Traversal Valuation, Funding & Investors

Traversal is valued at $1B as of November 2026.

Last Traversal valuation

$1B

Series B · Nov 2026

Last Traversal funding round

$120M

Series B · Nov 2026

Cumulative funding Traversal raised

$168M

across 2 funding rounds

Key investors in Traversal

  • Sequoia Capital
  • Kleiner Perkins
  • Khosla Ventures
  • Battery Ventures
  • Redpoint
  • Amex Ventures

Traversal Overview

About Traversal

Traversal is a San Francisco-based AI company developing site reliability engineering tools for enterprises. Its platform automates infrastructure monitoring, incident response, and observability using machine learning models trained on operational data from Fortune 500 companies. Launched in 2022, Traversal integrates with Kubernetes clusters and cloud providers like AWS and Google Cloud to reduce downtime by analyzing logs and metrics in real time.


Founded

2023

HQ

United StatesNew York City, NY

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$1B (Nov 2026)

Traversal Valuation

Traversal is currently valued at $1B, based on its Series B in November 2026. Read the announcement ↗

The $120M round was led by Khosla Ventures, Kleiner Perkins and Redpoint, with participation from Amex Ventures, Battery Ventures and Sequoia Capital.

Traversal valuation by funding round

Traversal valuation by funding round
DateStageValuation
Nov 2026Series B$1B

Traversal Funding History

Traversal has raised a total of $168M across 2 funding rounds.

Traversal's first fundraising round was a $48M Series A in June 2025. The most recent completed round was a $120M Series B in November 2026.

Traversal funding rounds

Traversal funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2026Series BKhosla Ventures (lead); Kleiner Perkins (lead); Redpoint (lead); Amex Ventures; Battery Ventures; Sequoia Capital$120M$1BTraversal raised $120 million in a Series B round at a $1 billion valuation, announced in November 2026. The round was co-led by Kleiner Perkins, Redpoint Ventures and Khosla Ventures, with significant participation from Sequoia and Battery Ventures. Amex Ventures had made a strategic investment in the company in December 2025. Total funding now stands at $173 million, following $48 million announced when the company emerged from stealth in June 2025. Traversal said the money will accelerate its work toward self-driving production, closing the loop between writing code and keeping it running. Traversal is a New York-based company that builds an AI site reliability engineer, which uses a production world model and a causal search engine to find the root causes of production incidents and support remediation. It was founded in 2023 by Anish Agarwal, Raaz Dwivedi, Raj Agrawal and Ahmed Lone. The company reported ninefold year-to-date growth in annual recurring revenue and more than 150,000 customer investigations in its most recent quarter.
Jun 2025Series AKleiner Perkins (lead); Hanabi Capital; NFDG Ventures; Sequoia Capital$48M-Traversal is a New York-based startup developing an AI platform for site reliability engineering (SRE) and observability, designed to autonomously detect, troubleshoot, and resolve production incidents in complex software systems using proprietary technologies like the Production World Model and Causal Search Engine. The platform reduces mean time to detection (MTTD) and mean time to recovery (MTTR) by up to 90% in some cases and by an average of 40% across enterprise clients, handling petabytes of data across siloed platforms to minimize downtime and boost engineering productivity. It is already deployed by major customers including DigitalOcean, Eventbrite, Cloudways, and undisclosed Fortune 100 financial services companies. On June 18, 2025, Traversal emerged from stealth announcing $48 million in combined seed and Series A funding, with Sequoia leading the seed round and Kleiner Perkins leading the Series A, alongside participation from NFDG Ventures (Nat Friedman and Daniel Gross), Hanabi Capital (Mike Volpi and Bryan Offutt), and notable angels in infrastructure and AI. The funding supports scaling the AI agent lab for enterprise SRE, enhancing the platform's capabilities in root cause analysis, automated alert triage, and self-healing for mission-critical systems in the AI era. Founders, including CEO Anish Agarwal, bring expertise from PhD research at MIT, Columbia, Berkeley, and Cornell, combined with industry experience from places like Citadel Securities. In March 2026, Traversal announced an additional strategic investment from Amex Ventures to further address enterprise-scale incident troubleshooting across global infrastructure.

Who has invested in Traversal?

8 investors have backed Traversal across its funding rounds, including Sequoia Capital, Kleiner Perkins, Khosla Ventures, Battery Ventures, Redpoint and Amex Ventures.

Lead investors include Khosla Ventures, Kleiner Perkins and Redpoint.


Traversal Investors

Investors in Traversal by funding rounds participated
InvestorHQRoundsRoleFirst check
Kleiner PerkinsUnited StatesMenlo Park, CA2LeadJun 2025
Sequoia CapitalUnited StatesSan Francisco, CA2ParticipantJun 2025
RedpointUnited StatesSan Francisco, CA1LeadNov 2026
Hanabi CapitalUnited StatesSan Francisco, CA1ParticipantJun 2025
Amex VenturesUnited StatesNew York City, NY1ParticipantNov 2026
Battery VenturesUnited StatesBoston, MA1ParticipantNov 2026

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Traversal Competitors

Traversal competitors include listed companies like Beijing CTJ Info Tech and Appier Group, and private ones like AA-I Technologies, Adept AI, Aibee and Amperity.

Public and private companies comparable to Traversal
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AA-I TechnologiesIsraelIsraelPrivate--$1B-
Adept AIUnited StatesSan Francisco, CAPrivate--$1B-
AibeeChinaBeijingPrivate--$1B-
AmperityUnited StatesSeattle, WAPrivate$70M-$1B14.3x
Beijing CTJ Info TechChinaChinaPublicly listed$124M$13M$939M5.0x
Appier GroupJapanJapanPublicly listed$277M$43M$860M2.4x

Traversal Public Comps

Traversal is still privately-owned, but its public comps include Beijing CTJ Info Tech, Appier Group, Wenge AI, Rackspace, PKSHA Technology, Rezolve AI, Fractal Analytics, Datasection, PCITECH and Beijing Hanyi Innovation.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Beijing CTJ Info Tech$124M$13M5.5x5.0x53.5x33.8x
Appier Group$277M$43M2.9x2.4x18.7x12.9x
Wenge AI$61M($20M)17.2x-(51.6x)-
Rackspace$2.7B$244M1.4x1.5x15.6x13.4x
PKSHA Technology$138M$46M3.9x2.2x11.5x9.8x
Rezolve AI$47M($109M)14.7x2.2x(6.3x)(12.0x)
Fractal Analytics$351M$50M3.8x3.4x26.1x20.2x
Datasection$212M$27M2.1x2.1x16.8x17.0x

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Common questions about Traversal

When was Traversal founded?Traversal was founded in 2023.
Where is Traversal headquartered?Traversal is headquartered in New York City, NY, United States.
Is Traversal publicly listed?No, Traversal is a private, VC-backed company.
What is Traversal's valuation?Traversal was last valued at $1B in its Series B in November 2026.
How much funding has Traversal raised?Traversal has raised $168M across 2 funding rounds.
What was Traversal's last funding round?Traversal's last funding round was a $120M Series B in November 2026, led by Khosla Ventures, Kleiner Perkins and Redpoint.
Who are Traversal's investors?Traversal's investors include Kleiner Perkins, Sequoia Capital, Redpoint, Hanabi Capital, Amex Ventures, Battery Ventures, NFDG Ventures and Khosla Ventures.
Which companies are comparable to Traversal?Companies comparable to Traversal include AA-I Technologies, Adept AI, Aibee, Amperity, Beijing CTJ Info Tech and Appier Group.

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