AI SRE Resolve AI confirms $125M raise and unicorn valuation

Resolve AI, a startup that automates the work of system reliability engineering (SRE), also known as system troubleshooting, announced a $125 million Series A in 1 billion dollars evaluation.

The round was led by Lightspeed Venture Partners, with participation from existing investors including Greylock Partners, Unusual Ventures, Artisanal Ventures and A*.

TechCrunch confirms the announcement December report That the startup was raising a $1 billion valuation led by Lightspeed.

Sources told TechCrunch at the time that the round may have consisted of multiple tranches at different price points, which could put the company’s actual valuation at less than $1 billion. A Resolve spokesperson denied there were multiple tranches in the round, saying 100% of the shares worth $1 billion had been purchased.

As mentioned earlier, this type of structuring allows some investors, often pioneers, to buy a large portion of the stock at a lower price.

Resolve was founded in early 2024 by two former Splunk executives, Spiros Xanthos and Mayank Agarwal. Splunk acquired former startup Omnition in 2019.

Another startup applying AI to identify and resolve system outages is Sequoia-backed Traversal. The emerging category is known as AI SRE.