Serval raises $150M Series C at $3B valuation led by Sequoia to replace enterprise ITSM
saranormous · x · 2026-10-30
Enterprise automation startup Serval announced a $150M Series C at a $3B valuation led by Sequoia — its third round in 12 months, bringing total funding to $277M.
- The team grew 10x in the past year; customers include Fox Corporation, WPP, Live Nation, Lucid Motors, and Ramp, some fully replacing legacy ITSM platforms
- Investor saranormous notes full rip-and-replaces of ITSM — a key system of record in F500 companies — calling it remarkable for a company under 3 years old
- A fintech tech lead cited in diligence was "all-in": IT wants codegen and the agility that comes with it
- Serval plans to hire 500+ people over the next year across SF, NYC, London, Austin and beyond
Related event: Serval Raises $150M Series C at $3B Valuation Led by Sequoia(4 posts)→
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