Astuto - About the company
Astuto is a seed company based in Bengaluru (India), founded in 2023 by Sudhakar Gorti and Venkat Hari. It operates as an AI powered cloud spend management platform. Astuto has raised $337K in funding from Dharana, with a current valuation of ₹*****. The company has 256 active competitors, including 56 funded and 27 that have exited. Its top competitors include companies like Apptio, Vendr and Anodot.
Company Details
AI powered cloud spend management platform. It provides cloud governance solutions that helps businesses to optimize the cloud costs. It allows users to allocate cloud spending across products, cost centers, business units, and more. Features include security assessments, reporting, and more.
- Website
- www.astuto.ai/
- Email ID
- *****@astuto.ai
- Registered Address
- Flat # 6041, Sobha Dahlia Sarjapur Outer Ring Road, Bellandur, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Seed
Total Funding
$337K in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Nov 06, 2023
Ranked
64th among 256 active competitors
Employee Count
32 as on May 31, 2025
Legal entities associated with Astuto
Astuto is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ASTUTO TECHNOLOGIES PRIVATE LIMITED CIN: U74909KA2023PTC175569 , India, Active | Jul 04, 2023 | 0 - ₹10 Cr (As on Mar 31, 2025) | 32 (As on Aug 31, 2025) |
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Astuto's funding and investors
Astuto has raised a total funding of $337K over 1 round. Its latest funding round was a Seed round on Nov 06, 2023 for $*****. 3 investors participated in its latest round. Astuto has 2 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Astuto:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 06, 2023 | 3433933 | Seed | 9545666 | 9838387 | 3029305 | 1196340 |
View details of Astuto's funding rounds and investors
Astuto's founders and board of directors
Founder? Claim ProfileHere are the details of Astuto's key team members:
- Sudhakar Gorti: Co-Founder of Astuto. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Venkat Hari: Co-Founder of Astuto. Contact Info: 1 email address
Astuto's Board of Directors
Astuto's board has 2 active members. Sudhakar Gorti is part of team and Nanda Gorti is independent board member.Here is the list of Astuto's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 11m | |
Independent board member | - | Current | 2y 11m |
View details of Astuto's Founder profiles and Board Members
Astuto's employee count trend
Astuto has 32 employees as of May 25. The total employee count is 11.0% lower than what it was in May 24. Here is Astuto's employee count trend over the years:
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Astuto's Competitors and alternates
Top competitors of Astuto include Apptio, Vendr and Anodot. Here is the list of Top 10 competitors of Astuto, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Apptio 2007, Bellevue (United States), Acquired | Cloud spend management platform for enterprises | $136M | 75/100 | |
2nd | Vendr 2018, Boston (United States), Acquired | Provider of software pricing data and negotiation insights for buyers | $216M | 71/100 | |
3rd | AI based cost management platform | $65.5M | 71/100 | ||
4th | Zluri 2020, San Francisco (United States), Series B | Provider of SaaS management, access management, and access review solutions | $32.5M | 69/100 | |
5th | Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 68/100 | |
6th | Orb 2019, San Francisco (United States), Acquired | Platform offering infrastructure monitoring solutions | $44.1M | 67/100 | |
7th | Flexera 2008, Itasca (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $5.76M | 66/100 | |
8th | AI-powered platform designed for IT teams to manage software | $45.3M | 65/100 | ||
9th | BetterCloud 2011, New York City (United States), Series G | SaaS applications management solutions provider | $187M | 64/100 | |
10th | Virtana 2008, San Jose (United States), Series C | AI based infrastructure management solution | $140M | 64/100 | |
64th | AI powered cloud spend management platform | $337K | 35/100 |
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Astuto's Investments and acquisitions
Astuto has made no investments or acquisitions yet.
Reports related to Astuto
Here is the latest report on Astuto's geography:
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