Former Salesforce co-CEO Bret Taylor’s AI agent startup Sierra has captured the attention of investors, signaling a positive outlook for the company.
Sierra, a platform that assists enterprises in creating AI agents for customer service, recently announced a successful $350 million funding round led by Greenoaks Capital. This funding round values Sierra at $10 billion, as reported by Axios and confirmed by the company’s blog post.
Founded in early 2024 by Bret Taylor and Clay Bavor, a former Google executive, Sierra has quickly gained traction in the market. With prominent clients such as SoFi, Ramp, and Brex, Sierra has established itself as a reliable solution for businesses seeking AI-driven customer service.
The recent funding round brings Sierra’s total funding to $635 million, with previous investments from notable firms like Sequoia, Benchmark, ICONIQ, and Thrive Capital. Taylor and Bavor’s extensive experience in customer service technology, acquired during their tenure at Google and Salesforce, positions Sierra for continued success in the industry.
As part of its growth strategy, Sierra has launched its APX program, offering technical graduates a unique opportunity to gain hands-on experience in agent engineering and product management. This initiative reflects Taylor and Bavor’s commitment to nurturing talent and driving innovation within the company.