Resolve AI Inc., a startup specializing in incident remediation, has achieved a significant milestone with a reported valuation of $1 billion following a recent funding round. The financing, categorized as Series A, features a multi-tranched structure where some shares were sold below the billion-dollar figure. Leading the investment is Lightspeed, with additional participation from various unnamed investors.
Founded by Spiros Xanthos and Mayank Agarwal, Resolve AI previously secured $35 million in seed funding from notable figures, including Greylock and AI experts such as Fei-Fei Li and Jeff Dean. The company’s platform utilizes artificial intelligence to assist enterprises in diagnosing and resolving technical issues by analyzing data from cybersecurity tools, cloud services, and project management applications.
By creating a knowledge graph that maps out a company’s infrastructure, Resolve AI enables customizable data usage for troubleshooting. Its technology can generate hypotheses about potential issues and deploy AI agents to investigate various scenarios, such as identifying the cause of a website outage. The platform also compiles incident timelines to clarify the sequence of events leading to technical failures.