Sierra - About the company
Sierra is a series B company based in San Francisco (United States), founded in 2023 by Bret Taylor and Clay Bavor. It operates as a Developer of an AI agent operating system for customer experiences. Sierra has raised $635M in funding from investors like Greenoaks, Sequoia Capital and Benchmark, with a current valuation of $10B. The company has 929 active competitors, including 126 funded and 35 that have exited. Its top competitors include companies like Hyro, Rasa and LivePerson.
Sectors and market segments that Sierra operate in
Sierra serves in the High Tech, Native AI market segments.The primary business model of Sierra are:- High Tech > Generative AI > ***** **** > ***** ******
- Native AI > Generative AI > ***** **** > ***** ******
- High Tech > Chatbots > ***** **** > ***** ******
- High Tech > Agentic AI > ***** **** > ***** ******
- Native AI > Agentic AI > ***** **** > ***** ******
- Native AI > Artificial Intelligence > ***** **** > ***** ******
Company Details
Developer of an AI agent operating system for customer experiences. The company provides tools to build, test, and optimize AI agents. It offers capabilities for analyzing agent performance, identifying conversations needing attention, and running tests. The company's platform allows for integrating customer data and personalizing experiences.
- Website
- sierra.ai
Key Metrics
Founded Year
2023
Location
San Francisco, United States
Stage
Series B
Total Funding
$635M in 3 rounds
Latest Funding Round
Post Money Valuation
$10B as on Sep 04, 2025
Ranked
7th among 929 active competitors
Employee Count
628 as on Mar 31, 2026
Legal entities associated with Sierra
Sierra is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SIERRA TECHNOLOGIES, INC. CIN: 7364179 , United States, Active | Mar 20, 2023 | - | - | - |
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Sierra's funding and investors
Sierra has raised a total funding of $635M over 3 rounds. Its first funding round was on Feb 13, 2024. Its latest funding round was a Series B round on Sep 04, 2025 for $350M. 1 investor participated in its latest round. Sierra has 5 institutional investors.
Here is the list of recent funding rounds of Sierra:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 04, 2025 | $350M | Series B | $10B | - | - | |
Oct 29, 2024 | $175M | Series A | $4.5B | - | ||
Feb 13, 2024 | $110M | Seed | $1B | - | - |
View details of Sierra's funding rounds and investors
Sierra's founders and board of directors
Founder? Claim ProfileHere are the details of Sierra's key team members:
- Bret Taylor: Co-Founder of Sierra and founder of 2 other companies, FriendFeed and Quip. Contact Info: 1 email address
- Clay Bavor: Co-Founder of Sierra. Contact Info: 1 email address
View details of Sierra's Founder profiles and Board Members
Sierra's employee count trend
Sierra has 628 employees as of Mar 26. Here is Sierra's employee count trend over the years:
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Sierra's Competitors and alternates
Top competitors of Sierra include Hyro, Rasa and LivePerson. Here is the list of Top 10 competitors of Sierra, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hyro 2014, New York City (United States), Series C | Provider of an AI-based conversational platform | $115M | 70/100 | |
2nd | Rasa 2016, San Francisco (United States), Series C | Developer of a platform for building and deploying AI agent solutions | $83.8M | 69/100 | |
3rd | LivePerson 1995, New York City (United States), Public | Provider of conversational AI platform for digital customer and agent experiences | - | 68/100 | |
4th | Avaamo 2014, Los Altos (United States), Series A | Provider of conversational AI platform for enterprises | $23.5M | 68/100 | |
5th | Aisera 2017, Santa Clara (United States), Acquired | Provider of AI agent platform for enterprise automation | $150M | 67/100 | |
6th | EliseAI 2017, New York City (United States), Series E | Offering conversational AI platforms | $392M | 65/100 | |
7th | Sierra 2023, San Francisco (United States), Series B | Developer of an AI agent operating system for customer experiences | $635M | 70/100 | |
8th | Poolside 2023, San Francisco (United States), Series B | Developer of artificial intelligence models and systems for software engineering | $626M | 63/100 | |
9th | Maven AGI 2023, Boston (United States), Series B | AI-driven customer support platform for businesses | $78M | 63/100 | |
10th | 11x 2022, London (United Kingdom), Series B | Developer of AI-powered digital workers for sales, RevOps, and go-to-market | $76M | 63/100 |
Looking for more details on Sierra's competitors? Click here to see the top ones
Sierra's Investments and acquisitions
Sierra has made no investments or acquisitions yet.
Reports related to Sierra
Here is the latest report on Sierra:
News related to Sierra
Media has covered Sierra for a total of 7 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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Sierra to Open New Outdoor Gear Store at Lynnwood’s Alderwood Plaza in MayCRE MarketBeat•Apr 20, 2026•Sierra
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Singtel Partners with Sierra to Transform Customer Engagement with AITelecomDrive•Mar 09, 2026•Sierra, Singtel
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R1 Announces Strategic Partnership with Sierra to Revolutionize AI-Driven Experiences in HealthcareGlobeNewswire•Oct 20, 2025•Sierra, R1 RCM
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AI Startup Sierra Technologies Completes $350 Million Funding Round, Valuation Exceeds $10 BillionCui Niuhui•Sep 04, 2025•Sierra, Google, Greenoaks, Salesforce and 9 others
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Sierra Lands $175M as Enterprise AI Race Heats Up, Hits $4.5B ValuationMaginative•Oct 28, 2024•Sierra, Greenoaks, Iconiq Capital, Thrive Capital and 13 others
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OpenAI CEO's startup raises funding at over $4 billion valuationitforum.com.br•Oct 11, 2024•Sierra, Greenoaks
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OpenAI board chairman launches AI agent startup to elevate customer experiencesVentureBeat•Feb 14, 2024•Sierra
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