Eight ex-ServiceNow salespeople have been poached by upstart rival Serval as companies race to compete in the AI boom [Business Insider]
ServiceNow, Inc. (NOW)
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Source: Business Insider
Become an Insider and start reading now. Have an account? Log in Eight salespeople from ServiceNow have jumped ship to rival startup Serval in recent months. Two of the salespeople cited fears about AI as their reason for leaving ServiceNow. ServiceNow's stock has tumbled 40% in the last six months in the so-called SaaS-pocalypse. Eight salespeople from ServiceNow and its newly acquired subsidiary, Moveworks, have jumped ship to rival startup Serval in recent months, Business Insider has learned. Loading audio narration... ServiceNow is a cloud computing software company whose stock has tumbled 40% in the last six months in the so-called SaaS-pocalypse, as investors fear AI could decimate the profit margins of software giants. In an effort to stay one step ahead in the AI race, ServiceNow closed an all-cash $2.85 billion acquisition of Moveworks in December to create an "AI-native front door." The same month, Serval closed a $75 million Series B funding round led by Se
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News
- How ServiceNow uses internal AI pilots to launch successful customer tools [Business Insider]Business Insider
- ServiceNow Cohesity Alliance Targets Resilient AI Agents And Stickier Enterprise Workflows [Yahoo! Finance]Yahoo! Finance
- ServiceNow (NOW) Gets Upgraded to Outperform From Neutral by BNP Paribas – Here's Why [Yahoo! Finance]Yahoo! Finance
- Why Intuit says it is insulated from AI disruption [Yahoo! Finance]Yahoo! Finance
- Why The Capita (LSE:CPI) Story Is Shifting Toward Execution Risk And Fair Value Caution [Yahoo! Finance]Yahoo! Finance
NOW
Earnings
- 1/28/26 - Beat
NOW
Sec Filings
- 3/2/26 - Form S-8
- 3/2/26 - Form S-8
- 3/2/26 - Form 4
- NOW's page on the SEC website