Moveworks
Mountain View, California, United States
Valuation · 2021
$2.1B
2024 Revenue
$100M
Customers
12
Funding
$305M
Avg ACV
$8.3M
Team · 2025
650
Founded
2016
Moveworks Revenue, Valuation & Funding (2024)
Moveworks generated $100M in revenue in 2024. Source: moveworks.com
Moveworks is a machine learning-driven platform that provides AI-based automation solutions for IT support and help desk operations. The company was founded in 2016 by Bhavin Shah and Vaibhav Nivargi and is based in Mountain View, California. Moveworks' platform uses natural language processing (NLP) and machine learning algorithms to automate IT support tasks, such as resolving tickets, answering employee questions, and provisioning software and hardware. The platform integrates with existing IT systems and chat platforms, such as Slack and Microsoft Teams, enabling employees to get instant help through a conversational interface. Moveworks' solutions are used by a wide range of industries, including finance, healthcare, and technology, and have been recognized for their innovation in automating IT support.
Last updated
Moveworks Revenue
In 2024, Moveworks's revenue reached $100M. The company previously reported $55.6M in 2024. Since its launch in 2016, Moveworks has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Moveworks Hit $100m revenue in November 2024 | moveworks.com |
| 2024 | Moveworks Hit $55.6m revenue in October 2024 | Estimated |
| 2023 | Moveworks Hit $29.6m revenue in October 2023 | Estimated |
| 2021 | Moveworks Hit $18.8m revenue in April 2021 | Not recorded |
| 2016 | Launched with $0 revenue |
Moveworks Valuation, Funding Rounds
Moveworks's most recent disclosed valuation is $2.1B.
Moveworks has raised $305M in total funding across 3 rounds, most recently a $200M Series C round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | AcquisitionExit | $2.8B | $2.8B | - | Not recorded |
| 2021 | Series C | $200M | - | - | moveworks.com |
| 2021 | Valuation | - | $2.1B | - | moveworks.com |
| 2019 | Series B | $75M | $470M | 16% | Not recorded |
| 2019 | Series A | $30M | - | - | Not recorded |
Founders
Customers
Moveworks serves 12 customers.
Moveworks Employees & Team Size
Moveworks employs approximately 650 people as of 2026, up from 607 in 2024, including 83 sales reps that carry a quota. It serves 12 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 650 employees (January 2025) | pitchbook.comEstimated |
| 2024 | Reached 607 employees (December 2024) | Not recorded |
| 2024 | Reached 577 employees (May 2024) | Not recorded |
| 2023 | Reached 554 employees (October 2023) | Not recorded |
| 2023 | Reached 556 employees (September 2023) | Not recorded |
| 2023 | Reached 501 employees (July 2023) | Not recorded |
| 2023 | Reached 530 employees (January 2023) | Not recorded |
| 2022 | Reached 533 employees (October 2022) | Not recorded |
| 2022 | Reached 606 employees (January 2022) | Not recorded |
| 2021 | Reached 423 employees (December 2021) | Not recorded |
| 2021 | Reached 323 employees (August 2021) | Not recorded |
| 2021 | Reached 224 employees (April 2021) | Not recorded |
Frequently Asked Questions about Moveworks
Is Moveworks still an independent company?
No. Moveworks was acquired.
What is Moveworks's revenue?
As of 2024, Moveworks generated $100M in revenue.
Who founded Moveworks?
Moveworks was founded by Vaibhav N.
When was Moveworks founded?
Moveworks was founded in 2016.
How much funding does Moveworks have?
Moveworks raised $305M across 3 rounds.
How many employees does Moveworks have?
As of 2025, Moveworks had 650 employees.
Where is Moveworks headquartered?
Moveworks is headquartered in Mountain View, California, United States.
Compare Moveworks to the industry
Moveworks operates across multiple industries. Browse revenue, funding, and growth data for Moveworks in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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