CloudZero, a leader in proactive cloud cost efficiency, announced a $56 million Series C funding round following another year of triple-digit growth. The round was led by BlueCrest Capital Management and Innovius Capital, with participation from Matrix Partners, Threshold Ventures, Underscore VC, and G20 Ventures. MongoDB also made a strategic investment.
Value proposition: With cloud spending projected to reach trillions of dollars and AI workloads reshaping infrastructure needs, CloudZero helps enterprises scale efficiently, improve unit economics, and stay ahead of the curve.
CloudZero also helps modern engineering teams understand, control, and optimize their cloud and AI infrastructure costs — connecting cloud decisions directly to business outcomes.
How the funding will be used: The funding will advance the company’s mission to power efficient innovation for cloud-driven organizations. And the funding will advance AI-driven research and development, expand CloudZero’s go-to-market efforts, and strengthen its partner ecosystem.
Already used by many of the world’s largest organizations — like Coinbase, DraftKings, Expedia, Moody’s, and Nubank — CloudZero will use its Series C funding to accelerate:
1.) AI-based cost analytics and forecasting
2.) Better integrations across developer and finance workflows
3.) An expansion of strategic partners and cloud alliances
KEY QUOTES:
“Organizations that optimize their cloud costs gain a competitive advantage, while those that neglect cost management risk limiting their growth and innovation. CloudZero gives customers financial control and predictability in the cloud — helping them boost profit, eliminate surprises, and reinvest in the next wave of innovation in critical areas like AI.”
Michael Platt, founder and CEO of BlueCrest Capital Management
“AI is redefining what’s possible — but without a deep understanding of cloud unit economics, innovation becomes unsustainable. CloudZero is pioneering a new standard for cloud cost optimization, giving companies the precision they need to scale cloud and AI responsibly.”
Phil Pergola, CEO of CloudZero
“This was a perfect time to partner with CloudZero. The future of FinOps goes far beyond simple cost-cutting — it’s about cloud business efficiency. CloudZero is the only player in the market that truly understands this and is actively innovating toward that broader vision.”
Benjamin Cefalo, senior vice president of product management at MongoDB
