Temporal
Facts
- HQ
- Bellevue
- Sectors
- Software Development
- Founded
- 2019
- Type
- Corporation Seattle business license
- Employees
- 637
- Registered name
- Temporal Technologies Inc Seattle business license
- Stage
- Series E
- Founders
- Samar Abbas, Maxim Fateev
Temporal rises to No. 1 on GeekWire 200 after $550M raise at $12.55B valuation as AI and hardware firms climb
Temporal is now the No. 1 company on the GeekWire 200 after a $550 million raise valuing it at $12.55 billion and surpassing $250 million in annualized revenue; the Fall 2026 ranking highlights growth in AI software and advanced machinery for space, energy and defense across the Pacific Northwest.
Temporal raises $550M Series E at $12.55B valuation; will open Atlanta and Bay Area offices while keeping Bellevue coworking HQ
Temporal raised $550 million in a Series E that valued the 3-year-old app development startup at $12.55 billion; it will open permanent offices in Atlanta and the Bay Area while keeping a coworking headquarters in Bellevue as it scales R&D and hiring.
Temporal Technologies, led by Samar Abbas and Maxim Fateev, secures funding that cements its status as a top AI infrastructure startup
Temporal Technologies, co-founded by Samar Abbas and Maxim Fateev, has become a leading AI infrastructure startup after a recent funding round that solidified its high regional valuation; the founders say the company’s technology builds on decades of work predating the cloud and is increasingly relevant for AI agents.
Temporal Technologies Raises $550M at $12.55B Valuation; Impulse Space Nets $308M as Week’s Largest U.S. Startup Rounds
This weekly roundup lists the top U.S. startup funding rounds, led by a $550M Series E for AI infrastructure firm Temporal Technologies and a $308M investment in space vehicle developer Impulse Space, with most other large rounds focused on AI, data centers, energy and biotech.
Temporal raises $550M at $12.55B valuation to commercialize durable-execution backbone for AI agents
Temporal raised $550 million at a $12.55 billion valuation, more than doubling its February valuation, after building durable-execution software used by customers including OpenAI, Nvidia, Netflix, Snap and JPMorgan Chase. Co-founders Samar Abbas and Maxim Fateev say the company’s technology, developed over years from their AWS Simple Workflow Service experience, records each step of long-running distributed programs so they can survive crashes and continue rather than failing midwork.
Temporal Technologies Raises $550M Series E at $12.55B Valuation Led by Lightspeed to Scale Durable Execution
Temporal Technologies raised $550 million in a Series E at a $12.55 billion valuation to expand adoption of its Durable Execution technology, which lets long-running applications resume after failures; the round was led by Lightspeed with co-leads Wellington Management, Goldman Sachs Alternatives’ Growth Equity and Tiger Global. CEO Samar Abbas — formerly CTO and a longtime distributed-systems engineer who swapped roles with co-founder Maxim Fateev in April 2024 — said the funding addresses growing demand for reliable infrastructure for complex software and AI.
Temporal raises $550M Series E at $12.55B valuation to scale durable execution platform
Temporal raised $550 million in a Series E on September 14, 2026, at a $12.55 billion valuation to expand its global operations and invest in reliability, security, and core platform primitives for its durable execution/AI orchestration platform.
Temporal Raises $550M Series E at $12.55B Valuation as Durable Execution Platform Gains Traction
Temporal raised $550 million in a Series E at a $12.55 billion valuation to expand its Durable Execution orchestration platform, citing rapid customer growth and major users like OpenAI, Snap, NVIDIA, and JPMorgan Chase.
Temporal raises $550M Series E at $12.55B valuation as AI infrastructure demand grows
Temporal, a Seattle-based maker of an open-source workflow platform, raised $550 million in a Series E at a $12.55 billion valuation driven by AI infrastructure demand.
Bellevue’s Temporal raises $550M Series E at $12.55B valuation, doubling since February
Bellevue app-development startup Temporal raised $550 million in a Series E at a $12.55 billion valuation, roughly doubling its worth since a February round and signaling investor focus on leading AI-related companies. Founded in 2019, Temporal employs about 375 people, counts more than 4,300 clients including OpenAI and Netflix, and offers tools to help developers build more reliable back-end and AI applications.
Temporal raises $550M Series E at $12.55B valuation as agentic AI demand lifts revenue past $250M ARR
Temporal raised $550 million in a Series E at a $12.55 billion valuation as demand for agentic AI systems drives rapid growth; its annualized revenue run rate recently surpassed $250 million, up over 200% year-over-year. The Bellevue-based open-source platform, co-founded by Samar Abbas and Maxim Fateev, doubled headcount to 570 to support major customers like OpenAI, NVIDIA, Netflix and JPMorgan Chase using its durable execution engine for multi-step AI workflows.
Temporal Raises $550M Series E at $12.55B Valuation Led by Lightspeed, Wellington, Goldman Sachs Alternatives and Tiger Global
Temporal, a Seattle-based provider of an open-source durable execution platform, raised $550M in a Series E at a $12.55B valuation to expand global operations, R&D, go-to-market teams, and infrastructure. The round was led by Lightspeed, Wellington Management, Goldman Sachs Alternatives Growth Equity, and Tiger Global, with participation from major investors including a16z, Sequoia, and T. Rowe Price.
Temporal Raises $550M Series E Led by Lightspeed at $12.55B Valuation as Demand for Reliable AI Infrastructure Surges
Temporal raised $550 million in a Series E at a $12.55 billion valuation led by Lightspeed on September 14, 2026, citing rapid 2026 growth including a >200% YoY revenue increase, 1.9 trillion+ actions processed in August, and over 4,300 paying customers such as OpenAI and Netflix.
Reo.Dev Raises $11.3M Series A Led by Elevation Capital to Grow Developer-Focused Sales Intelligence
Reo.Dev raised $11.3 million in a Series A round led by Elevation Capital with participation from Heavybit, India Quotient, Foster Ventures and new investor Uncorrelated Ventures to expand its developer-focused sales intelligence platform. The San Francisco startup, founded by Achintya Gupta, Gaurav Jain and Piyush Agarwal, uses first-party behavioral signals (GitHub commits, CLI activity, package downloads, docs use, trials) plus external data to identify engineering buyers for enterprise software vendors.
Starcloud Becomes Fastest Y Combinator Unicorn at $1.1B as Fusion Leader Helion Tops GeekWire 200 with $15.5B Valuation
The latest GeekWire 200 highlights a shift in the Pacific Northwest startup scene toward physical products like rockets, fusion reactors, and space-based data centers, with Starcloud becoming the fastest Y Combinator unicorn valued at $1.1 billion. Helion maintains the top spot with a $15.5 billion valuation, while notable companies like Stoke Space, Overland AI, and new unicorn XBOW also make significant moves.
Temporal, $5 Billion Bellevue Startup, Named Crystal Palace Front-of-Shirt Sponsor for 2026/27 EPL Season
Temporal, a Bellevue-based developer tools startup valued at $5 billion, will be the front-of-shirt sponsor for Crystal Palace Football Club starting in the 2026/27 English Premier League season. This sponsorship deal aligns with the Premier League's new ban on gambling company logos on shirts, opening opportunities for new sponsors like Temporal.
Seattle Startups Raised $1.5B in Q1 2026 with Lowest Deal Count Since 2020, Ranking 7th in VC Capital Invested
Seattle-area startups raised $1.5 billion across 69 deals in Q1 2026, marking the lowest deal count since mid-2020 amid a trend of larger funding rounds concentrated in fewer companies, particularly in AI. The Seattle region ranked seventh nationally by capital invested but tenth by deal count, reflecting a national pattern of venture capital focusing on a small number of high-profile startups.
OpenAI's $1.1B Statsig Acquisition and Other Billion-Dollar Deals Finalists for 2026 GeekWire Deal of the Year
The 2026 GeekWire Awards feature finalists including billion-dollar deals by OpenAI and others, a rare Seattle-area IPO, and a $5 billion mega-round, all recognized for their significant impact on Northwest tech. Voting for the Deal of the Year, which highlights key transactions in innovation, runs through April 16.
Union.ai Raises $38.1M Series A Led by NEA to Advance AI Workflow Platform Flyte 2
Seattle-area startup Union.ai raised $38.1 million in a Series A round led by NEA to develop its AI development infrastructure platform, including Flyte 2 for orchestrating machine learning workflows. The company, serving clients like Spotify and Carfax, aims to help engineering teams build dynamic and durable AI workflows faster and more reliably.
Temporal Raises $300M Series D Led by Andreessen Horowitz, Valued at $5B Amid AI Infrastructure Surge
Temporal, led by CEO Samar Abbas, raised $300 million in a Series D round at a $5 billion valuation, driven by surging demand for its durable execution infrastructure supporting AI agents. The company’s revenue grew over 380% year-over-year as it positions itself as a core infrastructure provider for the emerging AI agent platform shift.
Temporal Raises $300M at $5B Valuation to Support Reliable AI Agent Workflows in Production
Temporal raised $300 million in a Series D round led by Andreessen Horowitz, doubling its valuation to $5 billion by supporting reliable execution for AI systems. The Bellevue-based company's software powers long-running workflows for clients like OpenAI, with revenue and usage surging significantly as AI agent deployments grow.
Carta: Seattle Ranked No. 6 in 2025 U.S. Cities for Startup Capital Raised with Nearly $2 Billion
Carta’s 2025 city rankings show Seattle remained sixth in the U.S. for startup capital raised with nearly $2 billion (2.9% of Carta-tracked funding), similar to its 2024 position. Major Seattle-area rounds included TerraPower ($650M), Stoke Space ($510M), Helion Energy ($425M), and others across software, AI, hardware, and fintech.
GeekWire Week in Review: Bill Gates Pledges $200B, Statsig Hits $1.1B Valuation, Seattle Startups Raise Millions in May 2025
This GeekWire Week in Review highlights top tech stories including Bill Gates' $200 billion philanthropy pledge, Seattle startups raising significant capital, and the emergence of new AI-driven unicorn Statsig valued at $1.1 billion. It also covers local news like a controversial Washington EV tax and cultural moments involving Seattle figures.
Gennev Founder Jill Angelo Steps Down After Acquisition; Aurion Biotech CEO Replaced Following Alcon Majority Stake; Temporal Adds New Leadership
Jill Angelo, founder and CEO of menopause startup Gennev, stepped down following its acquisition by Unified Women’s Healthcare, while Aurion Biotech replaced CEO Greg Kunst with Arnaud Lacoste after Alcon acquired a majority stake. Temporal also announced leadership additions with Jim Cyb as president and Sahir Azam as an independent board member.
Tiger Global Leads $146M Funding Round for Temporal, Raising Valuation to $1.72B
Temporal, a Seattle startup that offers an open-source microservices orchestration platform, raised $146 million in a funding round led by Tiger Global, boosting its valuation to $1.72 billion. The company serves major clients like Snap and Netflix, with a reported 4.4X revenue growth in 18 months.
People
-
Maxim Fateev Founder, Co-Founder / CTO
-
Samar Abbas Founder, Co-Founder & CEO
-
Jim Cyb Executive, President
