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Traversal - About the company

Traversal is a series A company based in New York City (United States), founded in 2023 by Ahmed Lone, Raj Agrawal, Anish Agarwal and Raaz Dwivedi. It operates as a Developer of an AI platform for incident resolution and prevention. Traversal has raised $53M in funding from Sequoia Capital and Kleiner Perkins. The company has 84 active competitors, including 24 funded and 8 that have exited. Its top competitors include companies like PagerDuty, BigPanda and Gremlin.

Company Details

Developer of an AI platform for incident resolution and prevention. The platform analyzes system health using natural language to provide system-level awareness. It simplifies alert triage by ranking alerts based on impact. The platform identifies root causes by analyzing telemetry, code changes, and dependencies. It also facilitates remediation through rollbacks and code changes. The platform compiles incident data into reports.
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series A
Total Funding
$53M in 3 rounds
Latest Funding Round
Ranked
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Traversal's funding and investors

Traversal has raised a total funding of $53M over 3 rounds. Its first funding round was on Jun 18, 2025. Its latest funding round was a Series A round on Mar 04, 2026 for $*****. 1 investor participated in its latest round. Traversal has 5 institutional investors.

Here is the list of recent funding rounds of Traversal:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 04, 2026
4982980
Series A
3974106
5620269
7979393
8442835
Jun 18, 2025
6874032
Seed
1857809
9244776
4092232
Jun 18, 2025
7957255
Series A
4808167
2816815
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Traversal's founders and board of directors

Founder? Claim Profile
The founders of Traversal are Ahmed Lone, Raj Agrawal, Anish Agarwal and Raaz Dwivedi. Anish Agarwal is the CEO of Traversal.
Here are the details of Traversal's key team members:
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Traversal's Competitors and alternates

Top competitors of Traversal include PagerDuty, BigPanda and Gremlin. Here is the list of Top 10 competitors of Traversal, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PagerDuty
PagerDuty
2009, San Francisco (United States), Public
Cloud based platform offering incident management software
$174M
83/100
2nd
Logo for BigPanda
BigPanda
2012, Redwood City (United States), Series E
Cloud based IT infrastructure monitoring software
$340M
72/100
3rd
Logo for Gremlin
Gremlin
2016, San Jose (United States), Series B
Provider of reliability platform for chaos engineering and disaster recovery testing
$26.8M
65/100
4th
Logo for Resolve.ai
Resolve.ai
2024, San Francisco (United States), Series A
Provider of an AI platform for incident resolution and cost optimization
$200M
64/100
5th
Logo for xMatters
xMatters
2000, San Ramon (United States), Acquired
Cloud-based incident management software provider
$88.3M
64/100
6th
Logo for NeuBird
NeuBird
2023, Redwood City (United States), Seed
Provider of agentic artificial intelligence for autonomous incident resolution solutions
$63.8M
62/100
7th
Logo for incident.io
incident.io
2021, San Francisco (United States), Series B
Cloud based security and information management systems provider
$96.2M
61/100
8th
Logo for InsightFinder
InsightFinder
2015, New York City (United States), Series B
Provider of AI and IT observability solutions for enterprise organizations
$35M
61/100
9th
Logo for CYGNVS
CYGNVS
2021, Los Altos (United States), Series A
Platform for cyber crisis management
$55M
59/100
10th
Logo for Rootly
Rootly
2020, San Francisco (United States), Series A
Provider of an AI-native platform for on-call and incident management
$15.2M
58/100
12th
Logo for Traversal
Traversal
2023, New York City (United States), Series A
Developer of an AI platform for incident resolution and prevention
$53M
55/100
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Traversal's Investments and acquisitions

Traversal has made no investments or acquisitions yet.

News related to Traversal

Media has covered Traversal for a total of 6 events in the last 1 year, 1 of them has been about people movement.
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