Finout, a leading FinOps-for-enterprise platform, announced a $40 million Series C funding round. This round of funding was led by Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments.
This funding brings Finout’s total funding to $85 million. And the company’s platform, which powers cloud-agnostic cost allocation and governance for industry leaders, including SiriusXM, Lyft, The New York Times, Choice Hotels, Wiz, Tenable, and Alchemy, reflects the rapid mainstreaming of FinOps.
With organizations dealing with increasingly complex cloud environments driven by usage-based pricing models—spanning multi-cloud architectures, Kubernetes workloads, data warehouses, and CDNs—traditional cost management approaches are proving inaccurate, time-consuming, and inherently limited by design. However, infrastructure complexity continues to escalate. From AI model deployments to dynamic app scaling, many businesses need faster time to insights, clear visibility into past spending, and actionable strategies for future planning. Teams are demanding a platform that can drive FinOps adoption company-wide.
Finout’s cloud cost management platform offers enterprises enhanced visibility and control over their cloud spending through advanced allocation, unit economics analysis, and planning and forecasting capabilities. This platform enables organizations to drive accountability and contextualize cloud spending across teams, features, and business units while providing the business insights needed to understand spending at the customer, transaction, and feature levels.
Finout also unveiled a suite of enterprise-ready features tailored to meet the complex demands of large-scale organizations. These innovations elevate how businesses manage their cloud spend and financial planning. The enhancements include advanced financial planning and forecasting tools that move teams beyond static Excel workflows, enhancing collaboration between finance and engineering.
Finout’s instant virtual tagging also introduces on-the-fly cost allocation, even for multi-account infrastructures and telemetry-based shared costs, helping organizations achieve precise allocation of their spending. To further support large-scale enterprises, Finout also released modern tagging governance features that enforce consistent resource categorization, which can eliminate inefficiencies and improve data granularity.
KEY QUOTES:
“We’ve been closely monitoring the FinOps space for years. With cloud costs and complexity spiraling and AI investments accelerating, the need for sophisticated cloud cost management is critical. Finout’s impressive growth trajectory demonstrates they’ve become a market leader and trusted enterprise solution at exactly the right moment. The cloud cost management market represents a massive opportunity, and we believe Finout has proven they’re positioned to lead it.”
- Teddie Wardi, Managing Director at Insight Partners
“The growing adoption of FinOps across enterprises is a testament to the increasing need for sophisticated, actionable cost management solutions in today’s complex cloud environments. This funding is not just a validation of Finout’s market leadership but also of the vibrant community driving FinOps forward. With this investment, we’re poised to meet the surging demand by continuing to build the most advanced, user-centric platform available—empowering organizations to turn cloud cost management into a competitive advantage.”
- Roi Ravhon, CEO and Co-Founder of Finout
