# AutoCloud

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

- Industry: Software
- Headquarters: Chicago, US
- Website: www.autocloud.dev
- Total disclosed funding: $4M
- Latest round: Seed (May 5, 2021)
- Investors on record: 4

## About

AutoCloud, Inc. is a cloud infrastructure management company that offers innovative software solutions designed to automate and optimize cloud operations, enhancing efficiency and reducing manual tasks for IT departments and service providers.Founded in 2019 and headquartered in Chicago, US, AutoCloud, Inc. specializes in simplifying cloud management. The company raised USD 4.000 mn in Seed funding on May 5, 2021, with Animo Ventures as the lead investor, alongside B Capital Group, Moxxie Ventures, and Uncorrelated Ventures. The founders are Drew G and Karissa Lewis, with Tyson Kunovsky serving as CEO.Autocloud.dev provides software solutions for cloud infrastructure management, featuring an integrated platform that streamlines operations for IT departments and cloud service providers. Their offerings facilitate resource allocation, cost management, and performance monitoring, serving enterprises in North America and Europe where demand for cloud management tools is increasing.AutoCloud, Inc. operates on a subscription-based revenue model, offering tiered pricing plans that accommodate various business sizes. Clients generally engage in annual agreements for comprehensive support or opt for monthly subscriptions with selected features, focusing on B2B relationships within cloud-dependent industries. The robust automation capabilities of their flagship products drive the primary revenue streams.Following the Seed funding round on May 5, 2021, AutoCloud, Inc. plans to launch its paid product by the end of 2021 and commercialize its cloud visualization service. The company aims to expand into new markets throughout North America and Europe to cater to the growing demand for their services. The recently raised USD 4.000 mn will be utilized to support these initiatives.

## Funding rounds

- Seed, May 5, 2021, $4M — B Capital, Moxxie Ventures, Animo Ventures, Uncorrelated Ventures

## Investors

- B Capital (https://capitalatlas.ai/funds/b-capital) — Seed
- Moxxie Ventures (https://capitalatlas.ai/funds/moxxie-ventures) — Seed
- Animo Ventures (https://capitalatlas.ai/funds/animo-ventures) — Seed
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Seed