Valuation
$2.8B
2024 Revenue
$100M
Customers
12
Funding
$3.1B
YOY
238.1%
Avg ACV
$8.3M
Team
607
Founded
2016
How Moveworks CEO Vaibhav N grew to $100M revenue and 12 customers in 2024.
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 | Quote |
|---|---|---|
| 2024 | Moveworks Hit $100m revenue in November 2024Source | |
| 2024 | Moveworks Hit $55.6m revenue in October 2024 | |
| 2023 | Moveworks Hit $29.6m revenue in October 2023 | |
| 2021 | Moveworks Hit $18.8m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
Moveworks Valuation, Funding Rounds
Moveworks reached a $2.8B valuation in 2025, set during its Acquisition round.
Moveworks has raised $3.1B in total funding across 4 rounds, most recently a $2.8B Acquisition round in 2025.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2025 | Acquisition | $2.8B | $2.8B | 100% | |
| 2021 | Series C | $197.5M | $2B | 10% | |
| 2019 | Series B | $75M | $470M | 16% | |
| 2019 | Series A | $30M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Moveworks serves 12 customers.
Moveworks Employees & Team Size
Moveworks employs approximately 607 people as of 2026, up from 554 in 2023, including 83 sales reps that carry a quota. It serves 12 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 607 employees (December 2024) |
| 2024 | Reached 577 employees (May 2024) |
| 2023 | Reached 554 employees (October 2023) |
| 2023 | Reached 556 employees (September 2023) |
| 2023 | Reached 501 employees (July 2023) |
| 2023 | Reached 530 employees (January 2023) |
| 2022 | Reached 533 employees (October 2022) |
| 2022 | Reached 606 employees (January 2022) |
| 2021 | Reached 423 employees (December 2021) |
| 2021 | Reached 323 employees (August 2021) |
| 2021 | Reached 224 employees (April 2021) |
Frequently Asked Questions about Moveworks
What is Moveworks's revenue?
Moveworks generates $100M in revenue.
Who founded Moveworks?
Moveworks was founded by Vaibhav N.
Who is the CEO of Moveworks?
The CEO of Moveworks is Vaibhav N.
How much funding does Moveworks have?
Moveworks raised $3.1B.
How many employees does Moveworks have?
Moveworks has 607 employees.
Where is Moveworks headquarters?
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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