FUNDING ENTERPRISE AI

Genspark.ai Extends Series B to $485M at $2.6B Valuation, Names Jamison Powell as Chief Revenue Officer

TM
Techmediaglobal
| 4 min read
$2.6B
POST-MONEY VALUATION
$485M
TOTAL SERIES B
$250M
ARR IN 12 MONTHS
6,000+
BUSINESS CLIENTS

Genspark.ai, the company building the all-in-one AI workspace, has closed a $100M Series B extension at a $2.6B post-money valuation — a $1B jump from its March valuation. Alongside the raise, the company named Jamison Powell as Chief Revenue Officer and unveiled AgentBase, a new AI-native database and dashboard builder aimed at replacing legacy SaaS tools.

A $1B Valuation Jump in Three Months

The new funding brings Genspark's total Series B to $485M, backed by Sozo Ventures, Korea Mirae Asset, UpHonest Capital, and other existing investors. Notably, Genspark wasn't actively fundraising — the round expanded in response to strong investor demand following the company's rapid growth.

That growth has been steep: in the first three months of 2026 alone, Genspark added another $150M in ARR, on top of the $100M ARR it generated since launching in April 2025.

AgentBase: Replacing Legacy SaaS with AI-Native Systems

As part of its enterprise push, Genspark introduced AgentBase, an agent that lets users build AI-native custom databases, dashboards, and internal systems directly from their own data — including inboxes, drives, calendars, files, and message apps.

Teams can use it to construct CRMs, HR systems, project management platforms, inventory tracking tools, and marketing workflow applications — categories that have traditionally cost organizations hundreds of thousands of dollars per year in subscription fees. AgentBase ships with ready-to-use templates so teams can get started quickly using Genspark Super Agent.

"What especially drew me to Genspark was the belief that the next wave of AI will not just help people generate content – it will free people from the busy work entirely, with autonomous systems and agents handling the execution."

Jamison Powell, Chief Revenue Officer, Genspark.ai

Powell Brings a Track Record of Scaling GTM Engines

Powell joins Genspark from monday.com, where he served as the company's first Senior Vice President of Sales and GM of North America, helping grow annual recurring revenue from 8 digits to over $1B. He scaled the go-to-market organization by more than 10x during his tenure, contributing to monday.com's eventual Nasdaq IPO.

Earlier in his career, Powell held sales leadership roles at NewVoiceMedia (acquired by Vonage) and MessageLabs (acquired by Symantec). As CRO, he will now oversee Genspark's global revenue organization, with a focus on enterprise expansion, global reach, and commercial infrastructure.

A Pivotal Moment for Genspark

Genspark grew from $0 to $250M ARR within 12 months and launched AI Workspace 3.0 and AI Workspace 4.0 just three weeks apart. The company has expanded to more than 6,000 business clients within six months of launching Genspark for Business, and formed strategic partnerships with Microsoft, OpenAI, Anthropic, and AWS.

It has also introduced native plugins across Microsoft PowerPoint, Excel, and Word, and is now listed on the Microsoft Marketplace, Google Cloud Marketplace, and Gemini Enterprise Agent Marketplace. In March 2026, Genspark launched Genspark Claw, an execution layer enabling users to run end-to-end workflows and receive finished results.

Key Takeaways

  • Genspark's Series B extension grows to $485M total, valuing the company at $2.6B — up $1B from March 2026.
  • Jamison Powell, formerly of monday.com, joins as Chief Revenue Officer to lead global GTM strategy.
  • New product AgentBase lets teams build AI-native databases, CRMs, and dashboards from their own data.
  • Genspark added $150M in ARR in Q1 2026 alone, on top of $100M ARR since its April 2025 launch.
  • The company now serves 6,000+ business clients and holds strategic partnerships with Microsoft, OpenAI, Anthropic, and AWS.
  • Genspark Claw, launched in March 2026, gives the platform an execution layer for end-to-end task completion.
Tags: Genspark.ai Series B Funding Enterprise AI AgentBase AI Workspace Jamison Powell Venture Capital Agentic AI