Bret Taylors Sierra reaches $100M ARR in under two years | TechCrunch

Image for article Bret Taylors Sierra reaches $100M ARR in under two years | TechCrunch
News Source : TechCrunch

News Summary

  • Sierra, a San Francisco-based startup that builds customer service AI agents for enterprises, announced on Friday that it reached $100 million in annual revenue run rate (ARR) The company’s rapid growth suggests that businesses across industries are embracing AI agents.
  • The startup employs an outcomes-based pricing model, charging customers for completed work rather than charging flat subscription fees.
  • Sierra was last valued at $10 billion when it raised a $350 million round led by Greenoaks Capital in September.
Sierra, a 21monthold, San Franciscobased startup that builds customer service AI agents for enterprises, announced on Friday that it reached $100 million in annual revenue run rate (ARR). The comp [+2303 chars]

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