About Spot
Spot is a company based in San Francisco (United States) founded in 2015 was acquired by Flexera in January 2025. Spot has raised $35 million across 1 funding round from investors including NetApp, Flexera and Leaders Fund. Spot has completed 1 acquisition, including StratCloud. Spot offers products and services including Elastigroup, Ocean, and CloudCheckr. Spot operates in a competitive market with competitors including Apptio, Anodot, Flexera, Cloudability and Vendr, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$35 M (USD)
in 1 rounds
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Latest Funding Round
$35 M (USD), Series B
Aug 28, 2018
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Investors
NetApp
& 5 more
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Employee Count
Not available
- Investments & Acquisitions
- Acquired by
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Products & Services of Spot
Spot offers a comprehensive portfolio of products and services, including Elastigroup, Ocean, and CloudCheckr.
Optimizes virtual machines for cost and performance.
Manages Kubernetes for balanced performance and cost.
Provides analytics for cloud spend and optimization.
People of Spot
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Software Development Team
219 people
Leadership Team
95 people
Product Management Team
52 people
Sales and Marketing
43 people
Operations Team
29 people
Finance and Accounting
23 people
Senior Team
23 people
Solutions Team
16 people
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Funding Insights of Spot
Spot has successfully raised a total of $35M through 1 strategic funding round. The most recent funding activity was a Series B round of $35 million completed in August 2018. 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.
Investors in Spot
Spot has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include NetApp, Flexera and Leaders Fund.
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Investments in tech startups are made by Leaders Fund.
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Investment in technology startups focusing on compute, AI, and related innovations.
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Growth-stage consumer and enterprise technology companies are funded.
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Investor details for Spot
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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- Participation history
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Investments & Acquisitions by Spot
Spot has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include StratCloud.
Investment portfolio details for Spot
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Big data analytics, cloud services, and autoscaling applications are provided.
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Complete acquisition details for Spot
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - Spot
Detailed financials for Spot
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- Profit trends
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Spot Comparisons
Peer comparison for Spot
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- Headcount comparison
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Competitors of Spot
Spot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Apptio, Anodot, Flexera, Cloudability and Vendr, among others.
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Cloud spending is managed for enterprises through a specialized platform.
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AI based cost management platform
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Cloud management solutions are delivered via an online IT platform.
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Cloud expenses are monitored and analyzed for organizational efficiency.
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SaaS management platform is provided for procurement and IT teams.
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Infrastructure monitoring is enabled via usage-based billing platform.
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Detailed competitors of Spot
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Spot
Complete news archive for Spot
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Spot
Spot was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Spot is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Spot is a funded company, having raised a total of $35M across 1 funding round to date.
Platform offering cloud spend management software. It offers data driven metrics to understand the areas of enhancement. The platform provides a view of cloud cost across tags, usage types, accounts, workloads, and more. The features of the product include real time optimization, cloud cost analysis, and cloud application auto scaling. Its offering includes capacity management, big data, container infrastructure, and more.
Spot offers Elastigroup, Ocean, and CloudCheckr.
Spot has made 1 acquisition, including StratCloud.
Spot has 6 investors. Key investors include NetApp, Flexera, Leaders Fund, Vertex Ventures, and Intel Capital.