Harness raises $240 million, led by Goldman Sachs, now valued at $5.5B
Harness just landed $240 million in fresh funding, with Goldman Sachs leading the round. This puts their valuation at a hefty $5.5 billion.
The raise includes $200 million in new capital plus a $40 million offer for employee shares.
What does Harness actually do?
Harness is all about making the "after-code" part of software development—like testing and deployment—way less painful.
Their AI-powered tools help companies automate these steps, saving engineers loads of time and cutting down on mistakes.
Fast growth and big impact
In the past year alone, Harness powered 128 million deployments and 81 million builds, helping customers save nearly $2 billion in cloud costs.
They're on track to hit over $250 million in yearly revenue by 2025 and already work with big names like United Airlines and National Australia Bank.
Team & what's next
With 1,200 employees worldwide (a third based in India), Harness plans to grow its engineering team even more—especially in India.
The new funds will fuel upgrades to their AI features and help them expand further across the US and beyond.