Tessera Labs, which uses AI agents to automate enterprise IT migrations and ERP transformations, raised a $60M Series A led by a16z at a $320M valuation (Anna Tong/Forbes)

<a href="https://www.forbes.com/sites/annatong/2026/05/05/this-22-year-old-just-raised-60-million-to-automate-this-sneaky-big-enterprise-market/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260507/i26.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260507/p26#a260507p26" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Anna Tong / <a href="http://www.forbes.com/">Forbes</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.forbes.com/sites/annatong/2026/05/05/this-22-year-old-just-raised-60-million-to-automate-this-sneaky-big-enterprise-market/">Tessera Labs, which uses AI agents to automate enterprise IT migrations and ERP transformations, raised a $60M Series A led by a16z at a $320M valuation</a></b></span>&nbsp; &mdash;&nbsp; Kabir Nagrecha is tackling the $1.4 trillion &ldquo;consulting tax&rdquo; on the IT transformation market with AI agents built to do something &hellip; </p>