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The AlleyWatch Startup Daily Funding Report: 11/4/2026

Reported by Alleywatch
Nov 4, 2026· 2 min read
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Key Takeaways
  • • Traversal, an NYC-based AI platform that diagnoses and fixes software outages for enterprise engineering teams, raised $120M in Series B funding, according to AlleyWatch's daily funding report for November 4, 2026.
  • • The round was led by Kleiner Perkins, Redpoint Ventures, and Khosla Ventures, with participation from Sequoia Capital, Battery Ventures, and Amex Ventures.
  • • Traversal has now raised $173M in total reported equity funding since its founding in 2023.
  • • The company was founded by Anish Agarwal, Raaz Dwivedi, Raj Agrawal, and Ahmed Lone.
Summary
Traversal, an artificial intelligence platform focused on diagnosing and resolving software outages for enterprise engineering teams, has raised $120M in Series B funding, according to AlleyWatch's Startup Daily Funding Report for November 4, 2026. The round was led by Kleiner Perkins, Redpoint Ventures, and Khosla Ventures, with participation from Sequoia Capital, Battery Ventures, and Amex Ventures.

The company was founded in 2023 by Anish Agarwal, Raaz Dwivedi, Raj Agrawal, and Ahmed Lone. With this round, Traversal has raised a total of $173M in reported equity funding, per the same report.

The AlleyWatch report lists the deal as part of its daily tally of venture capital, seed, pre-seed, and angel transactions for New York City startups. The page was described as being updated throughout the day as additional fundings were reported. The source material does not include further detail on the company's valuation, product metrics, or customer base.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Alleywatch The AlleyWatch Startup Daily Funding Report: 11/4/2026