Serval raises $150m at $3bn valuation to replace ServiceNow with AI agents
Led by Sequoia, the funding round significantly increases Serval's valuation from $1 billion in December to $3 billion. The San Francisco-based company aims to use AI agents to replace traditional services like ServiceNow.
Key points
- Raised $150M in Series C led by Sequoia
- Valuation increased to $3B from $1B in December
- Focuses on replacing ServiceNow with AI agents
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