Glean's enterprise AI search platform trades in secondary markets at implied valuations of $6.0–6.9 billion as of late October 2026, below the $7.2 billion post-money mark from its $150 million Series F round in mid-2025. Strong ARR growth to $300 million supports the business fundamentals, yet the CEO's mid-October statements ruling out immediate additional capital raises or an IPO limit near-term catalysts that could lift marks. With resolution due by October 31, trader consensus hinges on whether any disclosed secondary trades or official updates occur in the final week to push pricing across key thresholds, amid broader caution in private AI valuations.