Sierra raised $950 million in a Series E funding round.

Former Salesforce co-CEO Bret Taylor founded the artificial intelligence startup.

Tiger Global and GV, formerly Google Ventures, co-led the investment.

The round gives the company a post-money valuation of $15.8 billion.

This valuation marks an increase from the $10 billion level reached in 2025.

Sierra develops AI-powered conversational agents for enterprise customer service.

The technology automates and improves how businesses interact with customers.