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Moveworks

Updated Mar 21, 2026

A deep look at Moveworks's finances, team, and market position in the Enterprise AI space.

🇺🇸United StatesAcquiredEnterprise AI

Out of 100

🇺🇸

HQ

United States

🗓

Founded

2016

💰

Raised

$315M

🏷️

Stage

Acquired

👥

Team

400

Moveworks is an enterprise AI platform founded in 2016 that specializes in automating employee support and IT service management through conversational AI. The company's core product uses natural language processing to handle employee requests, resolve IT tickets, and provide HR assistance without human intervention. Moveworks integrates with existing enterprise systems including ServiceNow,

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Key Facts

  • Moveworks is valued at $2.1B as of March 2026.
  • Moveworks has raised a total of $315M in disclosed funding across 4 funding rounds.
  • Moveworks was founded in 2016 by Bhavin Shah and is headquartered in United States.
  • Moveworks employs approximately 400 people.
  • Moveworks operates in the Enterprise AI category and is currently at the Acquired stage.
  • Moveworks has an Awaira Score of 77/100, ranking it among the tracked AI companies on Awaira.
  • Moveworks's most recent funding round was a Series C of $240M closed in September 2021, led by Silver Lake.

Source: Awaira · Updated Mar 21, 2026

$2.1B

Post-money

$315M

All rounds

77/100

2016

400 employees

Strengths

Unicorn status with $2.1B valuation

Strong Awaira Score of 77/100

Growing team of 400 employees

Analysis based on publicly available data. Not investment advice.

4

Total Rounds

$78.75M

Avg Round Size

4.8yr

Funding Span

Moveworks raised 4 rounds over 4.8 years, averaging $78.75M per round — a pace of roughly one round every 14 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$50M–$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Moveworks stack up against competitors?

MetricMoveworksCanvaNotionDelhivery AI
Awaira Score77/10095/10091/10090/100
Total Raised$315M$589M$418M$1.25B
Valuation$2.1B$42B$11B$3.45B
StageAcquiredPrivatePrivatePublic
Founded2016201320132011
Employees400750025005000+
Country🇺🇸🇦🇺🇺🇸🇮🇳
B

Bhavin Shah

Founder & CEO

View founder profile →
StageAcquired
Employees400
Country🇺🇸 United States
Connect
Inactive
4 rounds
Series CLatest

Led by Silver Lake

$240M

Sep 2021

Series B

Led by Sapphire Ventures

$40M

Jan 2019

Series A

Bain Capital Ventures, Lightspeed Venture Partners

$24M

Jan 2018

Seed

Bain Capital Ventures, Lightspeed Venture Partners

$11M

Jan 2017

Frequently Asked Questions

What is Moveworks's valuation?
As of its latest round, Moveworks carries a valuation of $2.1B.
Who invested in Moveworks?
The investor list includes Silver Lake, Sapphire Ventures, Bain Capital Ventures, Lightspeed Venture Partners — a mix that reflects confidence in the Enterprise AI business.
When did Moveworks last raise funding?
The most recent round was a Series C of $240M, closed in September 2021. The round was led by Silver Lake.
How many employees does Moveworks have?
The team is roughly 400 people, headquartered in United States.
What does Moveworks do?
Moveworks is an enterprise AI platform founded in 2016 that specializes in automating employee support and IT service management through conversational AI. The company's core product uses natural language processing to handle employee requests, resolve IT tickets, and provide HR assistance without human intervention.
Who founded Moveworks?
The company was started by Bhavin Shah in 2016 in United States. Bhavin Shah serves as Founder & CEO.
Is Moveworks profitable?
There's no public reporting on profitability. With raised $315M in total funding, the company remains at the Acquired stage.
Where is Moveworks headquartered?
Based in United States 🇺🇸, the company runs its operations in the Enterprise AI space and was established in 2016.
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