Fenwick represented Distyl AI, the company helping Fortune 500 enterprises become AI‑native by deploying scalable, outcome‑driven artificial intelligence systems, in its $175 million Series B financing at a $1.8 billion valuation. The round was led by Lightspeed Venture Partners and Khosla Ventures, with Coatue, DST Global and Dell Technologies Capital also participating.
Distyl AI plans to use the funds to expand its partnerships, grow its team, and support global leaders in re‑architecting their operations to fully operationalize AI at scale. Distyl will use the funds to expand its team, refine its platform, and deepen strategic partnerships. Additional information can be obtained here.
The Fenwick transaction team was led by corporate partners Michael Esquivel and Will Black and included associates Tracy Kennberg, Olga Terets, and Kale Olmstead.