# Antimetal

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/antimetal

- Industry: Software
- Headquarters: New York, US
- Website: www.antimetal.com
- Total disclosed funding: $24M
- Latest round: Series A (Jun 12, 2025)
- Investors on record: 8

## About

Based in New York, US, and founded in 2022 by CEO Matthew Parkhurst and CTO Shreyas Iyer, Antimetal Inc. operates as a software company providing a cloud cost optimization platform to companies by cutting costs and saving from charges on their AWS bills. In May 2023, Antimetal Inc. raised USD 4.3 million in seed funding led by Framework Ventures, with participation from Chapter One Ventures, IDEO CoLab Ventures, Polygon Ventures, Builder Capital, and other unspecified investors.

Antimetal Inc. provides a model for its customers to focus on AWS bills by applying artificial intelligence and machine learning to save companies on their AWS bills. The company offers predictions and forecasts using the artificial intelligence (AI) model for analyzing usage. In addition, the firm’s platform allows users to transfer the automated RI with the customer pool with flexibility. Antimetal Inc. offers protection and insurance against underutilization with Antimetal’s underutilization insurance. As of 2023, the company’s client base includes The.com, Polygon, Mercury, Dry Line Partners, Gnosis Freight, and Viz Explorer.

The company generates revenue based on the subscription model and charges ten percent of the saving generated.

## Funding rounds

- Series A, Jun 12, 2025, $20M — Sound Ventures, Buckley Ventures
- Seed, May 8, 2023, $4.3M — Alchemy Ventures, Chapter One, IDEO CoLab Ventures, Framework Ventures, Westbourne River Partners, Builders Capital

## Investors

- Alchemy Ventures — Seed
- Chapter One (https://capitalatlas.ai/funds/chapter-one) — Seed
- IDEO CoLab Ventures (https://capitalatlas.ai/funds/ideo-colab-ventures) — Seed
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Seed
- Westbourne River Partners (https://capitalatlas.ai/funds/westbourne-river-partners) — Seed
- Builders Capital — Seed
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A
- Buckley Ventures (https://capitalatlas.ai/funds/buckley-ventures) — Series A