Jan 30, 12:48 PM

Atomicwork Secures $25M Series A Led by Khosla Ventures and Z47 to Advance AI-Native IT Service Management, Valued at $150M

Atomicwork, a San Francisco-based startup focused on AI-native service management for enterprises, has raised $25 million in Series A funding, bringing its total funding to $40 million. The round was led by Khosla Ventures and Z47, with participation from Battery Ventures, Blume Ventures, and Peak XV Partners. Founded by former Nutanix executive Vijay Rayapati and Freshworks founding team members Kiran Darisi and Parsuram Vijayasankar, Atomicwork aims to replace traditional IT service management systems with an 'agentic service management' solution that can be deployed in just 6 weeks. The platform integrates with tools like Microsoft Teams, Slack, Intune, and Okta, allowing employees to access services across IT, HR, and finance departments through a unified interface. Early adopters such as Zuora, Pepper Money, and Ammex Corporation report a 90% reduction in IT resolution times. The company is now valued at $150 million following this investment.

#Atomicwork #San Francisco #Khosla Ventures #Z47 #Battery Ventures #Blume Ventures #Peak XV Partners #Nutanix #Vijay Rayapati #Freshworks #Kiran Darisi #Parsuram Vijayasankar #Microsoft Teams #Slack #Intune #Okta #Zuora #Pepper Money #Ammex Corporation

Written with ChatGPT .

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