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Sycamore Labs Raises $65 Million Seed Round
Funding led by Coatue and Lightspeed to develop autonomous enterprise AI operating system
Mar. 31, 2026 at 11:23pm
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Sycamore, a startup founded in 2025 and based in Palo Alto, California, has announced a $65 million seed funding round led by Coatue and Lightspeed Venture Partners. The funding will help Sycamore develop an operating system for autonomous enterprise AI, emphasizing trust, security, and control.
Why it matters
As AI adoption continues to grow in enterprises, there is a need for a comprehensive platform that can manage the lifecycle of AI agents from discovery to deployment. Sycamore's platform aims to provide that foundation, addressing key concerns around trust and governance that have hindered wider AI autonomy in business operations.
The details
The $65 million seed round included investments from Abstract Ventures, Dell Technologies Capital, 8VC, Fellows Fund and E14 Fund. Notable angel investors include former OpenAI Chief Research Officer Bob McGrew, Intel CEO Lip-Bu Tan, and Databricks CEO Ali Ghodsi. Sycamore's platform focuses on revolutionizing enterprise computing by providing a lifecycle platform for AI agents that emphasizes trust, security, and auditability.
- Sycamore was founded in 2025.
- The $65 million seed funding round was announced on March 31, 2026.
The players
Sycamore
A startup founded in 2025 and based in Palo Alto, California, that is developing an operating system for autonomous enterprise AI.
Sri Viswanath
The founder and CEO of Sycamore, who previously held CTO roles at Atlassian and Groupon.
Coatue
A venture capital firm that co-led the $65 million seed funding round for Sycamore.
Lightspeed Venture Partners
A venture capital firm that co-led the $65 million seed funding round for Sycamore.
Raviraj Jain
A partner at Lightspeed Venture Partners who commented on the Sycamore investment.
What they’re saying
“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.”
— Sri Viswanath, Founder and CEO, 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.”
— Raviraj Jain, Partner, Lightspeed Venture Partners
“We see Sycamore as that foundational platform, emphasizing the need for a trust and governance layer before AI autonomy can scale in enterprises.”
— Thomas Laffont, Co-founder, Coatue
What’s next
Sycamore plans to use the $65 million in seed funding to bolster its engineering and AI teams and support further research and development on trust architectures and multi-agent coordination.
The takeaway
Sycamore's platform aims to provide the foundational infrastructure for enterprises to safely and securely deploy autonomous AI agents at scale, addressing key concerns around trust, security, and governance that have hindered wider AI adoption in business operations.
