Startup profile · funding coverage
Console funding, valuation and investors
AI-native IT service desk that resolves Slack/Teams requests with agents — acquired by Palo Alto Networks in September 2026.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$23M · 2025
Latest known valuation
PitchBook last mark $157M via TechCrunch
Acquisition · September 2026
Total disclosed equity funding
$29M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
acquired
acquired · San Francisco, California, USA
Investors in latest funding
Lead: DST Global , Thrive Capital
Latest tracked event: Acquisition (September 2026). It is shown separately because it is not counted as disclosed equity funding.
Overview
Console (console.com) is a San Francisco IT-agent platform founded in 2024 by Andrei Serban after Fuzzbuzz was acquired by Rippling. Employees submit requests in Slack or Microsoft Teams; Console’s agents attempt to resolve password resets, app access, and troubleshooting against playbooks and identity systems. The company note names Databricks, Webflow, Scale AI, and Flock Safety as customers and says they automate over 50% of support requests. On September 1, 2026 Palo Alto Networks said it has acquired Console to deepen agentic workflows inside Cortex. TechCrunch reported a $500 million cash-and-stock price on September 2; PANW declined to comment on that figure. Thrive Capital does have a Venture Capital Tracker /fund/ page; DST Global does not.
Why Console is interesting
Palo Alto Networks announced on September 1, 2026 that it has acquired Console. Official terms were not disclosed. TechCrunch, citing two people, reported $500 million in cash and stock versus a $157 million PitchBook last mark and $29 million raised. Thrive Capital led the seed; DST Global and Thrive co-led the $23 million Series A. This is console.com, not PANW’s firewall console.
Product & use cases
AI-native ITSM: employees request in Slack or Teams; agents execute playbooks against Okta, MDM, and ticketing systems, with human fallback in a shared inbox.
- Password resets, app access (Figma, Miro), and routine IT troubleshooting without a ticket queue
- Policy-gated access grants with audit trail
- Expansion into HR/finance request routing (company product surface; less evidenced than IT)
Key facts
- Sep 1, 2026: Palo Alto Networks announced it has acquired Console (company PR). Terms not in the release.
- Sep 2, 2026: TechCrunch reported $500M cash and stock from two people; PANW declined to comment on price.
- PitchBook last mark $157M via TechCrunch. $29M raised: $6.2M seed (Thrive), $23M Series A (DST + Thrive, company note).
- Named customers in press/company materials include Flock Safety, Ramp, Cursor, Databricks, Scale AI.
- Not PANW’s Cloud NGFW / Strata console product surface.
Funding history (newest first)
Acquisition
2026-09 $500M cash and stock (TechCrunch, two people; official terms undisclosed) Valuation: PitchBook last mark $157M via TechCrunch- Palo Alto Networks
Investors in our directory
Funds linked from Console's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: A two-year-old IT-agent stack that a public cybersecurity platform bought to attach to Cortex — the diligence question is whether help-desk agents transfer to security operations, not whether the help desk existed.
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Serval direct
TechCrunch’s named remaining independent ITSM-agent peer; $75M Series B led by Sequoia, $1B valuation (December 2025, via TC’s Console story). No /startup/serval page here.
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ServiceNow incumbent
Legacy ITSM ticket platform Console positioned against.
Industries
Related funding articles
Venture Capital Tracker pieces that cover Console's financing or category context.
- Did Palo Alto Networks Buy Console? Yes. $500M Is Still Reported.
- September 2–3 VC News: Wonderful $5B, Console $500M Reported, iPronics $125M
- September 2026 VC News: Nvidia–Hugging Face $12.93B Agreed, Nscale $3.5B Ask
- Did ServiceNow Buy Sweep? Spokesperson Yes. $400M Is Still Reported.
- September 5–6 VC News: Swish $250M Fund III, ServiceNow–Sweep Reported
FAQs about Console
Practical answers founders, operators, and investors typically search for.
Last updated:
Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.