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Serval raises $150M Series C at $3B valuation

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Serval, an enterprise service management startup, raised a $150M Series C led by Sequoia at a $3B valuation, up from $1B in December. The company says the money will help bring its automation agents to departments beyond IT. A large share of the new funding goes to Catalyst, which Serval launched in August, and to ProServal, a new professional services unit. Serval plans to hire more than 100 automation engineers for ProServal over the next 12 months to work on site at large customers; about half will be recent graduates in a four-week training program.

AI-generated from reports · 1 hours agoUpdate

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Oct 29
  1. SiliconANGLETop Deals
    Serval raises $150M at $3B valuation to expand automation agents beyond IT

    Serval raised a $150M Series C led by Sequoia at a $3B valuation, up from $1B in December.

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