Fossils of the type species, S. mirigolensis, have been found from the middle Grenzbitumenzone, the oldest strata of Monte San Giorgio, Switzerland, an area well known for its abundant pachypleurosaur remains. The locality dates back to sometime around the Anisian/Ladinian boundary of the Middle Triassic, around 237 Ma, with Serpianosaurus most likely occurring strictly during the earliest Ladinian. This makes it the oldest sauropterygian from Monte San Giorgio known to date. Certain aspects of its morphology also suggest it is one of the most basal forms.