Glean's enterprise AI search platform reached $300 million in annual recurring revenue by May 2026, tripling from $100 million in roughly 15 months, yet secondary market marks have edged its valuation down to approximately $6.9 billion as of October 2026 from the $7.2 billion post-money level set in its November 2025 Series F round. This modest compression to around $44 per share occurs amid broader enterprise AI valuation scrutiny, even as the company expands connectors, releases features such as Agent Identity and Deep Research, and maintains a roster of investors including Sequoia, Khosla, and Wellington Management. With October 31 resolution approaching, any new priced financing, acquisition activity, or major enterprise contract announcements in the next two weeks represent the primary near-term catalysts that could shift the market-implied odds on crossing a higher valuation threshold.