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ServiceNow Ventures

USGBDEFRNLSGINJPAUAI/MLEnterpriseB2B SaaSCybersecurityDevtoolsFintech

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Investment thesis

ServiceNow Ventures is the global strategic investment arm of ServiceNow (NYSE: NOW), committed to deploying $1 billion in capital by 2026 to fuel the next generation of enterprise software innovation. The fund focuses on AI/ML, hyper-automation, distributed cloud, total experience platforms, and data intelligence — backing visionary founders whose companies can integrate with or extend the ServiceNow Platform, be listed on the ServiceNow Store, or address adjacent enterprise transformation needs. As stated by former SVP Philip Kirk: 'Net-new innovation is the only way forward. ServiceNow Ventures is seeking out visionary founders and their game-changing ideas to bring greater value to the ServiceNow Platform, our broader ecosystem, and the industry as a whole.' Beyond capital, portfolio companies receive white-glove support including access to ServiceNow's global customer network, product and engineering expertise, and go-to-market acceleration. The fund also operates an Ecosystem Ventures initiative making strategic investments in services partners to close go-to-market capability gaps in targeted regions and industries.

Notable quotes

Net-new innovation is the only way forward. With our multi-faceted investment strategy, ServiceNow Ventures is seeking out visionary founders and their game-changing ideas to bring greater value to the ServiceNow Platform, our broader ecosystem, and the industry as a whole.

Philip Kirk · ServiceNow Newsroom – Knowledge 2023 Press Release · 2023-05-17

There is a significant opportunity to accelerate growth with both new and emerging go-to-market partners in targeted regions across the world. The goal of our Ecosystem Ventures initiative is to make strategic investments that can close specific go-to-market capability, competency, and capacity gaps.

David Parsons · ServiceNow Newsroom – Knowledge 2023 Press Release · 2023-05-17

With ServiceNow Ventures, we're not just helping businesses grow. We're co-building an ecosystem of game-changing, AI-first startups that have the potential to reshape the future of enterprise technology. Together, we are delivering on our core mission to make the world work better for everyone.

Gina Mastantuono · ServiceNow Ventures website

Recent investments

CompanyRoundSizeDate
OpenRouterSeries B2026-05
DeepgramSeries C2026-01
LangChainSeries A2025-09
IslandSeries D2024-12
Scale AISeries F$1.0b2024-05
SnykSeries F2022-01
HarnessSeries C2022-01
BigIDSeries E2022-01
HyroStrategic Growth Round2025-10
SigmaSeries E2026-05

Frequent co-investors

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