Funding Round Overview

DevRev announced a Series A round on March 10, 2024 totaling $100,000,000 led by Khosla Ventures. DevRev raised $100 million Series A at $1.1 billion valuation. $100M Series A at $1.1B valuation.

Deal Highlights

• Capital involved: $100,000,000.
• Round: Series A.
• Investors: Khosla Ventures, Mayfield.

Company and Sector Context

DevRev builds in the enterprise ai sector, one of the most active areas in AI investment today. Based in United States, the company is part of a global wave of startups scaling AI into production across regulated and enterprise environments.

How the Capital Helps

Disclosed details include $100M Series A at $1.1B valuation. In enterprise ai, speed to market and access to high-quality talent often determine category leadership.

Competitive Landscape

Funding activity in enterprise ai continues to intensify as incumbents and startups race to ship reliable AI systems. This round signals ongoing investor confidence in differentiated technology and defensible distribution.

Looking Ahead

This funding positions DevRev for continued growth in the enterprise ai landscape. As AI adoption accelerates across industries, deals like this signal where capital and strategic attention are moving next.