Why We Invested · Sapphire Ventures
Investment thesis
Sapphire Ventures is backing Temporal because it serves as the foundational durable execution backbone for autonomous AI agents.
Temporal is providing the backbone powering today’s AI agents, an area we see continuing to explode. That’s why we couldn’t be more excited to back Temporal’s $300M Series D.
Product
Temporal is an open-source durable execution platform that allows developers to write workflows in any language and guarantees execution to completion despite failures.
Temporal is an open-source durable execution platform that was built to solve reliability head-on. At its core, Temporal lets developers write workflows in the programming language of their choice, and then guarantees that those workflows will run to completion
Traction
Over the past year, Temporal reported over 400% YoY revenue growth, a 350% increase in weekly active usage, and over 25 million monthly installations.
Over the past year, Temporal has reported over 400% YoY revenue growth, a 350% increase in weekly active usage and a 500% increase in installations, which now exceeds 25 million installs per month and 9.1 trillion lifetime action executions on Temporal Cloud alone.
OpenAI runs its complex research and data retrieval agentic workflows on Temporal, alongside adoption by companies like Replit and Lovable.
For example, OpenAI runs its agentic workflows (including complex, multi-step research and data retrieval pipelines) on Temporal. AI-native companies like Replit and Lovable rely on Temporal to build agents that are reliable in production at massive scale.
Team
Temporal co-founder Samar Abbas brings over 20 years of distributed systems engineering experience from AWS, Microsoft, and Uber, where he co-created Cadence.
Samar brings over 20 years of engineering experience from AWS, Microsoft and Uber, where he worked on Amazon Simple Workflow Service from its inception, led the development of the Durable Task Framework at Microsoft Azure and co-created Cadence, Uber’s open-source orchestration engine
Investment context
Sapphire Ventures participated in Temporal's $300M Series D funding round.
That’s why we couldn’t be more excited to back Temporal’s $300M Series D.
What founders can learn
- The traction evidence that carried weight: Sapphire Ventures wrote that Over the past year, Temporal reported over 400% YoY revenue growth, a 350% increase in weekly active usage, and over 25 million monthly installations.
- How the team was judged: Sapphire Ventures wrote that Temporal co-founder Samar Abbas brings over 20 years of distributed systems engineering experience from AWS, Microsoft, and Uber, where he co-created Cadence.
Source and provenance
Why We Invested published by Sapphire Ventures on sapphireventures.com (first-party source). Read the original
