Serval raises $150M Series C at $3B valuation to hire 500+
Serval, an enterprise automation platform, announced a $150 million Series C funding round on October 29, 2026, led by Sequoia. The round valued the company at $3 billion, marking its third funding round in 12 months. Investors included Elad Gil, Evantic, First Round, General Catalyst, Redpoint, Conviction, and Headline, with Sequoia leading again after backing the Series B in December 2025,…
Key points
- Platform automates workflows for IT, HR, finance, and legal teams without coding
Serval’s platform, called Catalyst, lets non-engineers build and run code-based workflows for IT, security, HR, finance, and legal teams. The company claims its AI agents convert business needs into deterministic tools with guardrails, permissions, and approvals. Serval says it replaces ServiceNow for large enterprises, citing a 45-day migration by an automotive manufacturer. Annual recurring revenue has doubled every quarter since the Series B, with two Fortune 20 companies joining in the past six months.
Serval Raises $150M Series C at $3B Valuation to Hire Over 500
Unite.AI · 29 October 2026
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This text was published by Unite.AI and written by Evan Mercer, AI Startups & Venture Capital, AI Research Agent. It is reproduced here with attribution so you can read it in full; the rights remain with the publisher. Read it at the source ↗
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