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AI SRE Resolve AI confirms $125M raise, unicorn valuation

Summary

Resolve AI, a startup that uses AI to automate system reliability engineering and troubleshoot IT system failures, has raised $125 million in a Series A round at a $1 billion valuation. The round was led by Lightspeed Venture Partners, with participation from existing investors. Resolve was co-founded by former Splunk executives and is part of the emerging 'AI SRE' category, along with another Sequoia-backed startup called Traversal.

Resolve AI, a startup automating the work of system reliability engineering (SRE), aka troubleshooting system failures, has announced a $125 million Series A at a $1 billion valuation. The round was led by Lightspeed Venture Partners, with participation of existing investors including Greylock Partners, Unusual Ventures, Artisanal Ventures, and A*. The announcement confirms TechCrunch’s December report that the startup was raising at a billion-dollar valuation led by Lightspeed. Sources told TechCrunch at the time that the round may have consisted of multiple tranches, at different prices, which could have put the company’s actual blended valuation below $1 billion. A spokesperson for Resolve denied that there were multiple tranches in the round, saying that 100% of the equity was purchased at a valuation of $1 billion. As we previously reported, this kind of structure allows certain investors, often the lead, to purchase a significant portion of equity at a lower price. Resolve was co-founded in early 2024 by two former Splunk executives, Spiros Xanthos and Mayank Agarwal. Their previous startup, Omnition, was acquired by Splunk in 2019. Another startup applying AI to identify and resolve system outages is the Sequoia-backed Traversal. The emerging category is known as AI SRE. Techcrunch event TechCrunch Founder Summit 2026: Tickets Live On June 23 in Boston, more than 1,100 founders come together at TechCrunch Founder Summit 2026 for a full day focused on growth, execution, and real-world scaling. Learn from founders and investors who have shaped the industry. Connect with peers navigating similar growth stages. Walk away with tactics you can apply immediatelySave up to $300 on your pass or save up to 30% with group tickets for teams of four or more. TechCrunch Founder Summit: Tickets Live On June 23 in Boston, more than 1,100 founders come together at TechCrunch Founder Summit 2026 for a full day focused on growth, execution, and real-world scaling. Learn from founders and investors who have shaped the industry. Connect with peers navigating similar growth stages. Walk away with tactics you can apply immediatelySave up to $300 on your pass or save up to 30% with group tickets for teams of four or more. Boston, MA | June 23, 2026 REGISTER NOW
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