Funding Round Overview

Moveworks announced a Series C round on May 2, 2023 totaling $200,000,000 led by Alcoa Ventures. IT support AI company Moveworks raised $200 million at $2.1 billion valuation. $200M at $2.1B valuation.

Deal Highlights

• Capital involved: $200,000,000.
• Round: Series C.
• Investors: Alcoa Ventures, Tiger Global, Kleiner Perkins.

Company and Sector Context

Moveworks 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 $200M at $2.1B 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 Moveworks 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.