Fundz

Cloud Optimization Startup Prosperops Lands $72M Investment

RECENTLY ACQUIREDFeb 23, 2023

Amount Raised

$72 Million

Round Type

Venture

AustinSoftwareArtificial IntelligenceSaaS

Investors

Active CapitalH.I.G. Growth Partners

Description

The cloud is growing expensive. According to a recent survey from ESG, more than half of companies say that their spending on public cloud apps will increase in 2023 while 56% expect their public cloud infrastructure services spending will go up this year. A separate report from Gartner forecasts that worldwide spending on public cloud services will grow to total $591.8 billion in 2023, up from $490.3 billion in 2022.

Quick answer

ProsperOps raised $72 Million in a funding round, dated February 23, 2023. Investors: Active Capital and H.I.G. Growth Partners. ProsperOps is based in Austin, Texas, United States.

How much did ProsperOps raise?
ProsperOps raised $72 Million in a funding round on February 23, 2023.
Who invested in ProsperOps?
Active Capital and H.I.G. Growth Partners are named as investors in this round.
What does ProsperOps do?
ProsperOps, is the leading FinOps Automation Platform for cloud cost optimization on Amazon Web Services (AWS), Google Cloud, and Microsoft Azure.
Where is ProsperOps based and how big is it?
ProsperOps is based in Austin, Texas, United States. Fundz records about 106 employees.

Source: Fundz verified event record.

Who else raised in SaaS and Software around the same time

Companies in the same sectors as ProsperOps that raised within 45 days of this round, from Fundz verified event records.

  • Quantexa raised $129M (Funding Round) on April 3, 2023.
  • Navix raised $5M (Seed) on March 28, 2023.
  • Workera raised $24M (Series B) on March 23, 2023.
  • LokiBots raised an undisclosed amount (Funding Round) on March 18, 2023.
  • Wingspan raised $14M (Funding Round) on March 16, 2023.
  • Glider AI raised $10M (Series A) on March 7, 2023.

Who to call at ProsperOps, and when

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

  • An alert the day ProsperOps raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ProsperOps, from your own LinkedIn network

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Company Information

Company

ProsperOps

Location

Austin, Texas, United States

About

ProsperOps, is the leading FinOps Automation Platform for cloud cost optimization on Amazon Web Services (AWS), Google Cloud, and Microsoft Azure. Eliminating waste and achieving cost savings goals is challenging when cloud usage is dynamic, but commitments are manual. Founded in 2018, the platform automates and synchronizes rate optimization with workload optimization, eliminating waste, reducing costs and risk, and improving efficiency for FinOps teams. With the platform, customers achieve world-class Effective Savings Rates, lower Commitment Lock-In Risk, and maximum flexibility. ProsperOps autonomously manages $6 billion of annual cloud usage and has generated over $3 billion of lifetime savings.

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

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

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.