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
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Net Profit
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EBITDA
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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
Employee Count
- 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Optimizes virtual machines for cost and performance.
Manages Kubernetes for balanced performance and cost.
Provides analytics for cloud spend and optimization.
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $35.0M
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First Round
First Round
(28 Aug 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series B - Spot | Valuation | Highland Europe |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in tech startups are made by Leaders Fund.
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Founded Year | Domain | Location | |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Growth-stage consumer and enterprise technology companies are funded.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spot
Spot has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include StratCloud. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Big data analytics, cloud services, and autoscaling applications are provided.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Spot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spot Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud spending is managed for enterprises through a specialized platform.
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| domain | founded_year | HQ Location |
AI based cost management platform
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| domain | founded_year | HQ Location |
Cloud management solutions are delivered via an online IT platform.
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| domain | founded_year | HQ Location |
Cloud expenses are monitored and analyzed for organizational efficiency.
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| domain | founded_year | HQ Location |
SaaS management platform is provided for procurement and IT teams.
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| domain | founded_year | HQ Location |
Infrastructure monitoring is enabled via usage-based billing platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spot
Frequently Asked Questions about Spot
When was Spot founded?
Spot was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Spot located?
Spot is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Spot a funded company?
Spot is a funded company, having raised a total of $35M across 1 funding round to date. The company's 1st funding round was a Series B of $35M, raised on Aug 28, 2018.
What does Spot do?
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.
What products or services does Spot offer?
Spot offers Elastigroup, Ocean, and CloudCheckr.
How many acquisitions has Spot made?
Spot has made 1 acquisition, including StratCloud.
Who are Spot's investors?
Spot has 6 investors. Key investors include NetApp, Flexera, Leaders Fund, Vertex Ventures, and Intel Capital.
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