Autonomous Cloud Savings service that increases AWS savings an average of 68%.
Business Model: SAAS
Revenue: $0
Employees: 1-10
Address:
City: Austin
State: Texas
Zip:
Country: United States
ProsperOps is building the robo-advisor for cloud computing. Current cost optimization tooling is recommendation based which places the operational burden on already busy DevOps and FinOps teams. This leads to lag, is error prone, and fundamentally limits what is possible to that which a human can reasonably execute. Cloud cost optimization is best handled by AI, optimization algorithms, and real-time execution engines. Like robo-advisors in the financial investing space, ProsperOps enables customers to answer a few high level questions about their cloud use after which technology takes over to handle ongoing, day-to-day cost optimization activities. This generates superior savings outcomes (on average, customers increase savings by 68%), reduces risk, and gives customers time back. Welcome to the world of Autonomous Cloud Savings. The company was founded in 2018 and is based in Austin, Texas.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2023 | Series A | $0 |
Active Capital H.I.G. Growth Partners Active Capital H.I.G. Growth Partners Active Capital H.I.G. Growth Partners Active Capital H.I.G. Growth Partners |
2/2023 | Series A | 2 | $72M |
Active Capital H.I.G. Growth Partners Active Capital H.I.G. Growth Partners |
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