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.
Location
Boston, United States
Employees
51-200
Founded
2019
Industry
SaaS, Data Analytics, AI/ML
Funding Category
Series B
Latest Funding Round Size
Series C
Parent Company Website
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
How much CloudZero raised
Series C - $56 million
2025-05-30Lead Investor: BlueCrest Capital Management, Innovius Capital, MongoDB Inc., Matrix Partners, Threshold Ventures, Underscore VC, G20 Ventures
Series B - $32 million
2023-06-12Lead Investor: Innovius Capital, Threshold Ventures, Matrix Partners, Underscore VC, G20 Ventures
Who are the founders of CloudZero
EP
Erik Peterson
Founder and CTO
PP
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
Find more companies like CloudZero
Financial Overview
$88MTotal Raised
Series C$56 million
2025-05-30
Investors: BlueCrest Capital Management, Innovius Capital, MongoDB Inc., Matrix Partners, Threshold Ventures, Underscore VC, G20 Ventures
Series B$32 million
2023-06-12
Investors: Innovius Capital, Threshold Ventures, Matrix Partners, Underscore VC, G20 Ventures
