Diligence memo · auto-generated · as of July 2, 2026
ServiceNow, Inc.
ServiceNow, Inc. looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
ServiceNow, Inc. operates in Other Technology, based in SANTA CLARA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
ServiceNow, Inc. has raised $459M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $389M on 2025-05-30.
Most recent recorded round closed around 2025-05-30.
Valuation (modeled)modeled
Provath models ServiceNow, Inc. at approximately $3.6B (range $2.2B–$4.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 3.41× the median modeled value of Series D+ Other Technology companies in 2025–2027 (60 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 48 months.
Last raise 13 mo ago; this sector typically re-raises about every 13 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 35.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 100% of Other Technology peers (21302 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Castelion Corp, Cryptyde, Inc., Niantic Spatial, Inc., Robin Motor Ltd, D-Wave Quantum Inc..
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.