MoneySeptember 14, 2026via GeekWire

Temporal raises $550M, hits $12.55B valuation as agentic AI wave fuels massive growth

Why it matters

Temporal, the open-source workflow orchestration platform powering multi-step agent deployments, just raised a massive round at a unicorn+ valuation. The $250M ARR and 200% YoY growth signal that agent infrastructure—not just agent models—is becoming a hard dependency for enterprise AI builders.

Key signals

  • Series D raises $550M
  • Valuation: $12.55B
  • Annualized revenue run rate: $250M
  • YoY growth: 200%+
  • Company: Temporal (open-source platform, Bellevue-based)
  • Growth driver: agentic AI adoption and deployment

The hook

$550M at $12.55B: Temporal's agent infrastructure play cashes in on the agentic wave.

It caps a significant growth stretch for the Bellevue-based open-source platform, whose annualized revenue run rate recently surpassed $250 million — growing over 200% year-over-year.

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