Serval AI Raises $75M, Becomes Unicorn in 3 Months

Serval, an AI-powered IT support startup, has secured $75M in a Series B funding round, led by Sequoia, valuing the company at $1B. This rapid growth, from $232M in August, reflects strong investor confidence in AI companies challenging established players. Serval, founded in 2024, has seen a 500% revenue increase and plans to hire over 100 employees by next year, expanding its services to HR, legal, and finance departments.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.