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Duckbill

Founded 2019 · 23 employees on LinkedIn · 11 known investors

Duckbill provides a financial control layer that AI-native companies use to negotiate, manage, and forecast their spend across cloud, model, neocloud, and inference providers. It combines software with infrastructure financial expertise to consolidate provider data, validate spend, and model future cost scenarios.

Also known as Duckbill Group · The Duckbill Group

Investors · 11

Also in the syndicate · 2

Future Back VenturesRed Antler

Funding

SEC filings, press & company announcements

$7.8M disclosed across 1 of 2 rounds · 2025–2026

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Duckbill, formerly The Duckbill Group, positions itself as a financial control layer for the compute economy, helping companies negotiate, manage, and forecast spend across clouds, model labs, neoclouds, inference APIs, coding assistants, and hyperscalers. The company describes itself as a technology company with deep financial expertise in infrastructure rather than a financial firm with a technology add-on, pairing purpose-built software with practitioners who make judgment calls on contracts and commitments.

Its platform, Skyway, is described as a contract-aware compute financial management system that models contracts and consumption together. Capabilities include a registry of all signed commitments (hyperscaler commitments, prepaid credits, committed-spend tiers, reserved capacity), burn-down and projected end-of-term views, under- and over-consumption risk alerts, renewal timing, scenario modeling of AI and cloud usage against real pricing, benchmarking of effective rates against retail and proprietary private-market data, and invoice validation that checks each provider invoice against contract and usage to flag misapplied discounts, billing errors, and unlanded credits, with evidence for disputes.

Alongside the platform, Duckbill publishes a blog on cloud and AI cost topics authored by CEO Mike Julian, Chief Cloud Economist Corey Quinn, and Principal Cloud Economist Eric Pullen, covering subjects such as AWS savings plans, reserved instance deprecation, CloudFront pricing, and FinOps practice.

Business model

Duckbill combines a subscription-style software platform (Skyway) with expert advisory work on cloud and AI contract negotiation and cost management; the company states customers pay it, renew, and refer others, and that it has real revenue.

Revenue comes from customers paying for the Skyway platform and Duckbill's cloud economics engagements; the company references paid engagements whose findings are described as more than covering their cost, and reports renewals.

Traction

The company reports roughly 15 employees, $7.75 million raised, real revenue, paying and renewing customers, and experience negotiating tens of billions of dollars in infrastructure contracts since 2019. Named customers and referenced users include Honeycomb, Fanatics, Epsilon, a Fortune 100 company approving an $11 million AWS invoice, a public edtech company, a major domestic airline, and a computationally driven biotech startup.

Latest developments

Skyway was introduced in November 2025 as contract management for enterprise cloud spend aimed at nine-figure spenders, and the platform is described as early with roadmap decisions still open while customers depend on shipped functionality. The company continues hiring and published blog analysis through February 2026.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Duckbill operates in cloud and AI cost management, describing Skyway as the only contract-aware compute financial planning platform and positioning itself against spreadsheet-based commitment management and conventional FinOps approaches; press has characterized its move into software as a high-stakes pivot.

Duckbill emphasizes contract awareness rather than usage-only cost tracking, proprietary private-market benchmark data in addition to scraped public price lists, experience negotiating tens of billions of dollars in cloud and AI contracts, and a pairing of software with practitioner expertise.

Technology

Skyway is described as a contract-aware compute financial planning platform that ingests always-on data feeds from model labs, inference APIs, neoclouds, coding assistants, and hyperscalers, models contracts alongside actual consumption, maintains public rate data plus proprietary benchmark data, and automates invoice-to-contract validation.

Go-to-market

Demo-led enterprise sales supported by a sales team (Head of Sales, enterprise account executives), inbound interest generated by a widely read cloud-cost blog and media commentary from its cloud economists, plus referrals from existing customers.

AI-native and enterprise organizations signing large compute and cloud commitments, including Fortune 500 and Fortune 100 companies, public companies, and customers making seven- to ten-figure infrastructure decisions; buyers cited include FP&A, FinOps, SRE, and cloud engineering leadership.

Geography

Customers cited include US-based enterprises such as Fortune 500 and Fortune 100 companies and a major domestic airline; the sources do not specify office locations.

History

Operating since 2019 as The Duckbill Group, the company built a cloud cost consulting practice negotiating infrastructure contracts for customers, and after roughly seven years working on infrastructure-spend problems launched the Skyway software platform in November 2025, rebranding as Duckbill and shifting toward a software company.

Risks & controversies

Press coverage characterizes the shift to the Skyway software platform as a high-stakes pivot, and the company itself describes the product as early, with roadmap and product decisions still in flux.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJan 202615 people
HeadcountAug 202623
InvestorsJan 2026Heavybit, Uncork Capital
Total funding raisedJan 2026$7.8M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 2

launches, deals, and filings
Nov 2025
Duckbill launches Skyway, a contract management platform for enterprise cloud spend

Duckbill announced Skyway, a contract-aware platform for managing, negotiating, and forecasting enterprise cloud and compute commitments, targeted at nine-figure cloud spenders.

source ↗

Jan 2025
Rebrand from The Duckbill Group to Duckbill and pivot to software

The company rebranded from The Duckbill Group to Duckbill; press coverage described the move as a high-stakes pivot into becoming a software company with the new Skyway platform.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Duckbill do?
Duckbill provides software and expert services to negotiate, manage, and forecast enterprise cloud and AI compute spend.
Who are Duckbill's investors?
Duckbill's investors include Encoded Ventures, Heavybit, Forerunner Ventures, G9 Ventures, General Catalyst, Greycroft, Inspired Capital, Offline Ventures and 1 more.
How much funding has Duckbill raised?
Duckbill has disclosed $7.8M raised across 1 of its 2 known rounds.