1. Sierra previously raised $175 million at a $4.5 billion valuation last October.
2. The new round, like the previous one, will be led by Greenoaks Capital.
3. Sierra is on track to exceed $100 million in enterprise annual recurring revenue.
4. It has hundreds of customers, 15% of whom have revenue of over $10 billion, and 50% of whom have annual revenue of more than $1 billion.
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Sierra Historical Milestones
Jun 1, 2026
Sierra ARR surpasses $200M doubling from $100M in just two quarters$200M
Feb 9, 2026
Sierra ARR Hit $150M$150M
Nov 21, 2025
Sierra Reaches $100M ARR$100M
Dec 28, 2024
Sierra Reaches $25M ARR$25M
Oct 29, 2024
Sierra Reaches $20M ARR$20M
AI INSIGHTS
Revenue Growth Projection
Projected ARR in 1 Year
$363M
Est. Time to $500M
~673 days
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