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Startups & Venture·October 29, 2026·1 min read

Serval, which offers AI agents for enterprise IT operations like access management, raised $150M led by Sequoia at a $3B valuation, up from $1B in December 2025

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Serval tripling to a $3B valuation in under a year on AI agents for IT ops is a clear bet that 'run the org' workflows—access, tickets, approvals—are going agent-first. If your internal IT still runs on manual tickets and static rules, expect both vendors and boards to start asking why.