LangChain Hits $1.25B Valuation as AI Agent Craze Heats Up
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LangChain, the open source framework for building AI agents, has raised $125 million at a $1.25 billion valuation, marking a milestone for one of the AI community’s most popular developer tools.
The round was led by IVP, with participation from CapitalG, Sapphire Ventures, and existing backers Sequoia, Benchmark, and Amplify.
Founded in 2022 by Harrison Chase, LangChain has grown from a simple open source project into a full platform featuring LangGraph (for orchestration), LangSmith (for testing), and LangChain (for agent building). It’s now a staple in AI development, boasting 118,000 GitHub stars.