Resolve AI raises $125 million at $1B valuation
Business
Resolve AI just landed $125 million in Series A funding led by Lightspeed Venture Partners, putting the startup's valuation at a cool $1 billion.
Big names like Greylock Partners and Unusual Ventures also joined in.
Resolve AI's platform automatically spots and fixes tech issues
They build smart platforms that automatically spot and fix tech issues in real time—so engineers spend less time firefighting and more time building new features.
The startup is co-founded by 2 ex-Splunk execs
Founded in early 2024 by Spiros Xanthos and Mayank Agarwal (both ex-Splunk execs), the team brings serious experience from their last startup Omnition, which Splunk acquired in 2019.
It pulls in $4 million a year in recurring revenue.