Glean's most recent priced round set a $7.2 billion post-money valuation in its $150 million Series F in mid-2025, led by Wellington Management, while secondary market marks have since eased to approximately $6.9 billion as of October 2026 amid $42–$44 per share prints. Annual recurring revenue reached roughly $200 million by late 2025 and is estimated near $300 million in 2026, implying a compressed ~24x multiple that remains below many enterprise AI peers despite strong customer adoption and ARR doubling in under a year. No new equity rounds or material valuation resets have occurred in 2026, leaving trader-implied odds for any material uplift by year-end dependent on potential late-stage financings, large secondary blocks, or enterprise AI spending trends into the final quarter.