Tech Company Financing Transactions
Serval Funding Round
Serval closed a $150 million Series C venture capital round on 10/29/2026. Investors included Sequoia Capital, Conviction Capital and Elad Gil.
Transaction Overview
Company Name
Announced On
10/29/2026
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to invest in Catalyst, its automation agent, launch its professional services arm ProServal to hire over 100 Automation Engineers, and expand its global team with offices in New York City, London, and Austin.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Serval is the AI platform for IT teams, combining an AI-native ITSM with integrated workflow automation and access management. Serval automates help desk requests, just-in-time access, onboarding/offboarding, and more with AI-powered workflows that build themselves.
Management Team
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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