Serval Raises $150M Series C at $3B Valuation

Serval, based in San Francisco, is an AI-native enterprise service management and automation platform that recently announced a $150 million Series C funding round. The investment values the company at $3 billion and brings its total funding to $277 million.

Investors

The funding round was led by Sequoia, with participation from existing investors Elad Gil, Evantic, First Round, General Catalyst, and Redpoint, and new investors Conviction and Headline.

Serval Use of Funds

Serval plans to use the new capital to invest heavily in Catalyst, its automation agent that allows employees across IT, HR, Finance, Security, and Legal to automate work without engineering backgrounds. The company is also launching ProServal, a professional services arm that will place over 100 Automation Engineers within large organizations to redesign enterprise workflows.

About Serval

Founded by Jake Stauch and Alex McLeod, Serval is an AI-native enterprise service management platform. It allows non-engineers to automate repetitive work across various departments, aiming to provide employees with code generation tools to streamline productivity and replace legacy service management systems.

Funding Details

Company Website: https://serval.com

Company: Serval
Raised: $150M
Round: Series C
Funding Date: October 29, 2026
Lead Investor: Sequoia
Additional Investors: Elad Gil, Evantic, First Round, General Catalyst, Redpoint, Conviction, Headline
Software Category: Enterprise Service Management
Source: https://www.businesswire.com/news/home/20261029114967/en/Serval-Raises-%24150M-Series-C-at-%243B-Valuation-Led-by-Sequoia