Total amount raised
$39 Million
Latest funding date
1/1/2025
Location
Atomicwork has raised $25 million in Series A funding, supported by investors such as Khosla Ventures. The company specializes in modern service management and conversational ITSM software, aiming to streamline IT and enterprise service management through AI integration.
With four funding rounds under its belt, Atomicwork continues to attract significant investment, including recent contributions from Okta Ventures and Z47. Keep reading to explore the intricacies of Atomicwork's fundraising journey and the investors backing this innovative platform.
What Is Atomicwork?
Atomicwork is a private company based in San Francisco, California, specializing in modern service management and conversational ITSM software. The company operates in the Human Resources, Information Technology, Internet, and SaaS industries.
With an employee count ranging from 51 to 100, Atomicwork focuses on automating and streamlining IT and HR service management through AI integration. Their platform includes features like incident management, knowledge management, and workflow automation, with integrations to tools such as Microsoft Teams and Slack.
How Much Funding Has Atomicwork Raised?
- Seed Round (September 2023)
- Amount Raised: USD 11,000,000
- Date: September 2023
- Lead Investors: Blume Ventures, Z47
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely for initial growth and development.
- Seed Round (September 2024)
- Amount Raised: USD 3,000,000
- Date: September 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely to support further growth and development initiatives.
- Series A (January 2025)
- Amount Raised: USD 25,000,000
- Date: January 2025
- Lead Investors: Khosla Ventures, Z47
- Valuation at Round: USD 150,000,000
- Motivation Behind the Round: To scale and deploy Enterprise AI agents, invest in go-to-market expansion, and enhance platform support for key enterprise integrations.
- Series Unknown (September 2025)
- Amount Raised: Not publicly disclosed
- Date: September 2025
- Lead Investors: Okta Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely to expand operations, develop new products, and scale the business.
Total Amount Raised: USD 39,000,000. Current Valuation: USD 150,000,000.
Key Investors
- Okta Ventures
- Details: Okta Ventures is the investment arm of Okta, a leading identity and access management company.
- Investment Focus Areas: Identity management, cybersecurity, cloud computing
- Notable Investments: Not publicly disclosed
- Khosla Ventures
- Details: Khosla Ventures is a venture capital firm founded by Vinod Khosla, focusing on impactful technology investments.
- Investment Focus Areas: Clean technology, healthcare, artificial intelligence
- Notable Investments: Square, DoorDash, Impossible Foods
- Z47
- Details: Z47 is a venture capital firm known for investing in early-stage technology startups.
- Investment Focus Areas: Technology, software, digital media
- Notable Investments: Not publicly disclosed
- Blume Ventures
- Details: Blume Ventures is an early-stage venture fund that backs tech-driven startups.
- Investment Focus Areas: Technology, consumer internet, mobile applications
- Notable Investments: Unacademy, Dunzo, Cashify
What's Next for Atomicwork?
Atomicwork stands at the cusp of significant opportunities, driven by its AI-native platform designed to transform IT service management. With $25 million in Series A funding, the company is poised to scale its enterprise AI agents, expand go-to-market efforts, and enhance platform integrations. This financial backing, coupled with the growing demand for AI and automation in enterprise IT, positions Atomicwork for substantial growth.
Future fundraising opportunities appear promising, given the strong investor interest and the company's ambitious expansion plans. As Atomicwork continues to innovate and scale, additional funding rounds could be on the horizon to support its growth trajectory. However, the company will need to navigate challenges such as competition from established players and ensuring seamless scalability of its solutions.
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