PointFive provides an enterprise cloud cost optimization platform focused on cloud efficiency through Cloud Efficiency Posture Management (CEPM) for multi-cloud environments (AWS, GCP, Azure) to reduce wasteful spend. It works by DeepWaste detection, scanning cloud infrastructure (such as DynamoDB, EKS, and S3) to uncover misconfigurations and idle resources, and delivers workflows and contextual insights that empower engineers to implement cost-saving measures continuously. The platform differentiates itself by combining granular, proprietary waste-detection with engineering-facing remediation and proactive optimization across multiple clouds, informed by the founders’ cybersecurity background, and it monetizes through enterprise software licenses plus partnerships with VARs, MSPs, and GSIs. Its goal is to help enterprises lower and control cloud spend over time by shifting from reactive fixes to an ongoing, automated cost-optimization program integrated with engineering teams.
Company Size
51-200
Company Stage
Growth Equity (Venture Capital)
Total Funding
$96M
Headquarters
New York City, New York
Founded
2023
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