# CloudZero

> CloudZero sells subscription software that brings cloud, SaaS, and AI costs into a shared model and allocates them to products, features, customers, and teams. Its engineering-led approach helps finance and product teams understand margins while engineers identify waste and investigate cost changes.

- **Founded:** 2016
- **Headquarters:** Boston, United States
- **Founders:** Erik Peterson (Founder, CTO and CISO), Matt Manger (Co-founder and VP of Customer Success)
- **Products:** CloudZero platform, AnyCost, CostFormation and Dimensions, Kubernetes cost visibility, Real-Time AI Spend
- **Notable:** More than $14 billion in AI and cloud spend under management, company-reported in 2026., 14 trillion billing events processed annually, company-reported., Drift reports up to $2.4 million in annual AWS cost reduction and an 80% cost reduction for a prominent feature.

## Products & services

- **CloudZero platform** — Shared cloud and AI cost collection, allocation, exploration, analytics, optimization, budgets, forecasts, and anomaly detection.
- **AnyCost** — Ingests and normalizes costs from cloud, PaaS, SaaS, and custom sources into a common model.
- **CostFormation and Dimensions** — Code-driven allocation combining billing and telemetry to organize tagged, untagged, and shared costs by business dimensions.
- **Kubernetes cost visibility** — Connects container usage and shared infrastructure to teams and workloads using a Kubernetes agent.
- **Real-Time AI Spend** — Agent or LLM-gateway connection captures AI spend at its source for allocation.
- **AI Hub** — Claude-powered natural-language cost analysis; access also through MCP and a packaged Claude Code plugin.
- **AI Signals** — AI spend anomaly detection and investigation in the platform.
- **CloudZero Academy and customer success** — Product training and FinOps support for using cost data and building cost accountability.

## Achievements

- More than $14 billion in AI and cloud spend under management, company-reported in 2026.
- 14 trillion billing events processed annually, company-reported.
- Drift reports up to $2.4 million in annual AWS cost reduction and an 80% cost reduction for a prominent feature.
- Raised $56 million Series C in May 2025.
- Erik Peterson joined the AWS Ambassador Partner Program in October 2022.

## Latest updates

- **2025-05** — Announced $56 million Series C; CEO’s accompanying article reports $118 million total primary capital investment.
- **2025-06** — Signed Strategic Collaboration Agreement with AWS.
- **2026-05** — Launched Real-Time AI Spend, Claude-powered AI Hub, and a rebuilt platform frontend.
- **2026-08** — Public GitHub activity includes Kubernetes agent and Claude Code marketplace repositories.

## Links

- Website: https://www.cloudzero.com/
- LinkedIn: https://www.linkedin.com/company/cloudzero/
- Twitter/X: https://x.com/cloudzeroinc
- GitHub: https://github.com/cloudzero
- Facebook: https://www.facebook.com/cloudzeroinc

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Profile page: https://yespress.io/cloudzero
Published by YesPress — https://yespress.io
Last updated: 2026-10-05