Company · Data & infrastructure
LangChain revenue, valuation & funding
LangChain was valued at $1.25B when it raised $125M in October 2025. Reporters put its annualized recurring revenue at $12M to $16M as of June 2025. It's a private company and has announced no IPO plans.
At a glance
- Valuation: $1.25B at its Series B in October 2025, the only valuation the company has announced.
- Revenue: $12M to $16M in annualized recurring revenue as of June 2025, as reported. It publishes no audited results.
- Status: private. No stock ticker. No IPO plan announced.
- Founded: October 2022 as an open-source project by Harrison Chase. He and Ankush Gola started the company in early 2023.
- CEO: Harrison Chase.
- Investors: IVP, Sequoia, Benchmark, Amplify, CapitalG and Sapphire Ventures, among others.
- Products: the open-source LangChain and LangGraph frameworks, Deep Agents and LangSmith, its commercial agent engineering platform.
- Headquarters: San Francisco, with offices in New York, Boston and Amsterdam.
- On Real Alpha: 4 moments of its people talking, from 1 interview.
Is LangChain public? Can you buy its stock?
No. LangChain is a private company, so its shares don't trade on any stock exchange and it has no ticker symbol.
No IPO filing or plan has been announced, Revenue Memo reported in October 2026. None of its leaders has said when it might go public.
Its shares are held by its founders, employees and venture investors. A Series C at roughly $3B appears in Forge's data, Revenue Memo notes, but the company hasn't confirmed it. This page reports facts and gives no investment advice.
Valuation, round by round
Its valuation went from $200M at its February 2024 Series A to $1.25B at its October 2025 Series B, more than six times.
| Date | Valued at | Raised | Led by | Source |
|---|---|---|---|---|
| Oct 2025 | $1.25B | $125M | IVP | LangChain's blog |
| Feb 2024 | $200M | $25M | Sequoia Capital | Revenue Memo |
| Apr 2023 | — | $10M | Benchmark | Revenue Memo |
In July 2025 TechCrunch reported talks at about $1B, and Forbes reported $1.1B, both led by IVP. LangChain didn't confirm those figures and announced $1.25B in October. A Series C at roughly $3B appears in Forge's data and isn't confirmed by the company.
Revenue
LangChain doesn't publish results. SiliconANGLE, citing TechCrunch, put its annualized recurring revenue at $12M to $16M as of June 2025.
| Date | Figure | Basis | Source |
|---|---|---|---|
| Oct 2025 | $12M | Reported | SiliconANGLE |
Annualized recurring revenue is a month's recurring revenue times twelve. It isn't audited revenue. A spokesperson told Fortune it had grown since June 2025, but no newer figure has been reported.
How LangChain makes money
LangChain builds open-source projects and folds what it learns into LangSmith, its commercial agent engineering platform.
Sacra describes the model as freemium B2B, with the free framework drawing developers toward paid products. Each LangSmith plan adds pay-as-you-go usage on top of its seat price.
- Developer plan. $0 per seat per month for solo users, then pay as you go. LangChain pricing
- Plus plan. $39 per seat per month for teams building and deploying agents, then pay as you go. LangChain pricing
- Enterprise plan. Custom pricing for teams with advanced hosting, security and support needs. LangChain pricing
- Startup credits. VC-backed startups get discounted rates and up to $10,000 in credits. LangChain pricing
Products
LangChain started as an open-source framework for building apps on large language models. It now also sells LangSmith, its platform for agent engineering.
- LangChain framework (October 2022). The open-source library that started the company. LangChain 1.0, its first major version, came out on October 22, 2025. Wikipedia
- LangGraph Platform (general availability May 14, 2025). Wikipedia
- LangSmith (July 2023). The company's first cloud product, built for observability. Latent Space
- Engine v2 and Managed Deep Agents (September 2026). New LangSmith features, announced alongside fine-tuning. LangChain blog
- Deep Agents. An agent harness for autonomous, long-horizon tasks. LangChain
- Insights Agent (October 2025). An agent in LangSmith Observability that sorts agent behavior patterns. LangChain blog
- Agent Builder (October 2025, private preview). A no-code text-to-agent builder for business users. LangChain blog
- LangServe (October 2023). A tool for hosting LCEL code as a production-ready API. Wikipedia
- LangChain Labs (May 14, 2026). Introduced in a post by Harrison Chase. LangChain blog
From LangChain's interviews
- 3:04 Models make product layers obsolete, so build around durable needsHarrison Chase · 20VC · Oct 2026
- 14:13 Useful model routing needs to understand the agent harnessHarrison Chase · 20VC · Oct 2026
- 9:21 Vertical agents should start with context and harness, not custom modelsHarrison Chase · 20VC · Oct 2026
Customers
LangChain said in October 2025 that its langchain and langgraph libraries had a combined 90M monthly downloads. It also said 35 percent of the Fortune 500 use its services.
Its about page says it has crossed 1 billion open-source downloads and ingests over 1 billion events a day on LangSmith. TechCrunch counted 118,000 GitHub stars on the langchain repository in October 2025.
Teams it named as customers in October 2025 include Replit, Clay, Harvey, Rippling, Cloudflare, Workday and Cisco.
Leadership
- Harrison Chase, co-founder and CEO. He previously led machine learning teams at Kensho. Revenue Memo
- Ankush Gola, co-founder. He started the company with Chase in early 2023 and still helps run it. Revenue Memo
Who owns LangChain?
Its founders, employees and venture investors, Revenue Memo reported in October 2026. No parent company or acquirer is reported, and stakes aren't public.
Sacra estimates it has raised $260 million in total.
- Benchmark led the $10M seed round announced in April 2023. Revenue Memo
- Sequoia Capital led the $25M Series A in February 2024, at a $200M valuation. Revenue Memo
- IVP led the $125M Series B in October 2025. LangChain's blog
- Amplify, CapitalG and Sapphire Ventures also invested in the Series B, with Sequoia and Benchmark. LangChain's blog
- ServiceNow Ventures, Workday Ventures, Cisco Investments, Datadog Ventures, Databricks Ventures and Frontline joined as strategic investors in the Series B. LangChain blog
Competitors
Sacra sorts LangChain's rivals into open-source frameworks, large model and cloud companies, and monitoring firms.
- LlamaIndex, Haystack, AutoGen and CrewAI, open-source orchestration frameworks. Sacra
- OpenAI, Microsoft, AWS and Google, which build agent frameworks into their model APIs and cloud platforms. Sacra
- Datadog and New Relic, in AI operations and monitoring, where LangSmith competes. Sacra
- Braintrust, named with LangChain and Raindrop by Trajectory's Ronak Malde as tools that plug into a company's infrastructure to trace agents.
Timeline and latest news
From its founding to the latest reports, newest first.
- Sep 25, 2026Latest
Posted a LangSmith update covering Engine v2, Managed Deep Agents and fine-tuning. LangChain blog - Aug 26, 2026Latest
Caplight's data showed 421 employees, up 38% from 305 a quarter earlier. Caplight - May 14, 2026Latest
Harrison Chase introduced LangChain Labs. LangChain blog - Oct 22, 2025
Released LangChain 1.0, the framework's first major version. Wikipedia - Oct 20, 2025
Raised $125M at a $1.25B valuation, led by IVP. LangChain's blog - Jul 8, 2025
TechCrunch reported it was raising at about a $1B valuation, led by IVP. TechCrunch - May 14, 2025
Launched LangGraph Platform into general availability. Wikipedia - Feb 2024
Raised a $25M Series A at a $200M valuation, led by Sequoia Capital. Revenue Memo - Jul 2023
Launched LangSmith, its first cloud product. Latent Space - Apr 2023
Announced a $10M seed round led by Benchmark. Revenue Memo - Jan 2023
Incorporated as a company. Latent Space - Oct 2022
Harrison Chase launched LangChain as an open-source project. Latent Space
What others say about LangChain
Moments where people outside the company talk about it.
Max Junestrand · Uncapped · Mar 12, 2026
“we had to build our own agent framework because like LangChain and these things that we initially built on”
10:41 Legora kept engineers at the center of product development 3 min
Ronak Malde · Training Data · Nov 5, 2026
“there like Langchain, like Braintrust, Raindrop, where you can basically plug into your infrastructure”
10:27 Continual learning starts with traces, replay and training 2 min
Diogo Almeida · Unsupervised Learning · Nov 5, 2026
“it's not too dissimilar from Langchain.”
26:55 The KV cache constrains how coding agents are designed 8 min
Questions people ask
Is LangChain a public company? Can I buy LangChain stock?
No. LangChain is private and has no ticker, so its shares aren't sold on any exchange. It hasn't announced plans to go public.
When will LangChain IPO?
No IPO filing or plan has been announced, Revenue Memo reported in October 2026.
Who owns LangChain?
Its founders, employees and venture investors, including IVP, Sequoia, Benchmark, Amplify, CapitalG and Sapphire Ventures. Stakes aren't public.
Who is the CEO of LangChain?
Harrison Chase, who co-founded the company.
Who founded LangChain?
Harrison Chase launched it as an open-source project in October 2022. He started the company with Ankush Gola in early 2023.
How much is LangChain worth?
$1.25B at its Series B in October 2025, LangChain said. A Series C at roughly $3B appears in Forge's data but isn't confirmed by the company.
How much revenue does LangChain make?
Between $12M and $16M in annualized recurring revenue as of June 2025, as reported. It said ARR had grown since then.
Is LangChain profitable?
Not yet, SiliconANGLE reported in October 2025. The company says it spends its funding more efficiently than other high-growth startups.
How does LangChain make money?
Its frameworks are free and open source. It sells LangSmith, priced from $0 to $39 per seat a month plus usage, with custom Enterprise pricing.
How many people use LangChain?
In October 2025 it reported a combined 90M monthly downloads for langchain and langgraph. It said 35 percent of the Fortune 500 use its services.
Every moment from LangChain's people
4 moments from 1 interview on 1 show, newest first. Each one plays from the minute it starts.
20VC · Oct 17, 2026 · 4 moments
The Future of Inference Market & Model Routing: Commodity or Increasing in Value? | LangChain CEO
People on Real Alpha
- Harrison Chase, Co-founder & CEO, LangChain · 4 moments
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How this page is sourced
Each figure links to the filing, company statement or news report it came from, with its date. Run rates are what reporters were told, not audited results; estimates and unconfirmed reports are marked. Quotes are what each person said on the record, with the minute they said it. Spotted something that's off? .
Last checked Nov 7, 2026