San Francisco-based startup Atomicwork raises fresh capital to expand its AI-driven IT service management solutions, with backing from Khosla Ventures, Z47, Battery Ventures, and others.
Atomicwork, a startup specializing in AI-powered enterprise IT service management, has raised $25 million in a Series A round led by Khosla Ventures and Z47 (formerly Matrix Partners India). Other investors include Battery Ventures, Blume Ventures, and Peak XV Partners.
Founded in September 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar, Atomicwork focuses on agentic service management—a new approach that integrates enterprise knowledge graphs with agentic AI to automate IT workflows. This enables IT teams to shift from routine maintenance to strategic decision-making.
A Vision for AI-Driven IT Management
CEO Vijay Rayapati emphasized the company’s mission:
“We are pioneering agentic service management to transform how companies manage their IT workflows and enterprise services. This investment validates our vision of a future where smarter IT teams drive business growth.”
With the fresh capital, Atomicwork plans to expand its AI-driven service management platform, scale its go-to-market efforts, and enhance enterprise integrations for seamless adoption.
Growing Market Adoption
Atomicwork is already seeing traction with Zuora and Pepper Money as clients, using its AI-driven solutions to optimize IT operations. The company’s automation tools provide real-time insights and intelligent task management, improving efficiency across organizations.
Our Opinion on the News
This funding round highlights growing investor confidence in AI-powered IT management. By blending agentic AI with ITSM tools, Atomicwork is well-positioned to disrupt traditional enterprise IT workflows. Backed by leading venture firms and with a clear scalability roadmap, the company is poised for strong market expansion.