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Moveworks

Mountain View, California, United States

Valuation

$2.8B

2024 Revenue

$100M

Customers

12

Funding

$3.1B

Avg ACV

$8.3M

Team

607

Founded

2016

Moveworks Revenue, Valuation & Funding (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.

Moveworks Revenue GrowthReported revenue / ARR over time$0$25M$50M$75M$100M$125M201620172018201920202021202220232024$0$18.8M$29.6M$100MSource: GetLatka.com
YearMilestoneSource
2024Moveworks Hit $100m revenue in November 2024moveworks.com
2023Moveworks Hit $29.6m revenue in October 2023Estimated
2021Moveworks Hit $18.8m revenue in April 2021
2016Launched 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.

Moveworks Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$600M$750M$1.2B$1.5B$1.8B$2.3B$2.4B$3B$3B$3.8B201620182020202220242025$2.8BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2025Acquisition$2.8B$2.8B100%
2021Series C$197.5M$2B10%
2019Series B$75M$470M16%
2019Series A$30M--

Founders

Bhavin Shah

CEO

Bhavin Shah is listed as CEO at Moveworks.

Vaibhav N

Founder & CTO

Vaibhav N is listed as Founder & CTO at Moveworks.

Garrett Serviss

Founder

Garrett Serviss is listed as Founder at Moveworks.

Q&A

QuestionAnswer
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.

Moveworks Team GrowthReported headcount over time015030045060075020162017201820192020202120222023202400607607Source: GetLatka.com
YearMilestoneSource
2024Reached 607 employees (December 2024)
2024Reached 577 employees (May 2024)
2023Reached 554 employees (October 2023)
2023Reached 556 employees (September 2023)
2023Reached 501 employees (July 2023)
2023Reached 530 employees (January 2023)
2022Reached 533 employees (October 2022)
2022Reached 606 employees (January 2022)
2021Reached 423 employees (December 2021)
2021Reached 323 employees (August 2021)
2021Reached 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 Bhavin Shah.

How much funding does Moveworks have?

Moveworks raised $3.1B across 4 rounds.

How many employees does Moveworks have?

Moveworks has 607 employees.

Where is Moveworks headquarters?

Moveworks is headquartered in Mountain View, California, United States.

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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