Mintlify Raises $45 Million Series B at $500 Million Valuation

Gunderson Dettmer represented Mintlify, a platform for documentation-authoring tools, in its $45 million Series B financing, valuing the company at $500 million. The round was led by Andreessen Horowitz and Salesforce Ventures with participation from Bain Capital Ventures, Y Combinator, DST Global Managing Partner Rahul Mehta, MVP Ventures, Avra, HubSpot Ventures, and TwentyTwo Ventures. The new funding brings Mintlify’s total funding to $67 million.

Mintlify now powers documentation for over 20,000 companies, with content reaching more than 100 million people every year. The new capital will accelerate the company’s mission to become the knowledge layer that makes products understandable, usable and discoverable by AI agents.

“We’ve been building toward knowledge infrastructure for a while now, and our customers have been pulling us in this direction just as fast,” said Han Wang, co-founder of Mintlify, in the announcement of the transaction. “They're using Mintlify to power their internal knowledge bases, engineering handbooks, design systems, internal best practices, because they realized the same thing that works for external developer docs works for the AI-powered tools and agents that all teams depend on.”

The Gunderson deal team was led by Bennett Yee and included Aaron Fiske, Damon Zhangchai, Garrett Darling, Umar Chaudhary, and Killian McDonald.

Companies
Mintlify
Andreessen Horowitz
Salesforce Ventures
Bain Capital Ventures
Y Combinator
DST Global
MVP Ventures
Avra
HubSpot Ventures
TwentyTwo Ventures