LangChain, a US-based startup that builds software to create and manage AI agents, said on November 13 that it raised US$300 million in a series C round led by CapitalG, valuing the company at US$3 billion.

Singapore’s GIC, DFJ Growth, IVP, and Sapphire Ventures also joined the round, which came after a US$125 million series B.

Led by co-founder and chief executive Harrison Chase, LangChain began in 2022 as an open-source project that helped large language models handle tasks such as web searches and API calls. It now focuses on software for managing AI agents.

LangSmith helps customers monitor and test AI agents and large language model applications. LangChain said the product has 7,000 customers, including Nvidia, Toyota, Salesforce, Harvey, Rippling, and Clay.

🔗 Source: TechCrunch