Cloudzero

Cloud cost management and optimization platform

Boston, Massachusetts, United States

About Cloudzero

CloudZero helps businesses manage and optimize their cloud costs by providing a platform that monitors spending in real-time. It integrates with major cloud service providers like AWS, GCP, and Azure, allowing users to analyze their expenses and identify savings opportunities. Unlike competitors, CloudZero offers detailed cost metrics without needing perfect tagging of resources and incorporates AI for enhanced analytics. The goal is to enable financial transparency and efficiency in cloud usage, with clients often seeing significant cost reductions within the first year.

Boston, MassachusettsHeadquarters
2016Year Founded
$55.6MTotal Funding
LATE_VCCompany Stage
Enterprise Software, AI & Machine LearningIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Company Equity
401(k) Retirement Plan
Flexible Work Hours
Paid Vacation

Risks

Emergence of competitors like Espresso AI threatens CloudZero's market share.
Reliance on partnerships with MongoDB and Databricks poses risks if disrupted.
Complexity of CloudZero's platform may deter clients seeking simpler solutions.

Differentiation

CloudZero integrates with MongoDB Atlas and Databricks, offering unique cloud cost optimization tools.
CloudZero Academy establishes thought leadership through education and certification programs.
CloudZero Intelligence leverages AI from Anthropic and AWS for enhanced predictive capabilities.

Upsides

CloudZero's Visionary status in Gartner Magic Quadrant boosts credibility and market positioning.
Partnership with FinOps Foundation enhances multi-cloud cost management appeal.
CloudZero's AI-driven platform attracts AI-focused clients seeking predictive capabilities.

Funding

Total raised$55.57 M
Latest valuation$160.00 M
StageLATE_VC
LATE VC
10/31/2023
$10
$160.00 M
EARLY VC
11/30/2020
$8
$40.00 M
$5
$25.00 M
N/A
$2.50 M