CloudZero - About the company
CloudZero is a series C company based in Boston (United States), founded in 2009 by Matt Manger. It operates as a Provider of cloud cost optimization platform for infrastructure spend management. CloudZero has raised $119M in funding from investors like Innovius Capital, Underscore VC and Matrix. The company has 336 active competitors, including 67 funded and 30 that have exited. Its top competitors include companies like Apptio, Orb and Zluri.
Company Details
Provider of cloud cost optimization platform for infrastructure spend management. The platform automates collection, allocation, and analysis of infrastructure spend. It uncovers waste and improves unit economics. The platform provides cost visibility and savings for cloud, Kubernetes, AI, AWS, Anthropic, and OpenAI.
- Website
- www.cloudzero.com/
- Social
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2009
Location
Boston, United States
Stage
Series C
Total Funding
$119M in 7 rounds
Latest Funding Round
Investors
Ranked
17th among 336 active competitors
Employee Count
161 as on Aug 31, 2026
Legal entities associated with CloudZero
CloudZero is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CLOUDZERO INC. CIN: 5483218 , United States, Active | Jan 28, 2019 | - | - | - |
CLOUDZERO, INC. CIN: 813716642 , United States, Active | Dec 26, 999 | - | 128 (As on Dec 31, 2024) | - |
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CloudZero's funding and investors
CloudZero has raised a total funding of $119M over 7 rounds. Its first funding round was on Oct 11, 2017. Its latest funding round was a Series C round on Feb 05, 2025 for $*****. 7 investors participated in its latest round. CloudZero has 7 institutional investors.
Here is the list of recent funding rounds of CloudZero:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 05, 2025 | 4002264 | Series C | 2857555 | 9501198 | 2399853 | 7052525 |
Sep 27, 2024 | 7379307 | Series B | 7796147 | 4746418 | 2750672 | 2073060 |
Nov 21, 2023 | 6783594 | Series B | 1619738 | 8214740 | 6176944 | 4475843 |
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CloudZero's founders and board of directors
Founder? Claim ProfileThe founders of CloudZero is Matt Manger. Phil Pergola is the CEO of CloudZero.
Here are the details of CloudZero's key team members:
- Matt Manger: Co-Founder of CloudZero. Contact Info: 1 email address
- Phil Pergola: CEO of CloudZero. Contact Info: 1 email address
CloudZero's Board of Directors
CloudZero's board has 7 active members. Michael Skok, Erik Peterson, Justin Moore, James Orsillo Cfa, Don Bulens, Tim Barrows and Philip Pergola are independent board members.Here is the list of CloudZero's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 8m | |
wtbivua | Independent board member | - | Current | 2y 6m |
cmixa{b | Independent board member | - | Current | 5y 5m |
tdcijdd | Independent board member | - | Current | 2y 8m |
vfrkqjx | Independent board member | - | Current | 6y 2m |
plzmuqs | Independent board member | - | Current | 1y 7m |
xgzvtxj | Independent board member | - | Current | 1y 4m |
View details of CloudZero's Founder profiles and Board Members
CloudZero's employee count trend
CloudZero has 161 employees as of Aug 26. Here is CloudZero's employee count trend over the years:
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CloudZero's Competitors and alternates
Top competitors of CloudZero include Apptio, Orb and Zluri. Here is the list of Top 10 competitors of CloudZero, 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 | Orb 2019, San Francisco (United States), Acquired | Platform offering infrastructure monitoring solutions | $44.1M | 69/100 | |
3rd | Zluri 2020, San Francisco (United States), Series B | Provider of SaaS management, access management, and access review solutions | $32.5M | 68/100 | |
4th |  Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 68/100 | |
5th |  Vendr 2018, Boston (United States), Acquired | Provider of software pricing data and negotiation insights for buyers | $216M | 67/100 | |
6th | Flexera 2008, Itasca (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $5.76M | 66/100 | |
7th | AI-powered platform designed for IT teams to manage software | $45.3M | 65/100 | ||
8th | Tangoe 2000, Boulevard (United States), Acquired | Cloud based platform offering IT expense life cycle management software | $34.2M | 65/100 | |
9th | SAP Ariba 1996, Palo Alto (United States), Acquired | E-procurement, invoicing, and B2B collaboration software for businesses | - | 65/100 | |
10th |  BetterCloud 2011, New York City (United States), Series G | SaaS applications management solutions provider | $187M | 64/100 | |
17th | CloudZero 2009, Boston (United States), Series C | Provider of cloud cost optimization platform for infrastructure spend management | $119M | 58/100 |
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CloudZero's Investments and acquisitions
CloudZero has made no investments or acquisitions yet.
Reports related to CloudZero
Here is the latest report on CloudZero's sector:
News related to CloudZero
Filter this listMedia has covered CloudZero for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
•
CloudZero Launches Financial Control Plane for AI, Addresses Key Business Outcome ChallengesGlobal Fintech Series•May 29, 2026•CloudZero
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CloudZero Introduces Agentic FinOps with AI Features, boosting FinOps to cost-manage AI workloadsPR Newswire•Dec 01, 2025•CloudZero
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Applitools Names Anand Sundaram Chief Executive OfficerPR Newswire•Oct 01, 2025•CloudZero, Applitools
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CloudZero Raises $56 Million in Series C Funding to Revolutionize Cloud Cost Optimization in the AI EraCIO Influence•May 28, 2025•CloudZero, BlueCrest Capital Management, Innovius Capital, Matrix and 4 others
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CloudZero Closes 2024 With Fourth Consecutive Year Of Triple-Digit GrowthPR Newswire•Mar 11, 2025•CloudZero
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CloudZero Launches AI System, Charting New Future For Cloud Cost OptimizationAiThority•Dec 04, 2024•CloudZero
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CloudZero Academy Debuts As Go-To Learning Hub For Cloud Cost EfficiencyPR Newswire•Nov 21, 2024•CloudZero
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CloudZero Named A Visionary In The 2024 Gartner® Magic Quadrant™ For Cloud Financial Management ToolsPR Newswire•Oct 29, 2024•CloudZero
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CloudZero has filed a notice of an exempt offering of securities to raise $6 Million in New Equity Investment.intelligence360•Oct 22, 2024•CloudZero
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CloudZero Named To 2024 Best Places To Work List By Boston Business JournalPR Newswire•Jun 13, 2024•CloudZero
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