Vinod Khosla's Khosla Ventures, others invests $25 million in agentic AI startup Atomicwork

Bengaluru and San Francisco-based agentic service management startup Atomicwork has raised $25 million in a Series A funding round led by Khosla Ventures and Z47, with participation from Battery Ventures, Blume Ventures, and Peak XV Partners. 

The startup says the new infusion of capital accelerates its mission to transform IT service management (ITSM) with its innovative AI-native platform that modernizes how businesses operate and drive growth.

What does Atomicwork do?

Founded by Kiran Darisi, Vijay Rayapati and Parsuram Vijayasankar, Atomicwork helps enterprises reduce IT service costs and boost productivity through its agentic service management platform.

The startup eliminates manual IT tasks, reduces resolution times by 90%, and empowers IT teams to focus on strategic initiatives that drive growth.

"We are pioneering agentic service management to transform how companies manage their IT workflows and enterprise services," said Vijay Rayapati, who is also the CEO of Atomicwork.

Purpose of fundraising

Atomicwork will use the raised capital to further scale and deploy Enterprise AI agents and invest in GTM expansion. The startup plans to enhance its platform support for key enterprise integrations and ensure seamless scalability.

"This investment is a significant milestone, validating our vision of a future where smarter IT teams drive business growth and companies are empowered by technology, not bogged down by it. Our unified and adaptive self-service experience will enable businesses to move faster," Rayapati added.

It claims to serve global businesses like Zuora and Pepper Money.

Investors comment

“Atomicwork’s AI agents can autonomously handle everyday IT services, and employees can then focus on actually growing the business,” said Kanu Gulati of Khosla Ventures. “This is the AI innovation that large organizations need to radically transform how they work.”

"Atomicwork has built a remarkable team and proven technology, and we’ve witnessed firsthand how they’re transforming IT service management for global businesses. Their potential is immense to redefine the future of enterprise IT with Agentic AI.” said Pranay Desai, Managing Director at Z47.  

“Having been part of their journey since the seed round, we’re thrilled to continue our partnership and support their next phase of growth. "