Sierra acquires Takeoff for agents that work across longer tasks

Sierra announced its acquisition of Takeoff in a 23 July post by Takeoff founder Aakash Thumaty. The teams are building Horizon, a platform for agents that carry out work over longer periods. Takeoff describes its previous work as a runtime for industry-specific agents, including lending and healthcare applications.

Thumaty says the business grew from no ARR at the beginning of the year to close to an eight-figure revenue level by July. The post does not make the basis of that revenue comparison fully uniform, so it should not be converted into an audited annual-revenue claim. The company’s thesis is to charge for outcomes rather than raw inference. Financial terms of the acquisition are not disclosed.