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Glean Stock (GLEA)
Glean is an AI-powered work assistant that aims to enhance productivity by integrating with enterprise applications and databases to deliver precise search results. According to Glean, its platform, leverages advanced search and retrieval augmented generation (RAG) technology, to help users find and utilize company knowledge efficiently.
Glean provides a work assistant that allows and helps employees find any piece of data through at their workplace.
About Glean Stock
Founded
2019
Total Funding
624M
Industries
Software, Data and Analytics, Science and Engineering
Glean is an AI-powered work assistant that aims to enhance productivity by integrating with enterprise applications and databases to deliver precise search results. According to Glean, its platform leverages advanced search, large language models and AI to ingest company information, understand company acronyms and provide user specific tailored responses. Additionally, Glean offers a knowledge management service and work hub for users.Â
Glean was founded in 2019 and is headquartered in Palo Alto, California. Notable investors include Kleiner Perkins, Lightspeed Venture Partners, Sequoia Capital and Coatue.
Glean Press Mentions
Stay in the know about the latest news on Glean
More news from Dow Jones Newswires
tradingview • Apr 05, 2025
Enterprise search app Glean in funding talks after passing $100 million revenue pace - The Information
tradingview • Apr 05, 2025
Glean and Internet2 Join Forces to Help Higher Education and Research Institutions Navigate the Next Wave of AI Innovation
businesswire • Apr 02, 2025
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digiday • Mar 28, 2025
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Glean Management
Leadership team at Glean
Founder & CEO
Arvind Jain
Co-Founder & Engineering Executive
TR Vishwanath
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Glean Key Facts
- - Glean reports that it has experienced strong financial growth and demonstrated impressive financial performance by reportedly achieving $100M in annual recurring revenue in 2024, up from $50M the previous year. Additionally, Glean has projected an ARR of between $200M and $250M in 2025 as they look to expand into new markets and verticals to sustain their growth including expanding to Japan and Europe as well as explore verticals such as healthcare, manufacturing, retail, and financial services. Glean's rapid adoption and growth many enable them to capitalize on new opportunities.
- There is growing enterprise demand for AI solutions which have become a key component for a wide range of businesses such as Google, Snowflake, and Dropbox. Glean's offerings aim to meet this demand as AI becomes integral for companies to improve their workflows across a wide range of systems and applications that produce large amounts of data. Glean may have an opportunity meet this increasing demand by offering its tailored solution to enterprise customers.
- Glean offers AI-driven products that directly compete with other generative AI, except that Glean says that it helps solve a problem that most GenAI suffers which is hallucinations. Many large language models (LLMs), such as ChatGPT, suffer from hallucinations. Glean claims to avoid this through their technique called 'retrieval augmented generation' which gathers relevant information from external knowledge sources and feeds it to a large language model to write a response. Glean's product may have the opportunity to solve a challenge that most GenAI suffer, potentially positioning Glean as a market leader.
- Glean faces tough competition within enterprise AI, especially from startups including Anthropic, OpenAI, xAI, Perplexity, and incumbents such as Google, Snowflake, and Dropbox. In 2024 alone 49 startups focused on AI raised more than $100M for their new funding rounds. This may represent a troubling environment for Glean as the company faces well funded competition and could have trouble staying competitive.
- Glean's generative AI search engines uses language models such as OpenAI instead of building its own from scratch. This means that Glean is dependent on third party providers of AI models which allows Glean to reduce costs but also makes them more reliant on partnerships. Any disruption in these partnerships such as potential cost increases, could negatively affect Glean and limit their technological development.
- There is a lot of uncertainty with AI regulation as the regulatory environment is still evolving especially with US lawmakers. In the 2024 legislative session at least 45 states, Puerto Rico, Washington D.C., and the Virgin Islands all introduced AI bills. Any bills that further regulate AI and potentially constrain its growth could present challenges for Glean and could negatively impact their business.
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