How much funding has CloudZero raised?

CloudZero has raised $88.0M across 2 funding rounds.

CloudZero Analysis: $88M Raised

What is CloudZero?

CloudZero specializes in automating the collection, allocation, and analysis of cloud and AI spending. Their unique approach integrates various data sources into a single view, enabling organizations to identify waste and optimize costs effectively. This transformation allows businesses to improve unit economics and drive growth by making informed financial decisions.

Employees

51-200

Founded

2019

Industry

SaaS, Data Analytics, AI/ML

Latest Funding Round Size

Series C

Parent Company Website

cloudzero.com

Public Company Status

Private

Recent Venture Round Amount

$56,000,000

Product Features & Capabilities

Cost optimization platform for cloud and AI spending
Anomaly detection for unexpected cost spikes
Budget management tools for financial accountability
Integration with over 50 cloud and data providers
Analytics for deep insights into unit economics

Use Cases

Optimize cloud spending to enhance profitability; Detect anomalies in cloud costs to prevent overspending; Allocate shared costs accurately across teams; Manage budgets effectively to ensure financial health; Measure AI ROI to justify investments

How much CloudZero raised

Series C - $56 million

2025-05-30

Lead Investor: BlueCrest Capital Management, Innovius Capital, MongoDB Inc., Matrix Partners, Threshold Ventures, Underscore VC, G20 Ventures

Series B - $32 million

2023-06-12

Lead Investor: Innovius Capital, Threshold Ventures, Matrix Partners, Underscore VC, G20 Ventures

Who are the founders of CloudZero

Erik Peterson

Founder and CTO

Phil Pergola

CEO

Other Considerations

Manages over $14 billion in cloud spend; Offers a 14-day free trial for qualified accounts; Recognized in the 2024 Gartner Magic Quadrant for Cloud Financial Management Tools