Today we’re excited to share that Temporal has completed a secondary funding round, bringing our valuation to $2.5 billion. Our investor at GIC led the ample $105 million investment, with help from Tiger Global and Index Ventures.
This milestone comes just months after our $146 million Series C at a $1.72 billion valuation. It reflects both the progress we’ve made as a team and the belief our investors have in our future; one making Durable Execution the foundation of how modern software gets built.
Building on strong foundations#
When we announced our Series C, we said it was just the beginning of Temporal’s next chapter. Since then, we’re proud to say that our growth has only accelerated through:
- Expanding enterprise adoption across industries like FinTech, e-commerce, and AI
- Scaling support and reliability features for workloads critical to production
- Continuing to advance our open-source project that started it all
Durable Execution is becoming the enterprise standard for building reliable systems and doing so at scale. This funding milestone reflects the confidence our investors, customers, and community have in that trajectory.
Powered by community#
Of course, what interests many about announcements like this are the statistics about the capital. While these are important and they do matter, what matters even more to us are the people behind the product.
Temporal is all about developers. Our team is full of excellent engineers, product thinkers, and go-to-market leaders who all share the belief that distributed systems can and should be simpler, safer, and more powerful for our community of developers.
We’re growing fast, and this secondary funding helps us double down on one of our biggest priorities: creating an even better team. If you’re excited about shaping the future of software reliability, we’d love for you to join us.
Prepared for the age of AI#
The rise of AI has only made Temporal more relevant. Behind every promising AI application is an orchestration challenge involving long-running processes, flimsy pipelines, complex agent coordination, and the need for systems that can recover from inevitable failures. Temporal was built for exactly these conditions.
Developers building with AI are turning to Durable Execution because it guarantees that critical workflows complete. It doesn’t matter how unpredictable the path. Whether it’s coordinating multiple models, integrating AI into customer-facing applications, or scaling experiments into production, Temporal provides the backbone that AI innovation needs to succeed.
Strengthening our leadership#
Investments drive growth and allow us to further invest in our team so we can continue moving our mission forward. With that said, we’re thrilled to welcome John Bonney as Temporal’s Chief Financial Officer and Jonathan Chadwick to our Board of Directors.
John Bonney brings extensive experience guiding high-growth SaaS and cloud companies through scale and capital expansion. He most recently served as Chief Financial Officer of Harness, and previously held senior finance leadership roles at companies such as FinancialForce and SAP.
Jonathan Chadwick has decades of experience scaling category-defining software companies, including prior roles as Chief Financial Officer, Chief Operating Officer, and Executive Vice President of VMware, Inc. He currently serves on the boards of Confluent, Databricks, Notion, ServiceNow, Zoom, and more.
Looking ahead#
This secondary round is a milestone, but it’s not where we want to end our growth. In fact, we want to use this opportunity as a the foundation for what’s next:
- Expanding Temporal Cloud for enterprise scale and security
- Continuing to grow our global community of developers
- Investing in the next generation of features that will make Durable Execution accessible to every team out there
- Hiring and developing first-rate talent to build the best product for developers
Our vision is as ambitious as ever: to make reliability the default. This funding round only gives us more runway, more confidence, and better determination to make this vision a reality.
We’re just getting started.