Business
Harness Announces $240M Financing Round Led by Goldman Sachs Alternatives to Advance "AI for Everything After Code"
Harness, the AI Software Delivery Platform company, today announced a $240 million Series E financing round. The financing round is comprised of a $200 million investment led by Goldman Sachs Alternatives and a planned $40 million tender offer with participation from IVP, Menlo Ventures, and Unusual Ventures. This investment values Harness at $5.5 billion and reflects the accelerating demand for a unified, AI-native platform for software delivery.
About this update from Goldman Sachs Group, Inc. (the)
[{"type":"text","content":"Now valued at $5.5 billion, Harness will use the new capital to advance Harness AI and accelerate platform expansion and global GTM momentum.","length":141,"tagName":"p","attribs":{}},{"type":"text","content":"SAN FRANCISCO, Dec. 11, 2025 /PRNewswire/ -- Harness, the AI Software Delivery Platform company, today announced a $240 million Series E financing round. The financing round is comprised of a $200 million investment led by Goldman Sachs Alternatives and a planned $40 million tender offer with participation from IVP, Menlo Ventures, and Unusual Ventures. This investment values Harness at $5.5 billion and reflects the accelerating demand for a unified, AI-native platform for software delivery.","length":496,"tagName":"p"},{"type":"image","alt":"Harness logo (PRNewsfoto/Harness)","displaySize":"","headline":null,"caption":"Harness logo (PRNewsfoto/Harness)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":87,"url":"https://media.zenfs.com/en/prnewswire.com/409efddebb1af487bcefd1acc5ed4e4d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/kf4qY_2jwtup8Ehw71uy9w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/409efddebb1af487bcefd1acc5ed4e4d","width":400,"height":87}},"href":"https://mma.prnewswire.com/media/779232/Harnes_logo_horizontal.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"While AI is transforming how software is written, that work represents only the beginning of the engineering lifecycle. Most teams spend just 30–40% of their time writing and iterating on code; the remaining 60–70% goes to the "outer loop" — testing, deployments, security, compliance, and optimization. These workflows are deeply interconnected and remain highly manual, creating friction that slows velocity. Harness is bringing AI and automation to this outer loop, turning the most complex and time-consuming parts of software delivery into intelligent, streamlined processes.","length":590,"tagName":"p"},{"type":"text","content":"Now, AI is amplifying the pressure exponentially. Code volume is accelerating — in many cases by 4x — and every line must still be tested, secured, deployed, and maintained. The surge of AI-generated code is further widening the gap between rapid development and the safe, reliable delivery of software. Organiz...