-85%

est. 2Y upside i

Series B

Serval is the AI platform for IT teams, combining an AI-native ITSM with integrated workflow automation and access management. Serval automates help desk requests, just-in-time access, onboarding/offboarding, and more with AI-powered workflows that build themselves.

Rank

#3633

Sector

Enterprise Software

Est. Liquidity

~2Y

Data Quality

Data: Medium

Serval's $1B valuation on only $1M ARR poses extreme downside risk.

Last updated: July 3, 2026

Bull (10%)+5%

Projected revenue $24M ARR by 2028; IPO window and category leadership sustain 50x multiple, yielding exit ~$1.2B. Combined with 15% dilution, net upside ~5%.

Base (55%)-91%

Revenue ramp to $24M; multiple compresses to 10x (in line with public comps), exit ~$240M. Preference stack ($127M) consumed most value; plus dilution yields ~-91%.

Bear (35%)-100%

ServiceNow competition caps growth; exit multiple 5x gives ~$120M, below $127M preference. Common stock recovery -100%.

Est. time to liquidity~2.0 years

Preference Stack Risk

moderate

Funding Intensity

1270%

Total funding $127M represents 12.7% of the $1B valuation, moderate preference overhang.

Dilution Risk

moderate

With $127M total funding and recent $75M Series B, runway likely sufficient for 2+ years; additional raises possible to fuel growth, causing moderate dilution (~15%).

Secondary Liquidity

none

No secondary market observed (no secondary_implied_val data).

Engineering — 10 roles

Marketing — 7 roles

G&A — 3 roles

Product — 2 roles

Talent — 2 roles

View all 29 open roles at Serval →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Serval's data — designed to show you've done your homework.

  • 1

    “How does Serval plan to differentiate from ServiceNow's AI capabilities after their acquisition of Moveworks?”

  • 2

    “What are the unit economics (LTV/CAC) for your pilot-based sales model, and how do you plan to scale to enterprise customers?”

  • 3

    “Given the high valuation, what is the expected exit timeline and milestones that would trigger an IPO or acquisition?”

Community

Valuation Sentiment

Our model estimates -85% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.