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Overview
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.
About
Information Technology, Software, Internet, Financial Services, FinTech, Retail, SaaS, Health Care, Professional Services, DevOps
2018
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
ProsperOps headquartered in United States, North America, operates in the Information Technology, Software, Internet, Financial Services, FinTech, Retail, SaaS, Health Care, Professional Services, DevOps sector. The company focuses on Information Technology and has secured $2.9B in funding across 40 round(s). With a team of 11-50 employees, ProsperOps is actively contributing to advancements in Information Technology. Their latest funding round, Series A - ProsperOps, raised $72.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
1
2
0
$72.0M
Details
1
ProsperOps has raised a total of $72.0M in funding over 1 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2023 | Early Stage Venture | 72.0M |
Investors
ProsperOps is funded by 4 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Pat Matthews | - | FUNDING ROUND - Pat Matthews | 72.0M |
ProsperOps | - | FUNDING ROUND - ProsperOps | 72.0M |
ProsperOps | - | FUNDING ROUND - ProsperOps | 72.0M |
H.I.G. Growth Partners | - | FUNDING ROUND - H.I.G. Growth Partners | 72.0M |
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