Temporal raised $550M in a Series E funding round. The round values the company at $12.55B. Lightspeed co-led the investment with Wellington Management, Goldman Sachs Alternatives, and Tiger Global. Existing investors a16z, Sequoia, Index, GIC, Sapphire Ventures, and Amplify also participated. Temporal’s annualized revenue run rate grew over 200% year over year. Net dollar retention has stayed above 200% since February. The platform processed 1.9 trillion billable actions in August. Open source installs passed 43 million. Temporal now serves over 4,300 paying customers. Customers include OpenAI, Snap, NVIDIA, and JPMorgan Chase. OpenAI’s use of Temporal grew 60-fold in under a year. Snap moves 414 million Stories daily on Temporal. JPMorgan Chase runs Temporal in regulated production.
What changed
Temporal previously raised $300M Series D at a $5B valuation in February 2026.
What it unlocks
Scaling global operations and investing in core platform primitives, reliability, and security for enterprise customers.
- $550M Series E
- $12.55B valuation
- 200%+ annualized revenue run rate growth
- 200%+ net dollar retention since February
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