Fundraising Fox

Serval

Unicorn · $1B

San Francisco, US · Founded 2024 · 40 employees · 7 known investors

serval.com

Serval is an AI-native IT service management (ITSM) platform that automates help desk requests, employee onboarding/offboarding, and access provisioning using AI agents. It serves enterprise IT teams seeking to automate routine workflows while maintaining security controls.

Also known as Serval Inc.

AI & Machine LearningDeveloper ToolsEnterprise Software

Founders & leadership

Serval was founded in 2024 by Jake Stauch and Alex McLeod.

JSJake Stauch
Jake Stauchin𝕏Founder and CEO
AMAlex McLeod
Alex McLeodinFounder and CTO

Investors · 7

Also in the syndicate · 4

Box GroupEvanticFirst RoundMeritech

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Valuation · disclosed

Disclosed events
$1Bvaluation at Series BDec 2025
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Serval is a San Francisco-based provider of AI-native IT service management (ITSM) software. The platform combines a help desk and ticketing system, access management, asset management, and workflow automation in a single system of record, with a built-in set of AI agents. Employees submit requests through Slack, Microsoft Teams, email, or a web portal; Serval's help desk agent routes tickets, answers questions from connected knowledge bases, executes automations to resolve common requests, and escalates to human agents with context when needed.

The product includes three described agent types: a Help Desk Agent that resolves requests and provisions just-in-time access, an Automation Agent that builds workflows from natural-language descriptions, and an Insights Agent that suggests workflows, knowledge base updates, and configuration changes based on ticket patterns. Catalyst, announced in June 2026 and made generally available in August 2026, generates automations from ticket history or plain-language instructions for admins to review, test, and publish. Serval also offers a workflow manager, installable prebuilt workflows, a guidance feature for directing agent behavior, a CLI for local workflow development with version control, and a two-way sync with third-party ticketing systems for customers that do not migrate.

According to the company's December 2025 Series B post, usage expanded beyond IT into HR, Finance, Legal, Security, and Engineering, covering employee lifecycle changes, benefits and PTO updates, virtual card and spend-limit requests, procurement, and NDA and contract workflows. The company states that multiple customers have replaced incumbent ITSM tools and moved their system of record to Serval.

Founding story

Per a company blog post, CEO Jake Stauch and COO Tatiana had each attempted to build companies before Serval without success; Stauch subsequently worked at Verkada, where he met co-founder Alex, and Tatiana worked at Rippling. The company describes that experience inside fast-scaling, product-market-fit companies as the foundation for Serval.

Business model

Serval sells its ITSM platform to organizations, primarily through a sales-led motion built around booked demos; the website links to a pricing page but the sources do not disclose pricing terms. Deployment options include a fully managed cloud service and self-hosted configurations, either running only the Serval worker inside the customer's network (hybrid) or the full application single-tenant in a customer-owned AWS account.

The sources do not state Serval's pricing structure. The company reported 500% revenue growth in the three months following its August 2025 Series A.

Traction

The company states customers automate more than 50% of IT tickets, and a customer IT lead is quoted saying over 50% of incoming requests were completed automatically after switching to Serval. In the three months between the August 2025 Series A and the December 2025 Series B, revenue grew 500% and headcount more than tripled. Named users include Mercor, Clay, Perplexity, Together AI, BILT, Verkada, Ramp, and Cribl.

Latest developments

The most recent items in the sources are from 2026: general availability of Catalyst (August 2026), a program to transform employees into future founders and a post on hiring practices (July 2026), a post on proactive agents (July 2026), and the introduction of Catalyst (June 2026). Following the Series B, stated priorities are accelerated hiring, more capable AI agents for complex enterprise workflows, new ITSM and asset management capabilities for large enterprises, and deeper automation across HR, Finance, Legal, Security, and Engineering.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Serval positions itself as an AI-native alternative to legacy ITSM platforms, which it characterizes as dependent on brittle workflow builders and lengthy maintenance. The company reports that multiple customers replaced incumbent ITSM tools with Serval, and cites Sequoia comparing the opportunity to its 2009-era investment in ServiceNow. Serval's careers page lists placements on Wing's Enterprise Tech 30 (#1), Harmonic's Hot 25 Startups (#1), Redpoint's InfraRed 100, CB Insights' AI 100, Accel's US AI 100, and Andreessen Horowitz's AI Apps 50.

Stated differentiators include natural-language creation of production workflows that are generated, tested, and published by an AI agent; code-backed workflows surfaced through a no-code UI with Git-based management; deterministic execution after configuration; and combining the automation engine with the ITSM system of record (ticketing, access management, asset management, workflow orchestration) rather than layering automation on a third-party system.

Technology

Serval builds workflows in code and presents them in a no-code interface, so non-engineers can configure automations while technical teams inspect the underlying code and manage workflows in Git. Workflows are described as deterministic once configured, with version control and change history, permissioning, approvals, and audit trails. Security features cited include TLS 1.3 in transit, AES-256 at rest, role-based access controls at org and team levels, comprehensive audit logging, SOC 2 Type II certification, and regular penetration testing. The platform integrates with hundreds of tools including Slack, Okta, Google Workspace, GitHub, and Jira, syncs knowledge from Notion, Google Drive, and Confluence, and exposes an API, CLI, webhooks, and a custom service API.

Go-to-market

Go-to-market is sales-led, centered on demo requests from the website, published customer case studies (Ramp, Perplexity, Together.ai, Mercor, Cribl), a documentation site and blog, and recruiting-driven content. Following the Series B, the company said it would accelerate hiring across go-to-market and engineering.

Enterprise IT teams are the primary buyer, with expansion into HR, Finance, Legal, Security, and Engineering functions. Named customers include Mercor, Clay, Perplexity, Together AI, BILT, Verkada, Ramp, and Cribl; the company also references Fortune 500 clients in connection with its Agent Deployment team.

Geography

Headquarters are in San Francisco, California (footer lists San Francisco, CA 94104). The Serval Start program references offsites and investor offices in New York and London.

History

Sources state Serval was founded in 2024. It closed a Series A in August 2025 and announced a $75 million Series B led by Sequoia at a $1 billion valuation on 11 December 2025, bringing total funding to $127 million. AI-native access management was introduced in November 2025. In May 2026 the company launched Serval Start, a two-year program for aspiring founders on its Agent Deployment team, and in June-August 2026 it introduced and then generally released Catalyst, its automation-building agent.

Risks & controversies

The sources contain no reported controversies. Much of the performance data (revenue growth, headcount growth, automation rates) originates from Serval's own announcements rather than independent verification, and key figures such as Series A size, absolute revenue, and current headcount are not disclosed.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Compliance certificationJan 2026SOC 2 Type II certified
HeadcountAug 2026161
Revenue growth since series aDec 2025$500
Share of IT tickets automated by customersDec 202550%
Total funding raisedDec 2025$127M
Uptime slaJan 202699.9%
Valuation post moneyDec 2025$1B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Atlassian75 shared keywordsAtlassian offers a teamwork platform combining project planning, knowledge management, and AI orchestration tools for teams and their AI agents. Its products help organizations plan, execute, and deliver work at scale.
Netezza69 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Zapier50 shared keywordsZapier provides a platform for connecting AI models and agents to workflows and business applications, enabling teams to automate tasks across over 9,000 apps without coding. The platform serves enterprises, operations teams, and businesses of all sizes looking to deploy AI-driven automation for lead capture, customer support, employee onboarding, and other business processes.
Zendesk49 shared keywordsThis is Zendesk's internal belonging/diversity and inclusion program page, not a company profile page for an external company. It describes Zendesk's internal culture initiatives and leadership development programs.
Invgate45 shared keywordsInvGate provides IT management software with two solutions for IT service management (ITSM) and IT asset management (ITAM), including a no-code workflow builder, service catalog, and AI tools for service operations. It serves IT teams and enterprise organizations looking to manage service delivery, IT spend, and asset lifecycles.
Eesel41 shared keywordseesel AI builds AI "teammates" that connect to a company's tools and perform work tasks under human supervision, with autonomy increasing over time. The product targets support and enterprise teams and uses usage-based pricing tied to work completed.
VividCortex40 shared keywordsSolarWinds offers an AI-powered IT operations platform for enterprise IT teams, providing monitoring, observability, incident response, IT service management, and database performance across hybrid IT environments. Its tools help organizations detect issues, reduce downtime, and meet service level agreements.

Companies competing with Serval for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 7

launches, deals, and filings
Aug 2026
General availability of Catalyst

Catalyst became generally available and enabled by default for all organizations.

source ↗

Jun 2026
Introducing Catalyst, an AI workflow automation builder

Serval introduced Catalyst, which builds automations from ticket history or natural-language instructions for admins to review, test and publish.

source ↗

May 2026
Launch of Serval Start, a two-year program for aspiring founders

Serval opened applications for the inaugural cohort of Serval Start, a two-year program placing technical builders on its Agent Deployment team as Deployed Software Engineers or Deployment Strategists, with accelerated equity vesting, investor access and workshops in San Francisco, New York and London.

source ↗

Jan 2026
Recognition on startup and AI industry lists

Serval's careers page lists rankings including #1 on Wing's Enterprise Tech 30, #1 on the Harmonic Hot 25 Startups, Redpoint Ventures' InfraRed 100, CB Insights AI 100, Accel's Globalscape Report US AI 100, and Andreessen Horowitz's AI Apps 50.

source ↗

Dec 2025
Serval raises $75M Series B led by Sequoia at $1B valuation

Serval announced a $75 million Series B led by Sequoia at a $1 billion valuation, with participation from Redpoint, Meritech, First Round, General Catalyst, Evantic, Sound Ventures and Radical Ventures. The round was described as pre-empted and brought total funding to $127 million. Proceeds are earmarked for hiring across engineering and go-to-market and for enterprise ITSM and asset management product launches planned for 2026.

$75M source ↗

Nov 2025
Introducing Serval's AI-native access management

source ↗

Aug 2025
Series A closed

Serval closed a Series A in August 2025, announced roughly three months before the Series B. Amount not disclosed in the sources.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Serval do?
Serval is an AI-native IT service management platform that automates help desk, access, and workflow tasks for enterprises.
Who founded Serval?
Serval was founded by Jake Stauch, Alex McLeod in 2024.
Who are Serval's investors?
Serval's investors include General Catalyst, Redpoint Ventures, Sabrina Hahn Fund.
Where is Serval headquartered?
Serval is headquartered in San Francisco, US.