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ServiceNow Acquires Sweep for $400 Million
PUBLIC · NOWSep 06, 2026•2 days ago
Acquiring Company
ServiceNow
Acquired Company
Sweep
Santa ClaraNew Yorkinformation technology & servicesSoftware
Description
ServiceNow has acquired the Israeli startup Sweep for approximately $400 million. Sweep specializes in technology that aids enterprises in managing complex systems and workflows. This acquisition continues ServiceNow's expansion in the Israeli technology market. The deal follows several other acquisitions in the region, enhancing ServiceNow's service offerings.
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed
Frequently asked
Who acquired Sweep?
Sweep was acquired by ServiceNow, based in Santa Clara. The deal was reported on September 6, 2026. ServiceNow (NYSE: NOW) is making the world of work, work better for people. ServiceNow is publicly traded (NOW) and operates in information technology & services.
When did ServiceNow acquire Sweep?
ServiceNow's acquisition of Sweep was reported on September 6, 2026. ServiceNow has acquired the Israeli startup Sweep for approximately $400 million. Sweep specializes in technology that aids enterprises in managing complex systems and workflows. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Sweep do?
Founded in 2020, Sweep is the all-in-one carbon emission management platform that helps large enterprises build a science-based and data-driven climate program. It is privately held, operating in Software, and is based in New York.
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Santa Clara