# Moveworks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/moveworks

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.moveworks.com/
- Total disclosed funding: $303M
- Latest round: Series C (Jul 8, 2021)
- Investors on record: 8

## About

Founded in 2016 and based in California, US, Moveworks, Inc. develops a cloud-based artificial intelligence platform that uses machine learning and natural language understanding (NLU) to automatically process IT support operations such as issue tracking and resolution. The company was co-founded by Bhavin Shah, Jiang Chen, Vaibhav Nivargi, and Varun Singh. In March 2025, ServiceNow, Inc. agreed to acquire Moveworks, Inc. from Alkeon Capital Management, Bain Capital, Comerica Bank, ICONIQ Capital, Kleiner Perkins, Lightspeed Venture Partners, Sapphire Ventures, and Tiger Global Management for USD 2.85 billion in cash and stock.

The company offers cloud-based AI natural language processing, machine learning, semantic search, and conversational tools that can automate tech issues, from resetting passwords to provisioning software to creating email groups to help companies and employees resolve technical issues. The December 2025 aims to provide ServiceNow, Inc. integration of artificial intelligence assistant, enterprise search, reasoning engine, workflow automation platform, artificial intelligence agents, employee request processing, enterprise data connection, digital workflow execution

## Funding rounds

- Series C, Jul 8, 2021, $198M — Kleiner Perkins, Lightspeed Venture Partners, Bain Capital, Sapphire Ventures, Tiger Global Management, Alkeon Capital Management, ICONIQ Capital
- Series B, Nov 14, 2019, $75M — Kleiner Perkins, Lightspeed Venture Partners, Bain Capital, Sapphire Ventures, Comerica Bank, ICONIQ Capital
- Series A, Apr 17, 2019, $30M — Lightspeed Venture Partners, Bain Capital
- Seed, Jun 1, 2016 — Lightspeed Venture Partners

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A, Series B, Series C
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A, Series B, Series C
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series C
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series B, Series C
- Comerica Bank — Series B
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series B, Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C
- Alkeon Capital Management (https://capitalatlas.ai/funds/alkeon-capital-management) — Series C