Downtime is a crisis: one that costs global businesses an estimated $400 billion a year and can drain up to $1.9 million per hour during major incidents. For engineering teams, production failures often feel like cardiac arrests. As Anish Agarwal, co-founder and CEO of Traversal, put it: “An engineering team has two heart attacks a week.”
Fresh out of stealth with $48 million in combined seed and Series A funding from Sequoia Capital, Kleiner Perkins, NFDG, and Hanabi, Traversal is betting that artificial intelligence (specifically, a hybrid of causal machine learning and agentic AI) can finally crack one of the oldest, most persistent problems in software: root cause analysis. Their goal is to build an AI Site Reliability Engineer (SRE) for enterprise.
Despite decades of p
Translucent AI Targets Financial Pain Points of Healthcare Providers
Mukundan Sivaraj
