Accel and Cherry Ventures co-lead the round with participation from DIG Ventures, backing Dash0’s mission to redefine observability with Agent0
NEW YORK — October 2, 2025 — Dash0, the company pioneering AI-native observability, announced today it has raised a $35 million Series A funding round. The round was co-led by existing investors Accel and Cherry Ventures, with participation from existing investor DIG Ventures, who doubled down on their investment.
Dash0 is building the first AI-native observability platform with Agent0 at its core — an SRE AI agent that acts as a copilot to help developers and operators fix application and infrastructure issues and create artifacts such as alerts, dashboards, and pipeline rules. Agent0 is built on Dash0’s SIFT framework, a four-step framework (Spam filter, Ingest, Filter, Triage) that the company has already delivered to hundreds of customers. With this proven foundation on top of OpenTelemetry and other industry standards, Agent0 brings the next logical step: turning observability from insights into action.
“Observability today is broken: too noisy, too expensive, and too complex,” said Mirko Novakovic, Founder & CEO of Dash0. “With SIFT, we’ve already built the foundation to remove noise, enrich signals, and surface root causes. Now, with Agent0, we put an AI-native copilot at the heart of observability — a system that can act on insights and help users resolve issues in real time. This funding will allow us to accelerate our growth in the US and Europe and double down on R&D to deliver on this vision.”
Since launching just nine months ago, Dash0 has acquired more than 270 customers across industries, establishing itself as one of the fastest-growing platforms in the observability space.
“Mirko and his team have a proven track record of building category-defining companies in observability, and with Dash0, they are once again ahead of the curve,” said Christian Meermann, Partner at Cherry Ventures. “By building on their SIFT framework and making Agent0 the centerpiece, Dash0 is redefining how observability will work in the AI era: open, actionable, and AI-native.”
“We are excited to continue our partnership with Mirko and the Dash0 team,” said Harry Nelis, Partner at Accel. “The combination of their deep experience, the rapid adoption of the platform, and the vision for Agent0 as an AI-native copilot positions Dash0 to become a leader in the next generation of observability. Dash0 has already shown incredible momentum in less than a year, and this is only the beginning.”
About Dash0
Dash0 is the first AI-native observability platform, powered by Agent0 and built on the SIFT framework, a five-step pipeline for making telemetry data usable and actionable. Agent0 transforms logs, traces, and metrics into guided actions, creating alerts, dashboards, and pipelines with context and precision. Built on OpenTelemetry and open standards, Dash0 provides a modern, easy-to-use, and transparently priced alternative to legacy observability tools. Founded in 2023 by Mirko Novakovic and the team behind Instana, Dash0 is headquartered in New York, USA, with a growing team across the US and Europe.
Learn more at www.dash0.com.
About Cherry Ventures
Cherry Ventures is Europe’s leading early-stage venture capital firm led by a team of founders and operators with experience building fast-scaling companies such as Spotify, Zalando, and Uber. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy, scaling of their business, and team formation across all crucial stages in their journey. Cherry Ventures has previously invested in the pre-seed and seed stages of over 100 companies across Europe, including FlixBus, Auto1 Group, Flaschenpost, Moss, The Exploration Company, Forto, and Proxima Fusion. With operations in Berlin, London, and Stockholm, Cherry Ventures invests across Europe and across industries. www.cherry.vc
About Accel
Accel is a global venture capital firm that partners with exceptional founders from the earliest stages through all phases of growth. Accel has backed companies including Atlassian, UiPath, Spotify, and Instana. Learn more at www.accel.com.
