Fenwick Represents Serval in $47M Series A Funding

Fenwick represented Serval, an AI platform for IT teams, in its $47 million Series A funding. The round was led by Redpoint Ventures with participation from First Round Capital, General Catalyst, Box Group, Bessemer Venture Partner, Chemistry VC, Strike Capital, Sunflower Capital, Operator Partners, and angel investors.

Serval will use the funds to expand its AI platform, enhance enterprise-grade features, and accelerate migrations from legacy ITSM systems. More information can be obtained from the here.

The Fenwick transaction team was led by corporate partner Michael Esquivel and included associates Tracy Kennberg and Jing Liu.