Fundz

PointFive raises $16 million in Seed funding led by Index Ventures for cloud cost optimization platform

PRIVATEJun 19, 2024

Amount Raised

$16 Million

Round Type

Seed

New YorkSoftwareEnterprise SoftwareCloud InfrastructureCloud ComputingSaaS

Investors

Dean SysmanDavid PolitisGuy PodjarniAmiram ShacharRakesh LoonkarTamar YehoshuaMickey BoodaeiAssaf RappaportVesey VenturesSheva CapitalEntrée CapitalIndex Ventures

Description

PointFive, a cloud cost optimization platform for enterprise companies, raised $16 million in Seed funding led by Index Ventures. The round also saw participation from Entrée Capital, Sheva Capital, Vesey Ventures, and various angel investors.

Who to call at PointFive, and when

A new round usually means PointFive is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

PointFive

Location

New York, New York, United States

About

PointFive enables continuous cloud cost efficiency through our proprietary DeepWaste™ technology, designed to uncover major savings potential hidden within your cloud infrastructure. Our platform empowers enterprise organizations to proactively address these inefficiencies, and provides a tremendous opportunity to optimize valuable resources they may not realize are being wasted. By offering specific, actionable analysis and recommendations, our innovative approach enables organizations to better manage, optimize, and remediate typically overlooked cost inefficiencies. This not only enhances cost awareness and opportunities for continuous growth, but also fosters better collaboration between FinOps and Engineering teams, paving the way for greater organizational efficiency.

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Fundz sees it the moment PointFive raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsShelly A., Head of Global Talent Acquisition hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for PointFive's next move

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PointFive raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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