Moveworks - About the company
Moveworks is an acquired company based in Mountain View (United States), founded in 2016 by Bhavin Shah, Vaibhav Nivargi, Varun Singh and Jiang Chen. It operates as a Developer of an AI assistant platform for enterprise workflow automation. Moveworks has raised $315M in funding from investors like Lightspeed Venture Partners, Tiger Global Management and Iconiq Capital, with last known valuation of $2.1B. The company has 3742 active competitors, including 282 funded and 217 that have exited. Its top competitors include companies like The Access Group, Visma and Box.
Sectors and market segments that Moveworks operate in
Moveworks serves in the High Tech, Native AI market segments.The primary business model of Moveworks are:Company Details
Developer of an AI assistant platform for enterprise workflow automation. The platform unifies content systems and business applications, providing search and end-to-end task automation. It deploys customizable AI agents designed for enterprise scale, streamlining workflows across various business applications. It understands, plans, executes, and adapts to complete requests within organizational workflows.
- Website
- www.moveworks.com/
- Social
- Email ID
- *****@moveworks.ai
- Registered Address
- Mountain View, California
Key Metrics
Founded Year
2016
Location
Mountain View, United States
Stage
Acquired
Total Funding
$315M in 3 rounds
Latest Funding Round
Last Known Valuation
$2.1B as on Jul 01, 2021
Investors
Ranked
4th among 3742 active competitors
Employee Count
661 as on May 31, 2026
Exit Details
Acquired by ServiceNow (Mar 10, 2025)
Legal entities associated with Moveworks
Moveworks is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MOVEWORKS PRIVATE LIMITED CIN: U72900KA2020PTC139908 , India, Active | Oct 17, 2020 | $1M - $10M (As on Mar 31, 2025) | 115 (As on Aug 31, 2025) | |
MOVEWORKS INC. CIN: 813024050 , United States, Active | Dec 31, 1999 | - | 374 (As on Dec 31, 2024) | - |
Moveworks's acquisition details
Moveworks got acquired by ServiceNow on Mar 10, 2025 at an acquisition amount of $*****.
Click here to take a look at Moveworks's acquisition in detail
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Moveworks's funding and investors
Moveworks has raised a total funding of $315M over 3 rounds. Its first funding round was on Apr 17, 2019. Its latest funding round was a Series C round on Jun 30, 2021 for $200M. 7 investors participated in its latest round. Moveworks has 13 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Moveworks:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 30, 2021 | $200M | Series C | $2.1B | - | ||
Nov 14, 2019 | $75M | Series B | - | - | ||
Apr 17, 2019 | $30M | Series A | - | - | - |
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Moveworks' founders and board of directors
Founder? Claim ProfileThe founders of Moveworks are Bhavin Shah, Vaibhav Nivargi, Varun Singh and Jiang Chen. Bhavin Shah is the CEO of Moveworks.
Here are the details of Moveworks' key team members:
- Bhavin Shah: Co-Founder & CEO of Moveworks and founder of 1 other company. Contact Info: 1 email address
- Vaibhav Nivargi: Co-Founder & CTO of Moveworks and founder of 1 other company.
- Varun Singh: Co-Founder & President of Moveworks.
- Jiang Chen: Former Co-Founder & CTO of Moveworks.
View details of Moveworks's Founder profiles and Board Members
Moveworks' employee count trend
Moveworks has 661 employees as of May 26. Here is Moveworks's employee count trend over the years:
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Moveworks's Competitors and alternates
Top competitors of Moveworks include The Access Group, Visma and Box. Here is the list of Top 10 competitors of Moveworks, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | The Access Group 1991, Loughborough (United Kingdom), Acquired | Developer of business management software for finance human resources payroll | $1.49B | 82/100 | |
2nd | Developer of cloud software for business management and accounting tasks | $198M | 82/100 | ||
3rd |  Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 80/100 | |
4th |  Moveworks 2016, Mountain View (United States), Acquired | Developer of an AI assistant platform for enterprise workflow automation | $315M | 73/100 | |
5th | Intalio 1999, Palo Alto (United States), Acquired | Provider of suite solutions for business process management | $55.4M | 72/100 | |
6th | Atomicwork 2022, Palo Alto (United States), Series A | AI based platform to streamline the IT service management and employee experience processes | $40.3M | 71/100 | |
7th |  WalkMe 2011, San Francisco (United States), Acquired | Provider of digital adoption platform | $308M | 70/100 | |
8th | Upland 2010, Austin (United States), Acquired | Provider of cloud software for marketing, sales, IT, and knowledge management | $31.4M | 69/100 | |
9th | Gumloop 2023, San Francisco (United States), Series B | AI-powered platform for building and hosting LLM powered automations | $70.6M | 68/100 | |
10th | Zapier 2011, San Francisco (United States), Seed | Provider of a platform for automating workflows and integrating applications | $2.68M | 68/100 |
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Moveworks's Investments and acquisitions
Moveworks has made no investments or acquisitions yet.
News related to Moveworks
Filter this listMedia has covered Moveworks for a total of 18 events in the last 1 year, 5 of them have been about partnerships and 4 about company updates.
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Moveworks from ServiceNow Achieves FedRAMP Moderate AuthorizationDestinationcrm•Feb 26, 2026•Moveworks, ServiceNow, Traceloop
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ServiceNow completes acquisition of MoveworksBusiness Wire•Dec 16, 2025•ServiceNow, Moveworks, Armis
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Moveworks and Unily Deepen Partnership to Transform the Intelligent Employee ExperienceBusiness Wire•Dec 12, 2025•Unily, Moveworks
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Moveworks Named to Inc.’s 2025 Best in Business List in Best in InnovationBusiness Wire•Dec 02, 2025•Moveworks
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Moveworks Recognized as a Winner of 2025 Microsoft Americas Partner of the Year AwardsBusiness Wire•Nov 13, 2025•Moveworks
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Moveworks and Simpplr Partner for Enhanced Digital Workplace FlexibilityPR Newswire•Oct 01, 2025•Simpplr, Moveworks
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Moveworks Deepens Partnership with Microsoft Through Marketplace IntegrationBusiness Wire•Sep 25, 2025•Moveworks, Microsoft
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Moveworks Partners with Asana to Deliver AI-Powered Work AutomationBusiness Wire•Sep 24, 2025•Moveworks, Asana
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ServiceNow's Moveworks Acquisition Faces Antitrust ReviewTechCrunch+•Jul 19, 2025•ServiceNow, Moveworks
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