ServiceNow will deploy $1 billion in investment capital by 2026 to ServiceNow Ventures, its global strategic investment arm.
The company aims to grow and scale the next generation of enterprise technology companies in combination with its ServiceNow Platform. Core investment areas include AI, ML, hyper automation, distributed cloud, total experience, and data intelligence. In addition to investing capital, ServiceNow Ventures advises companies at all stages of growth, from validating product strategy to helping scale go‑to‑market programs.
“Net‑new innovation is the only way forward. With our multi‑faceted investment strategy, ServiceNow Ventures is seeking out visionary founders and their game‑changing ideas to bring greater value to the ServiceNow Platform, our broader ecosystem, and the industry as a whole,” said Philip Kirk, senior vice president of corporate business development at ServiceNow. “With a steadfast commitment to transform the future of work, we are excited to deepen our investments, collaboration, and mentorship with companies that share in our purpose and mission to revolutionize the way work gets done.”
"There is a significant opportunity to accelerate growth with both new and emerging go‑to‑market partners in targeted regions across the world,” said David Parsons, senior vice president of ecosystem ventures at ServiceNow. “The goal of our Ecosystem Ventures initiative is to make strategic investments that can close specific go‑to‑market capability, competency, and capacity gaps.”
