Sycamore has announced a $65 million seed round to build the operating system for autonomous enterprise AI, enabling organizations to deploy and operate AI agents with speed, security, and full operational control. The round was led by Coatue and Lightspeed Venture Partners.
The $65 million seed round was led by Coatue and Lightspeed, with participation from Abstract Ventures, Dell Technologies Capital, 8VC, Fellows Fund, and E14 Fund.
Sycamore provides a full lifecycle platform for enterprise AI: discover, build, deploy, observe, and evolve.
The platform enables trust by design, with agents earning autonomy through demonstrated reliability and every operation isolated, auditable, and governed.
Users describe intent in natural language, and Sycamore generates production-ready systems including applications, integrations, and agents.
Sycamore is working with Fortune 500 companies to deploy autonomous AI agents.
The company was founded by Sri Viswanath, former CTO of Atlassian, who previously served as an investor at Coatue and CTO at Groupon.
AI agents are the next major platform shift in enterprise computing. Models can now reason and act, but enterprises lack the infrastructure to deploy them safely and at scale. Sycamore is building that foundation.
Sycamore provides a full lifecycle platform for enterprise AI: discover, build, deploy, observe, and evolve. The platform emphasizes trust by design, with agents earning autonomy through demonstrated reliability, progressing from observation to action. Every operation is isolated, auditable, and governed from the start.
Users describe intent in natural language, and Sycamore generates production-ready systems, including applications, integrations, and agents, tailored to the enterprise environment. Agents learn from outcomes, improving performance over time while capturing institutional knowledge across deployments. The platform also surfaces organizational knowledge, connecting data, workflows, and expertise across teams to enable coordinated, multi-agent execution.
“Every enterprise system today is built for humans doing the work. The next generation of enterprise software will be autonomous, continuously learning, and adaptive. Sycamore is building the operating system for that future, with a foundation of trust, security, and control,” said Sri Viswanath, Founder and CEO of Sycamore.
“Sri is one of the few founders who has built enterprise platforms at true global scale. Sycamore sits at the intersection of two major shifts: AI adoption and agent security. We believe this team is uniquely positioned to define the category,” said Raviraj Jain, Partner at Lightspeed Venture Partners.
“Every boardroom conversation today includes AI agents, but the platform to support them isn’t there yet. Enterprises need a trust and governance layer before autonomy can scale. We call this a BFI (Big F Idea) at Coatue: a market that expands the entire category. We see Sycamore as that foundational platform,” said Thomas Laffont, Co-founder of Coatue.
Sri Viswanath has spent over two decades building enterprise platforms at global scale, from Sun Microsystems and VMware to CTO roles at Groupon and Atlassian, where he led its cloud transformation. As an investor at Coatue, he saw firsthand how quickly enterprises were adopting AI and how great the need was for systems that could govern, secure, and operationalize it. He founded Sycamore to build the operating system for autonomous enterprise AI.
The funding will support expansion of Sycamore’s engineering and applied AI teams, deeper enterprise deployments, and an R&D initiative focused on trust architectures, memory systems, and multi-agent coordination.
About Sycamore
Sycamore is building the trusted operating system for autonomous enterprise AI. Founded by Sri Viswanath, former CTO of Atlassian, Sycamore enables organizations to build, deploy, and orchestrate AI agents with security, governance, and human oversight. The platform captures and compounds organizational intelligence over time, enabling systems that continuously improve.
The team includes researchers from Stanford and Cornell and engineers from Meta, Google, Atlassian, and other leading technology companies. Sycamore is headquartered in Palo Alto, California and is actively hiring across engineering, applied AI, security, and infrastructure.
About Coatue
Coatue is a global technology investment platform with more than $70 billion in assets under management. Coatue’s integrated team of investors, technologists, and data scientists invests across public and private markets through a range of strategies. The firm is known for its long-standing, research-driven approach to backing companies shaping the future of technology.
About Lightspeed
Lightspeed is a global, multi-stage venture capital firm managing over $40 billion in assets. Since its founding in 2000, Lightspeed has been the first investor and an early backer of some of the most innovative companies in the world, including Abridge, Anthropic, Anduril, Castelion, Databricks, Glean, Mistral, Navan, Neko Health, Netskope, Thinking Machines, Reflection AI, Rubrik, Snap, Skild AI, Vinted, Wiz, and more.
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