Big round · 3 November 2026

Traversal raises $120M Series B led by Khosla Ventures

By Millionrounds ResearchPublished 4 November 2026

Traversal, based in United States, has raised $120M in a Series B led by Khosla Ventures, Kleiner Perkins and Redpoint, announced on 3 November 2026. 3 other investors joined. It is the 430th largest equity round we recorded in the twelve months to that date, and the 85th largest Series B of 426. The median Series B over the same period was $50M, so this one is 2.4 times that. Its previous round on record was a seed round of $5.0M in March 2026, 8 months earlier.

Raised$120M6 sources reported it
StageSeries B1 earlier round on record
Investors63 named as lead
Where USUnited States

AIDevOps

How big is it?

Against every equity round we recorded in the twelve months to 3 November 2026. Ranks count companies, so the same raise reported twice is counted once.

#430equity round of the last twelve months
#85Series B of 426 in that time
#275round in United States, of 1,321
This round$120M
Median Series B$50M

2.4 times the median Series B of the last twelve months.

Who invested

Also in the round

Funding history

  1. November 2026Series B$120M
  2. March 2026Seed$5.0M

$125M raised across the 2 rounds we hold.

Reported by

  1. TechStartups3 November
  2. Securities.io3 November
  3. Unite.AI3 November
  4. Wowtale4 November
  5. Silicon Angle4 November
  6. wowtale.net4 November

The round's figures come from these reports; each link opens the original.

Other big rounds that week

Nooks$500M Growthfal$1.3B Series FNorthwood Space$375M Series CHypersonica$112M Series BGenRobot AI$100M Series A
The companyTraversal on Millionrounds→