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# Temporal is in talks to raise $500mn at a $12bn valuation, double February

**[The Next Web](https://daily.dev/sources/tnw)** · 5 min read · 0 upvotes · 0 comments

## Summary

Temporal Technologies is reportedly in talks to raise around $500 million at a valuation of $12 billion or more, more than double the $5 billion it reached in February, according to Bloomberg sources. The company sells an open-source workflow orchestration platform (plus a managed Temporal Cloud) that keeps multi-step processes running through failures, which has become popular for managing long-running AI agent workflows. Its biggest customer is reportedly OpenAI, with others including Replit, Abridge, Nordstrom, Block, ADP and The Washington Post. The deal has not closed and terms could change. Competing offerings have emerged from Cloudflare, Vercel and Restate.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/temporal-500m-raise-12bn-valuation>

## Questions this post answers

### What does Temporal's workflow orchestration platform actually do?

Temporal keeps multi-step software processes from failing partway through by recording each step of a workflow written in an ordinary programming language, so execution can resume from the last saved point if a service crashes or a connection drops. This removes the need for developers to build their own timers, queues, and retry logic, and it has become especially useful for keeping AI agents running reliably over hours or days.

_Developers evaluating durable execution options can follow how Temporal and rivals evolve on daily.dev._

### Who are Temporal's biggest customers?

Temporal's largest customer is reportedly OpenAI, according to people familiar with its funding talks cited by Bloomberg. The company also reportedly works with AI coding company Replit and health-tech firm Abridge, and it has separately named Nordstrom, Block, ADP, and The Washington Post as clients using its platform for workflow orchestration.

_Teams choosing an orchestration vendor can track customer traction like this on daily.dev._

### What other companies compete with Temporal in workflow orchestration?

Cloudflare made its Workflows product generally available in April 2025, Vercel launched its own durable workflows in April 2026, and the startup Restate opened a managed cloud service for workflows and agents in September 2025. Cloudflare and Vercel bundle their workflow features into broader developer platforms, while Restate and Temporal focus specifically on this category.

_Comparing durable workflow tools before committing is easier when following coverage on daily.dev._

## Similar posts on daily.dev

- [Temporal raises secondary funding, reaching $2.5B valuation](https://daily.dev/posts/temporal-raises-secondary-funding-reaching-2-5b-valuation-vguwyq8y1) · Temporal · 1 upvotes · 0 comments
- [Temporal drives demand for Durable Execution](https://daily.dev/posts/temporal-drives-demand-for-durable-execution-hqhjfpyjl) · Temporal · 0 upvotes · 0 comments
- [Temporal hits 3,000 paying customers with its crash-proof workflow engine](https://daily.dev/posts/temporal-hits-3-000-paying-customers-with-its-crash-proof-workflow-engine-0pq440ota) · The New Stack · 1 upvotes · 0 comments
- [A year of change](https://daily.dev/posts/a-year-of-change-viinta7zj) · Temporal · 0 upvotes · 0 comments

---

Tags: [#startup](https://daily.dev/tags/startup), [#ai-agents](https://daily.dev/tags/ai-agents), [#workflow-orchestration](https://daily.dev/tags/workflow-orchestration)

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