Report

Serval raises $150M at $3B valuation to expand automation beyond IT

SiliconANGLE reports the Sequoia-led round will fund Catalyst, which drafts automations from repetitive support tickets.

2 Sources, 2h ago, first seen 2h ago

TLDR

SiliconANGLE reports that Serval’s $150 million Series C values the company at $3 billion, up from $1 billion in December 2025. Serval says customers have taken its AI-powered service platform beyond IT into HR, finance and legal. The funding will also support a new professional services unit that plans to hire more than 100 automation engineers over the next 12 months.

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2 Sources, first seen 2h ago