CloudZero

Boston, United States Founded: 2009 • Age: 17 yrs
Cloud cost management solutions are provided for infrastructure optimization.

About CloudZero

CloudZero is a Technology company based in Boston (United States) founded in 2009 by Matt Manger and Erik Peterson. Cloud cost management solutions are provided for infrastructure optimization. CloudZero has raised $166.62 million across 8 funding rounds from investors including MongoDB, Innovius Capital and Threshold. Its chief executive, as recorded, is Phil Pergola. Its website cloudzero.com draws about 260 thousand monthly visits. Its focus areas include Enterprise Infrastructure, Cloud Infrastructure, Cloud Governance Platform and Spend Management. Its competitors include Apptio, Flexera and Spot; 3 of its 3 listed competitors have raised funding.

Company details

CloudZero was founded in 2009 in Boston, United States, within the cloud computing sector. A platform is offered for managing cloud costs by reducing manual processes. Services encompass automatic anomaly alerts, issue resolution, notifications, automated tagging support, and infrastructure optimization. Operations focus on delivering these tools to organizations handling cloud expenses across various environments.

  • Headquarters Boston, United States
  • Founders Matt Manger, Erik Peterson
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Website cloudzero.com
  • Social LinkedIn X Facebook Instagram YouTube
Key Metrics
  • Total Equity Funding
    $166.62M (USD)

    in 8 rounds

  • Latest Funding Round
    $56M (USD), Series C

    Feb 2025

  • Investors
    MongoDB

    & 6 more

Apps and channels of CloudZero

its YouTube channel CloudZero has 168 subscribers and 30 videos.

CloudZero
YouTube 168 subscribers 30 videos Autos & Vehicles
Open channel

Videos from CloudZero

The most watched videos on CloudZero's YouTube channel, CloudZero (168 subscribers). Click a video to play it here.

What Is AWS Lambda? Use Cases, Benefits, Limitations, And More
632 views
What Is FinOps? The Cloud Cost Strategy Every Company Needs
592 views
How To Choose Your Cloud Cost Optimization Platform
425 views
CloudZero Helped This Business Spark A Culture Shift Around Cloud Costs
392 views

More on CloudZero.

Funding Insights of CloudZero

CloudZero has successfully raised a total of $166.62M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $56 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $166.62M
  • Total Rounds 8
  • Last Round Series C — $56M
  • First Round $5M

    (Oct 2017)

  • Investors Count 7

All 8 funding rounds of CloudZero with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2025$48MSeries C––
–
Feb 2025$56MSeries C–Innovius Capital, BlueCrest Capital Management
Sep 2024$6MSeries B––
–
Nov 2023$9.5MSeries B––
–
Jun 2023$32MSeries B–Innovius Capital, Threshold
Dec 2020$8MSeries B––
–
Dec 2019$2.13MSeries A––
–
Oct 2017$5MSeries A–Underscore VC, Matrix
–
Valuation history

7 investors in total: 7 institutional.

Investors in CloudZero

CloudZero has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include MongoDB, Innovius Capital and Threshold.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Provider of growth support and GTM execution for SaaS and AI
innoviuscapital.comSan Francisco, United States
Early-stage startups are funded by Threshold VC firm.
threshold.vcPalo Alto, United States
Seed & early stage tech-focused venture capital firm investing in geographies such as the US
underscore.vcBoston, United States
Venture capital is invested in technology sectors by G20 Ventures.
g20vc.comBoston, United States
Early-stage ventures are funded by the investment firm.
matrix.vcSan Francisco, United States
A cloud-based database-as-a-service platform is provided for application development.
2007mongodb.comNew York, United States
bluecrestcapitalmanagement.tcc.mode
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Investor details for CloudZero

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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People of CloudZero

65 people are tracked at CloudZero (20 in leadership, 45 in team).

NameRoleGroup
Matt Manger
Co-FounderLeadership
Erik Peterson
Co-FounderLeadership
Phil Pergola
CEOLeadership
Tammy Steffen
Director, Customer Success Operations & SupportLeadership
Kurt Zanca
Director Of Sales, Central & WestLeadership
Kunal R.
Senior Vice President - Customer SuccessLeadership
Bill Buckley
Senior Vice President Of EngineeringLeadership
Brady Lenahan
VP Of SalesLeadership
Greg Barrette
Vice President of MarketingLeadership
Cody C.
Director Of Sales - EastLeadership
Michelle Dufty
Chief Marketing OfficerLeadership
Michael Lupiani
Senior Director Of Sales EngineeringLeadership
Miguel Valdez
Director, Revenue OperationsLeadership
Sharon M. Pollard
Vp, Head Of People & CultureLeadership
Sean C.
Senior Director Of Information Technology & SecurityLeadership
Ben Austin
Director Of Product MarketingLeadership
Matthew Norgren
Director Of Software Engineering, App GroupLeadership
Ciaran Fitzgerald
Director EMEALeadership
Kourtney Barnes
Director Of Brand MarketingLeadership
Ryan Camardo
Director Of Channel DevelopmentLeadership

45 more people are available in the full profile.

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Complete people profiles for CloudZero

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of CloudZero

3 dated milestones of CloudZero across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded CloudZero is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series C, of $56.0M.

Competitors of CloudZero

CloudZero has 3 listed competitors in our database, 3 of them funded. They include Apptio, Flexera and Spot.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
apptio.com2007Bellevue, United States$136M
Cloud spending is managed for enterprises through a specialized platform.
flexera.com2008Itasca, United States$5.76M755
Cloud management solutions are delivered via an online IT platform.
spot.io2015San Francisco, United States$35M
Cloud spend management software is offered by Spot's platform.
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Detailed competitors of CloudZero

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of CloudZero

The website of CloudZero (cloudzero.com) receives about 259.7K visits a month and ranks #190,392 among all websites worldwide, #4,378 in Programming and Developer Software.

  • Monthly visits
    259.7K

    ▲ 2.3% vs previous month

  • Unique visitors
    111.6K

    per month

  • Global rank
    #190,392

    among all websites

  • Category rank
    #4,378

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with CloudZero. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
spot.io
100%
45.8K#355,494View details
github.com
96%
542.6M#65View details
stackoverflow.com
93%
45.7M#1,565View details
cloudvisor.co
cloudvisor.co
93%
#608,431–
myworkday.com
myworkday.com
92%
#420–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 40 similar websites and full traffic analytics for CloudZero

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in IT Services & Operations

3 companies that operate in the same segment as CloudZero (IT Services & Operations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M4,473
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
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Related news about Cloudzero

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Complete news archive for CloudZero

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about CloudZero

CloudZero was founded in 2009 and raised its 1st funding round 8 years after it was founded.

CloudZero is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Phil Pergola is the CEO of CloudZero, as recorded in our data.

CloudZero is a funded company, having raised a total of $166.62M across 8 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Oct 2017.

CloudZero was founded in 2009 in Boston, United States, within the cloud computing sector. A platform is offered for managing cloud costs by reducing manual processes. Services encompass automatic anomaly alerts, issue resolution, notifications, automated tagging support, and infrastructure optimization. Operations focus on delivering these tools to organizations handling cloud expenses across various environments.

CloudZero's top competitors include Apptio, Flexera and Spot.

CloudZero has 7 investors. Key investors include MongoDB, Innovius Capital, Threshold, Underscore VC, and G20 Ventures.

The website of CloudZero receives about 260 thousand visits a month and ranks #190,392 among all websites worldwide.

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