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Moveworks

Mountain View, CA Enterprise Software Acquired

Moveworks is an enterprise AI copilot platform that automates employee support across IT, HR, finance, and other business functions. The platform uses conversational AI, machine learning, and agentic automation to understand employee needs, search across enterprise systems, and complete tasks—helping organizations resolve issues faster while reducing support costs. Serves 350+ large enterprises including 10% of the Fortune 500 with 5M+ employees using the platform.

Acquired

Moveworks has been acquired

Acquired by ServiceNow December 15, 2025 $2.85B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2016

Employees

683–733

Total Funding

$305M

3 rounds

Latest Valuation

$2.1B

June 2021

Funding

Total raised $305M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series C

Date

June 2021

Amount

$200M

Valuation

$2.1B

Lead Investors

Tiger GlobalAlkeon Capital
DateRoundAmount RaisedValuationLead Investors
June 2021 Series C $200M $2.1B Tiger Global, Alkeon Capital
November 14, 2019 Series B $75M Kleiner Perkins, ICONIQ Capital, Sapphire Ventures
2019 Series A $30M Lightspeed Venture Partners, Bain Capital Ventures

Prominent Investors

Tiger Global Alkeon Capital Lightspeed Venture Partners Sapphire Ventures Bain Capital ICONIQ Growth Kleiner Perkins

Leadership

  • Bhavin Shah

    Founder & CEO

    LinkedIn
  • Vaibhav Nivargi

    CTO & Co-Founder

  • Varun Singh

    President & Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Aisera

    AI service management platform combining conversational AI with predictive intelligence for IT, HR, and customer service automation.

  • Espressive

    AI-powered employee virtual support agent for IT service desk automation using conversational AI and structured workflows.

  • Rezolve AI

    Conversational AI platform focused on automating IT service desk operations and reducing repetitive employee requests.

  • Freshservice by Freshworks

    Cloud-based ITSM platform with Freddy AI layer offering automation, conversational self-service, and agent assistance.

  • ServiceNow

    Enterprise workflow and IT service management platform now integrated with Moveworks' AI capabilities following acquisition.

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Data collected with AI, which can make mistakes. Please double-check this information.