PointFive Raises $60 Million Series B To Help Enterprises Control AI And Cloud Costs

By Amit Chowdhry • Today at 3:22 PM

PointFive, a provider of AI and cloud efficiency software, announced a $60 million Series B funding round led by Accel, with participation from Salesforce Ventures, Entrée Capital, Perpetual Growth, Vesey Ventures, Sheva Ventures, and Index Ventures.

The funding follows a period of rapid growth for the company, which reported a sixfold increase in annual recurring revenue between 2024 and 2025. PointFive said the new capital will be used to accelerate product development and expand go-to-market operations as enterprises face rapidly increasing costs associated with AI adoption.

The company operates in the growing FinOps market, where organizations are increasingly focused on optimizing cloud and AI spending. According to the FinOps Foundation’s 2026 State of FinOps report, workload optimization and waste reduction have become the top priorities for organizations, while 98% of companies now actively manage AI-related spending, up from 63% a year earlier.

PointFive’s platform is designed to identify inefficiencies across cloud infrastructure, data platforms, and AI workloads. Operating in a read-only, agentless mode, the platform analyzes environments to uncover waste and automatically routes recommendations to the engineering teams responsible for remediation. The company said customers have achieved cloud cost reductions of up to 30% and average returns on investment exceeding 1,000% based on realized savings.

Alongside the funding announcement, PointFive unveiled two new products. The first, AI Efficiency OS, is a platform designed to continuously optimize cloud and AI environments through conversational interfaces, custom applications, and automated remediation workflows. The second, TokenShift, is focused on managing AI coding agents by providing visibility into usage, optimizing token consumption, and enforcing governance and compliance controls. TokenShift supports tools including Claude Code, Codex, Cursor, Copilot, and Windsurf.

PointFive’s customer base includes organizations such as Nubank, E.ON, Hertz, Fanatics, Swiss Post, and NICE. The company noted that Nubank achieved positive return on investment within 10 days of deployment.

Founded in 2023 by Alon Arvatz, Amir Hozez, and Gal Ben David, PointFive serves enterprises spending more than $1 million annually on cloud and AI infrastructure. The company employs more than 100 people across offices in Tel Aviv, London, and the United States.

KEY QUOTES:

“Every company is now an AI company, and every AI company is about to get a bill it did not budget for. The old playbook was never built for this: tag everything, build a dashboard, and hope someone acts on it. PointFive finds the waste at the source and puts the fix in the engineer’s hands. That is the only way efficiency scales.”

Alon Arvatz, Co-Founder And CEO, PointFive

“With the global spend in cloud and AI growing from c. $350B in 2025 to more than $1T by 2030, the cost of running AI is fast becoming one of the largest line items in the enterprise. The PointFive team realised that managing cloud and AI infrastructure is an engineering problem, not a dashboard problem, and they have built the leading agentic platform to help engineering teams maximise cloud and AI efficiency. We have been very impressed by their vision and are excited to lead this round and partner with Alon, Gal and Amir.”

Philippe Botteri, Partner, Accel