Cloudzero

Cloudzero

Cloud cost management and optimization platform

About

CloudZero focuses on cloud cost management and optimization, helping businesses monitor and reduce their spending on services like AWS, GCP, and Azure. The platform provides real-time analytics to identify cost drivers and savings opportunities, and it offers detailed cost metrics without needing perfect tagging of resources. Unlike competitors, CloudZero incorporates AI to enhance its analytics and provides proactive alerts for unexpected spending. The goal is to help clients achieve significant reductions in cloud costs, with many reporting an average decrease of 22% in their expenses within the first year.

Company Stage

Late Stage VC

Employees

51-200

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$55.6M

Headquarters

Boston, Massachusetts

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Cloudzero unique

  • 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.

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Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-5%

2 year growth

-5%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Company Equity

401(k) Retirement Plan

Flexible Work Hours

Paid Vacation

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