Traversal - About the company
Traversal is a series A company based in New York City (United States), founded in 2023 by Ahmed Lone, Anish Agarwal, Raj Agrawal 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 75 active competitors, including 23 funded and 8 that have exited. Its top competitors include companies like PagerDuty, BigPanda and Resolve.ai.
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
Investors
Ranked
11th among 75 active competitors
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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 | 7984648 | Series A | 5131608 | 4028803 | 2687445 | 8159027 |
Jun 18, 2025 | 9977085 | Seed | 3731418 | 1230897 | 8697523 | |
Jun 18, 2025 | 1478663 | Series A | 9699299 | 8784883 |
View details of Traversal's funding rounds and investors
Traversal's founders and board of directors
Founder? Claim ProfileThe founders of Traversal are Ahmed Lone, Anish Agarwal, Raj Agrawal and Raaz Dwivedi. Anish Agarwal is the CEO of Traversal.
Here are the details of Traversal's key team members:
- Ahmed Lone: Co-Founder of Traversal. Contact Info: 1 email address
- Anish Agarwal: Co-Founder & CEO of Traversal. Contact Info: 1 email address
- Raj Agrawal: Co-Founder of Traversal. Contact Info: 1 email address
- Raaz Dwivedi: Co-Founder of Traversal. Contact Info: 1 email address
View details of Traversal's Founder profiles and Board Members
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Traversal's Competitors and alternates
Top competitors of Traversal include PagerDuty, BigPanda and Resolve.ai. Here is the list of Top 10 competitors of Traversal, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PagerDuty 2009, San Francisco (United States), Public | Cloud based platform offering incident management software | $174M | 84/100 | |
2nd | BigPanda 2012, Redwood City (United States), Series E | Cloud based IT infrastructure monitoring software | $340M | 71/100 | |
3rd | Resolve.ai 2024, San Francisco (United States), Series A | Provider of an AI platform for incident resolution and cost optimization | $160M | 63/100 | |
4th | incident.io 2021, San Francisco (United States), Series B | Cloud based security and information management systems provider | $96.2M | 61/100 | |
5th | NeuBird 2023, San Mateo (United States), Seed | Provider of agentic artificial intelligence for autonomous incident resolution solutions | $44.5M | 59/100 | |
6th | CYGNVS 2021, Los Altos (United States), Series A | Platform for cyber crisis management | $55M | 59/100 | |
7th | InsightFinder 2015, New York City (United States), Series A | Provider of AI and IT observability solutions for enterprise organizations | $14.8M | 58/100 | |
8th | Gremlin 2016, San Jose (United States), Series B | Provider of reliability platform for chaos engineering and disaster recovery testing | $26.8M | 58/100 | |
9th | Blameless 2017, Palo Alto (United States), Acquired | Cloud based platform offering incident management solution | $50.1M | 57/100 | |
10th | Last9 2020, Sunnyvale (United States), Series A | Provider of unified observability platform for logs, traces, metrics, and alerting | $13M | 56/100 | |
11th | Traversal 2023, New York City (United States), Series A | Developer of an AI platform for incident resolution and prevention | $53M | 54/100 |
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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 5 events in the last 1 year, 1 of them has been about people movement.
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Traversal Expands Executive Team with Six Senior Leaders Across Go-to-Market and EngineeringBusiness Wire•Mar 11, 2026•Traversal
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Traversal Announces Strategic Investment from Amex VenturesBusiness Wire•Mar 04, 2026•Traversal, American Express, Amex Ventures
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Prophet Security Secures Investments from Amex Ventures and Citi VenturesCNW•Feb 25, 2026•Prophet Security, Citi, American Express, Amex Ventures and 7 others
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Traversal Secures $48M Funding to Enhance Site Reliability with AISiliconAngle•Jun 18, 2025•Traversal, Sequoia Capital, Kleiner Perkins
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