Serval Raises $150M Series C at $3B Valuation to Hire Over 500
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Summary
Serval announced on October 29, 2026 that it has raised a $150 million Series C at a $3 billion valuation, a round led by Sequoia that the company described as its third funding round in 12 months. The financing drew participation from Elad Gil, Evantic, First Round, General Catalyst, and Redpoint, with Conviction and Headline joining as new investors. Co-founders Jake Stauch, Serval's chief executive, and Alex McLeod, its chief technology officer, authored the announcement, framing the…
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