Sequoia Capital | Activity

Investment

Sequoia led Whop's Series D round. Whop is an all-in-one platform for online entrepreneurs, already at $500M run-rate revenue with 10,000 new businesses created daily. Doug Leone joins the board. Shopify Ventures also participated.

Whop

Whop Sequoia Capital

sequoiacap.comOCT 21, 2026

OCT 21, 2026

Milestone

Sequoia published a spotlight on Serval, an AI-powered IT service management platform founded by Jake Stauch and Alex McLeod. Serval automates IT ticketing, workflow automation, and access management. Sequoia partner Anas Biad led the investment.

Serval

Serval Sequoia Capital

sequoiacap.comOCT 6, 2026

OCT 6, 2026

Milestone

Cyera, a Sequoia-backed data security company, is acquiring Oasis Security (also Sequoia-backed) to build a complete AI security platform spanning data, identity and agents. Sequoia backed both companies since their Series A rounds.

Cyera

Cyera Sequoia Capital

sequoiacap.comJUL 28, 2026

JUL 28, 2026

Talk

Sequoia hosted its fourth annual AI Ascent in San Francisco, bringing together 150+ leading founders and researchers including Demis Hassabis, Andrej Karpathy, Greg Brockman. Partners declared 2026 the year of agents and discussed long-horizon agents, robotics, and AI infrastructure.

Sequoia Capital

Sequoia Capital Sequoia Capital

sequoiacap.comMAY 8, 2026

MAY 8, 2026

Investment

Invested in Reflection AI (DeepSeek alternative), facilitating $500M Nvidia partnership.

Reflection AI

Reflection AI Sequoia Capital

techcrunch.com

Added recently

Investment

Backed AI reliability engineering platform Traversal, connecting with 30+ potential customers.

Traversal

Traversal Sequoia Capital

techcrunch.com

Added recently

Investment

Led seed investment in security testing platform Xbow, recruiting former Databricks CRO to board.

Xbow

Xbow Sequoia Capital

techcrunch.com

Added recently

New Fund

Closed Expansion Fund with $7B, nearly double the 2022 vehicle, under new leadership.

Expansion Fund

Sequoia Capital

techcrunch.comAPR 16, 2026

APR 16, 2026

New Fund

Sequoia Capital closed a $7 billion expansion strategy fund focused on late-stage AI investments under new co-stewards Alfred Lin and Pat Grady.

$7 Billion Expansion Strategy Fund

Sequoia Capital

techcrunch.comAPR 2026 bloomberg.com

APR 2026

New Fund

Closed $7B expansion strategy fund for late-stage AI investments under new leadership (Alfred Lin and Pat Grady as co-stewards).

Expansion Strategy Fund ($7B)

Sequoia Capital

techcrunch.comAPR 2026

APR 2026

Exit

Portfolio company Rec Room shut down operations and sold select assets to Snap after failing to achieve profitability.

Recroom

Recroom Sequoia Capital

roadtovr.comMAR 2026

MAR 2026

Essay

Thesis on AI-native services replacing traditional software as the dominant business model.

Services: The New Software

Sequoia Capital

sequoiacap.comMAR 2026 sequoiacap.com

MAR 2026

Essay

Sequoia partners Pat Grady and Sonya Huang published a landmark essay declaring AGI is here, defined as 'the ability to figure things out.' They argue long-horizon agents are functionally AGI and 2026 will be their year, with profound implications for founders building AI-native services.

Sequoia Capital

Sequoia Capital Sequoia Capital

sequoiacap.comJAN 14, 2026

JAN 14, 2026

Essay

Published thesis on AGI and long-horizon agents as a functional definition of artificial general intelligence.

2026: This is AGI

Sequoia Capital

sequoiacap.comJAN 14, 2026 sequoiacap.com

JAN 14, 2026

Sequoia Capital Activity

Sequoia led Whop's Series D round. Whop is an all-in-one platform for online entrepreneurs, already at $500M run-rate revenue with 10,000 new businesses created daily. Doug Leone joins the board. Shopify Ventures also participated.

Sequoia published a spotlight on Serval, an AI-powered IT service management platform founded by Jake Stauch and Alex McLeod. Serval automates IT ticketing, workflow automation, and access management. Sequoia partner Anas Biad led the investment.

Cyera, a Sequoia-backed data security company, is acquiring Oasis Security (also Sequoia-backed) to build a complete AI security platform spanning data, identity and agents. Sequoia backed both companies since their Series A rounds.

Sequoia hosted its fourth annual AI Ascent in San Francisco, bringing together 150+ leading founders and researchers including Demis Hassabis, Andrej Karpathy, Greg Brockman. Partners declared 2026 the year of agents and discussed long-horizon agents, robotics, and AI infrastructure.

Invested in Reflection AI (DeepSeek alternative), facilitating $500M Nvidia partnership.

Backed AI reliability engineering platform Traversal, connecting with 30+ potential customers.

Led seed investment in security testing platform Xbow, recruiting former Databricks CRO to board.

Closed Expansion Fund with $7B, nearly double the 2022 vehicle, under new leadership.

Sequoia Capital closed a $7 billion expansion strategy fund focused on late-stage AI investments under new co-stewards Alfred Lin and Pat Grady.

Closed $7B expansion strategy fund for late-stage AI investments under new leadership (Alfred Lin and Pat Grady as co-stewards).

Portfolio company Rec Room shut down operations and sold select assets to Snap after failing to achieve profitability.

Thesis on AI-native services replacing traditional software as the dominant business model.

Sequoia partners Pat Grady and Sonya Huang published a landmark essay declaring AGI is here, defined as 'the ability to figure things out.' They argue long-horizon agents are functionally AGI and 2026 will be their year, with profound implications for founders building AI-native services.

Published thesis on AGI and long-horizon agents as a functional definition of artificial general intelligence.