Sycamore Raises $65M to Build the Trusted Agent Operating System for the Enterprise

Funding led by Coatue and Lightspeed to build a trusted platform for autonomous enterprise AI.

PALO ALTO, Calif., March 30, 2026 — Sycamore today announced a $65 million seed round to build the operating system for autonomous enterprise AI. The platform enables organizations to deploy and operate AI agents with speed, security, and full operational control. The round was led by Coatue and Lightspeed Venture Partners, with additional participation from Abstract Ventures, Dell Technologies Capital, 8VC, Fellows Fund, and E14 Fund.

Notable angel investors include: Bob McGrew (former Chief Scientist at OpenAI), Lip-Bu Tan (CEO of Intel), Ali Ghodsi (CEO of Databricks), BJ Jenkins (President of Palo Alto Networks), Frederic Kerrest (co-founder of Okta), Bipul Sinha (CEO of Rubrik), Mike Knoop (co-founder of Zapier and Ndea), Francois Chollet (co-founder of Ndea), Jerry Tworek (former Research Scientist at OpenAI), Soham Majumdar (co-founder of Rubrik and Wisdom AI), Rajiv Gupta (co-founder of Axiamatic), Anu Bhardwaj (former President of Atlassian), John Nay (founder of Norm Ai), Abhinav Gupta (co-founder of Skild AI), Deepak Pathak (co-founder of Skild AI), Jay Simons (General Partner at BOND), and Nima Khajehnouri (VP Engineering at Meta).

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 is already working with Fortune 500 design partners to deploy autonomous AI agents in production.

The Agent Operating System

Sycamore provides a full lifecycle platform for enterprise AI: discover, build, deploy, observe, and evolve.

• Trust by design: Agents earn autonomy through demonstrated reliability, progressing from observation to action. Every operation is isolated, auditable, and governed from the start.
• Adaptive system generation: Users describe intent in natural language. Sycamore generates production-ready systems, including applications, integrations, and agents, tailored to the enterprise environment.
• Continuous improvement: Agents learn from outcomes, improving performance over time while capturing institutional knowledge across deployments.
• Collective intelligence: Sycamore surfaces organizational knowledge, connecting data, workflows, and expertise across teams to enable coordinated, multi-agent execution.

“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.

“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.

The Founder

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. Learn more at sycamore.so and @SycamoreLabs on X.

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. Further information is available at www.coatue.com. Follow Coatue Management on LinkedIn and @Coatuemgmt on X.

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. Learn more at lsvp.com.