Sierra AI
Financial Performance
Sierra AI Revenue & Financials
Revenue
$10M (FY2023)
Employees
120
What is Sierra AI's revenue?
Sierra AI's latest revenue figure is $45M (2024). This is an annualized run-rate, not audited fiscal-year revenue.
- Latest revenue
- $45M (FY2024, annualized run-rate)
- Peak revenue
- $10M (FY2023)
- Years of data
- 3
- Employees
- 120
- How many employees does Sierra AI have?
- Sierra AI has about 120 employees.
Financial Analysis
Sierra AI achieved a $4.5 billion valuation in late 2024 after raising a $175 million funding round led by Greenoaks Capital, with participation from Iconiq Capital and Thrive Capital. Annualized recurring revenue crossed $45 million in 2024 as enterprise consumer brands rushed to deploy autonomous agents that simultaneously lower support costs and elevate customer satisfaction scores. The company maintains an asset-light software business model with exceptional gross margins exceeding 80%, providing immense financial leverage as enterprise adoption expands across Fortune 500 corporations.
Revenue Trend Analysis
Peak Year
2023
Trend
Not enough comparable years
Sierra AI has 2 full fiscal year figures on this page, plus 1 other figure (annualized run-rate, partial-period or estimated) that are not ranked or trended with them. Annual revenue peaked in fiscal year 2023 at $10M. Of 1 comparable year-over-year step, 1 showed growth and 0 showed a decline.
Reported Revenue Figures
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024annualized run-rate | $45M | — |
| FY2023 | $10M | +400.0% |
| FY2022 | $2M | — |
Click any row to see year details.
Keep researching Sierra AI
Sierra AI Revenue and Financial FAQ
What was Sierra AI's revenue in 2022?
Sierra AI achieved $45M in revenue for fiscal year 2022.
Is Sierra AI profitable?
Sierra AI's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Sierra AI growing?
Sierra AI has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Sierra AI fund its capital expenditures?
Sierra AI funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Sierra AI's debt profile?
Sierra AI maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Sierra AI reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Sierra AI Revenue & Financials." CorpDigest, https://corpdigest.com/company/sierra-ai/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Sierra AI reported $45M as its latest revenue figure (2024, annualized run-rate, not audited fiscal-year revenue).</strong><br>Source: <a href="https://corpdigest.com/company/sierra-ai/financials" target="_blank" rel="noopener">CorpDigest — Sierra AI financials</a></div>Related Financial Audits
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