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DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation
Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.
Palo Alto, CA — October 2024 — Following its successful Series A funding round in August 2024, where DevRev secured $100.8 million and reached a $1.15 billion valuation, the company continues to drive forward its mission to revolutionize customer support and product development. Led by Khosla Ventures with participation from Mayfield Fund, Param Hansa Values, U First Capital, and several accelerators, family offices, and angel investors, this investment highlights the growing potential of AI-native enterprise software. Organizations today suffer from technology complexity that siloes around departments and their respective apps, data, and workflows, which results in poor customer experiences, delays in product development, and often building the wrong software.
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