The lead investor for this round is the growth-oriented firm Greenoaks Capital. This new funding round is expected to increase the company's valuation at least threefold, building on its previous valuation of $1 billion from a financing round in January of this year, with projections that its value will exceed $4 billion.

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