CloudZero
Boston, US · Founded 2016 · Delaware corporation · 162 employees on LinkedIn · 5 known investors
Find your way into CloudZero
997 people in our graph share verified history with the CloudZero team — schools, employers, funds. One of them is your warm intro.
Somnathunlockedknows Corey Thomas · together at HP (overlapped)
knows the team · via Endeca
×2knows the team · via Boston College
×2knows the team · via Bladelogic
×2knows the team · via CloudHealth by VMware
knows the team · via HP
CloudZero provides cost allocation and financial management for AI workloads, helping companies understand the ROI of their AI investments across cloud platforms and AI services. The platform integrates with enterprise cloud providers and SaaS tools to map AI spend to business outcomes for engineering, finance, and IT teams.
Founders & leadership
CloudZero was founded in 2016 by Erik Peterson and Matt Manger.
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Erik PetersoninFounder, Director, and CTO/CISOErik Peterson is the founder and CTO of CloudZero, which provides cost allocation and financial management for AI and cloud workloads. He has over two decades of experience in software startups, an AWS Ambassador with a background in application security, and is active in the FinOps and Serverless communities.
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Matt MangerinCo-FounderFounder of CloudZero, which provides cost allocation and financial management for AI workloads to help companies map AI spend to business outcomes across cloud platforms and services. He has more than 25 years of experience leading teams, re-engineering processes, managing clients, and delivering complex engagements.
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Phil PergolainAdvisor to the BoardPhil Pergola recently stepped down as CEO of CloudZero, where he spent four years leading the company's growth and development of a platform for cost allocation and financial optimization of cloud and AI workloads. He has held roles across enterprise software and startups with a focus on customer acquisition, onboarding, adoption, and retention.
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Don BulensNamed on SEC filing
Board
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Michael Skokin𝕏Board directorCompany founder, investor, and educator with 45 years in entrepreneurship
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Investors · 5
Reported raises · per SEC filings
Form D private placements$73.6M disclosed across 5 rounds · 2019–2025
▶$48MraisedFeb 2025 · 14 investors · Other TechnologyRule 506(b)
▶$48MraisedFeb 2025 · 14 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Justin MooreDirector
- Tim BarrowsDirector
- Don BulensDirector
- James OrsilloDirector
- Erik PetersonDirector
- Philip PergolaExecutive Officer, Director
- Offering amount
- $50M
- Amount sold
- $48M
- First sale
- Feb 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6MraisedOct 2024 · 9 investors · Other TechnologyRule 506(b)
▶$6MraisedOct 2024 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Erik PetersonExecutive Officer, Director
- Philip PergolaExecutive Officer, Director
- Don BulensExecutive Officer, Director
- Justin MooreDirector
- James OrsilloDirector
- Tim BarrowsDirector
- Offering amount
- $6M
- Amount sold
- $6M
- First sale
- Sep 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$9.5MraisedDec 2023 · 5 investors · Other TechnologyRule 506(b)
▶$9.5MraisedDec 2023 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Don BulensDirector
- Justin MooreDirector
- James OrsilloDirector
- Erik PetersonExecutive Officer, Director
- Philip PergolaExecutive Officer, Director
- Tim BarrowsDirector
- Offering amount
- $9.5M
- Amount sold
- $9.5M
- First sale
- Nov 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$8MraisedDec 2020 · 5 investors · Other TechnologyRule 506(b)
▶$8MraisedDec 2020 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Don BulensExecutive Officer, Director
- Michael SkokDirector
- Tim BarrowsDirector
- Erik PetersonDirector
- Offering amount
- $8M
- Amount sold
- $8M
- First sale
- Dec 2020
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$2.1MraisedDec 2019 · 5 investors · Other TechnologyRule 506(b)
▶$2.1MraisedDec 2019 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Don BulensExecutive Officer, Director
- Michael SkokDirector
- Tim BarrowsDirector
- Erik PetersonDirector
- Offering amount
- $4.3M
- Amount sold
- $2.1M
- First sale
- Dec 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through CloudZero went on to found or lead other companies.
Competitors · 5
by search overlap
Netezza3224 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Vantage2263 shared keywordsVantage is an independent cloud cost management platform that helps businesses monitor and optimize their cloud spending. The company serves FinOps teams and organizations using multiple cloud providers.
DataCamp2023 shared keywordsDataCamp is a learning platform for teams that teaches data and AI skills through hands-on coursework accessible via web browser and mobile app. It serves enterprise customers and development teams seeking to build technical capabilities.
Flexera1739 shared keywordsFlexera provides Flexera One, a technology management platform that gives enterprises visibility and control over AI, SaaS, cloud, software, and hardware spend and assets. It serves large organizations with capabilities across IT asset management, FinOps, SaaS management, and AI cost management.
Cloudchipr1633 shared keywordsCloudchipr is a FinOps platform that helps engineering, finance, and leadership teams reduce cloud and AI infrastructure costs through cost attribution, anomaly detection, and automated workflows across multi-cloud environments. The platform targets organizations using AWS, GCP, and Azure who want real-time visibility into cloud spending and automated optimization of idle resources.
Companies competing with CloudZero for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does CloudZero do?
- CloudZero provides cost allocation and financial management for AI workloads, helping companies understand the ROI of their AI investments across cloud platforms and AI services. The platform integrates with enterprise cloud providers and SaaS tools to map AI spend to business outcomes for engineering, finance, and IT teams.
- Who founded CloudZero?
- CloudZero was founded by Erik Peterson, Matt Manger in 2016.
- Who are CloudZero's investors?
- CloudZero's investors include G20 Ventures, Innovius Capital, Matrix, Threshold Ventures, Underscore VC.
- How much funding has CloudZero raised?
- CloudZero has disclosed $73.6M raised across 5 rounds.
- Where is CloudZero headquartered?
- CloudZero is headquartered in Boston, US.