What they’re building
Acquired by ServiceNow in 2025. Built AI agents for enterprise IT and HR support, automating ticket resolution and employee inquiries.
Company facts
Investment & ownership
Raised $315M before ServiceNow acquired it in 2025 in a deal reported at about $2.85B.
Key people
- Bhavin ShahCEO & co-founder
Why it matters for the agentic web
Moveworks turned employee support into something agents resolve end to end, and ServiceNow paid up for it. Enterprise acquirers buying proven agent teams is how fast this capability is consolidating.
Latest headlines
Pulled from news feeds August 4, 2026 — refreshed on the newsroom’s twice-weekly beat.
- ServiceNow To Target ‘Fortune 500,000’ Customers With New AI-Native Play - crn.com
- ServiceNow Stock (NOW): Why It's Down ~45% While Revenue Grew 24% - top1markets.com
- ServiceNow's Billion-Dollar AI Bet Finally Puts the Disruption Fears to Rest - AD HOC NEWS
- ServiceNow's Governance Gambit: Turning AI Chaos Into a Control-Tower Pitch - AD HOC NEWS
The other side of this story
Moveworks sends agents out to use the web. Our platform is the receiving end: a #name and portal make your business findable, readable, and transactable by exactly these agents.