LangChain raises $300 million at $3 billion valuation
By the AFREEQUE newsroom, based on TechCrunch
US start-up LangChain, which specialises in managing artificial intelligence agents, has raised $300 million in a Series C funding round at a $3 billion valuation. The deal, led by CapitalG, more than doubles its previous valuation, according to TechCrunch.
LangChain, the US start-up specialising in creating and managing artificial intelligence agents, has raised $300 million in a Series C funding round led by CapitalG, according to the company cited by TechCrunch. The deal now values LangChain at $3 billion, compared with $1.25 billion at its previous $125 million funding round, carried out about a year earlier with IVP.
The company says it has 7,000 customers for LangSmith, its software for creating and managing AI agents. They include start-ups Harvey, Rippling and Clay as well as groups Nvidia, Toyota and Salesforce, according to TechCrunch.
Founded in 2022 around an open-source project aimed in particular at facilitating web searches, API calls and access to databases, LangChain later refocused on managing AI agents. LangSmith is presented as compatible with different models, cloud services and ecosystems, according to TechCrunch.
