About Moveworks
Moveworks is a company based in Mountain View (United States) founded in 2016 by Jiang Chen, Varun Singh, Vaibhav Nivargi, and Bhavin Shah was acquired by ServiceNow in March 2025. Moveworks has raised $305 million across 3 funding rounds from investors including ServiceNow, Kleiner Perkins and Comerica. The company has 57 employees as of March 31, 2024. Moveworks offers products and services including AI Assistant, Agent Studio, Enterprise Search, and Service Management. Moveworks operates in a competitive market with competitors including Beekeeper, Simpplr, Workvivo, Staffbase and Ivanti, among others.
- Headquarter Mountain View, United States
- Employees 57 as on 31 Mar, 2024
- Founders Jiang Chen, Varun Singh, Vaibhav Nivargi, Bhavin Shah
- Stage Unicorn
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Sectors
Technology
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Moveworks Private Limited
- Date of Incorporation 17 Oct, 2020
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$2.49 M (USD)110.16as on Mar 31, 2023
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Net Profit
$166.25 K (USD)107.17as on Mar 31, 2023
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EBITDA
$286.89 K (USD)112.6as on Mar 31, 2023
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Total Equity Funding
$305 M (USD)
in 3 rounds
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Latest Funding Round
$200 M (USD), Series C
Jun 30, 2021
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Investors
ServiceNow
& 10 more
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Employee Count
57
as on Mar 31, 2024
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Acquired by
ServiceNow
(Mar 10, 2025)
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Products & Services of Moveworks
Moveworks offers a comprehensive portfolio of products and services, including AI Assistant, Agent Studio, Enterprise Search, and Service Management.
Automates tasks and provides answers for enterprise workflows
Enables building and deploying AI agents for specific needs
Facilitates information retrieval across systems
Manages IT support and ticketing processes
People of Moveworks
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Software Development Team
61 people
Product Management Team
19 people
Sales and Marketing
15 people
Leadership Team
11 people
Senior Team
10 people
Human Resources and Administration
7 people
Machine Team
5 people
Creative and Marketing Team
4 people
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Funding Insights of Moveworks
Moveworks has successfully raised a total of $305M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $200 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Moveworks
Moveworks has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ServiceNow, Kleiner Perkins and Comerica.
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Venture and private equity investments are managed with global diversification.
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VC fund focused on equity markets
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Venture capital firm investing in early-stage tech startups
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Investor details for Moveworks
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Moveworks
Investment portfolio details for Moveworks
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- Transaction dates
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Financial Statements - Moveworks
Detailed financials for Moveworks
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Moveworks Comparisons
Peer comparison for Moveworks
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Competitors of Moveworks
Moveworks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Beekeeper, Simpplr, Workvivo, Staffbase and Ivanti, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Enterprise communication platform is offered for multiple industries.
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An AI platform is utilized for connecting employees across organizations.
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Employee engagement and internal communications software platform is provided.
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Anonymous employee feedback is facilitated via software for team analysis.
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Cloud-based IT asset and service management software is offered.
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Detailed competitors of Moveworks
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- Full company profiles
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Latest news on Moveworks
Complete news archive for Moveworks
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Frequently Asked Questions about Moveworks
Moveworks was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Moveworks is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Bhavin Shah is the current CEO of Moveworks. They have also founded this company.
Moveworks is a funded company, having raised a total of $305M across 3 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Moveworks is 57.
Annual revenue of Moveworks is $2.49M as on Mar 31, 2023.
Founded in 2016 and headquartered in Mountain View, United States, Moveworks operates in the enterprise software sector. A cloud-based platform is offered for internal employee communication, HR onboarding, and verification processes. Conversational AI is utilized for automating IT support, incorporating natural language processing and machine learning to address issues in real time. Semantic search and collective learning features are included, with the service provided on a subscription model.
Moveworks offers AI Assistant, Agent Studio, Enterprise Search, and Service Management.
Moveworks has 11 investors. Key investors include ServiceNow, Kleiner Perkins, Comerica, Lightspeed Venture Partners, and Bain Capital.
The valuation of Moveworks is $2.1B as of Jun 2021.