# Temporal raises $550 million at $12.55 billion valuation

_Monday, September 14, 2026 at 10:35 AM EDT · Capital, AI · Latest · Tier 1 — Major_

Temporal said it raised $550 million in a late-stage funding round led by Lightspeed, Reuters reported. The company makes open-source software intended to help applications, including AI agents, recover from failures. Reuters said the financing more than doubled Temporal's valuation to $12.55 billion.

## Sources

- [Techmeme](https://www.techmeme.com/260914/p20#a260914p20)

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