# Finout

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

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.finout.io/
- Total disclosed funding: $85M
- Latest round: Series C (Jan 1, 2025)
- Investors on record: 8

## About

In 2021, the company was co-founded by Roi Ravhon, Asaf Liveanu and Yizhar Gilboa, three of them now serve as the board of the company. Before establishing the company, Ravhon and Liveanu were working in another cloud tool company Logz.io, realizing the correlation of cloud cost and business metrics is a problem existed in the current market. In 2021, the company was co-founded by Roi Ravhon, Asaf Liveanu and Yizhar Gilboa, three of them now serve as the board of the company. In January 2025, Finout Ltd. raised USD 40 million in series C funding led by Insight Partners, with participation from Pitango Venture Capital, Team8 Capital, Red Dot Capital Partners and Maor Investments.

The company provides management solutions for cloud computing, which can cut cost and other resources spent on clouding. The product focuses on three fields -- FinOps, DevOps, and Finance. Finout can reduce AWS bills, GCP cost, Kubernetes, Snowflake Spend, and Datadog spend by integrating with CUR and other APIs, Billing Extra Data. Finout generates revenue through subscription fees for its cloud and AI cost management platform, charging businesses annual SaaS fees based on managed cloud spend.  The company will use the January 2025 funding to expand its platform and meet the growing demand for advanced cloud cost management solutions.

## Funding rounds

- Series C, Jan 1, 2025, $40M — Pitango, Insight Partners, Red Dot Capital Partners, Maor Investments, Team8 Capital
- Series B, May 23, 2024, $26M — Pitango, Red Dot Capital Partners, Maor Investments, Team8 Capital, Jibe Ventures
- Series A, Jun 16, 2022, $14M — Pitango, Team8 Capital, R-Squared Ventures, Jibe Ventures
- Seed, Mar 1, 2021, $4.5M — Pitango, toDay Ventures, R-Squared Ventures, Jibe Ventures

## Investors

- Pitango (https://capitalatlas.ai/funds/pitango) — Seed, Series A, Series B, Series C
- toDay Ventures (https://capitalatlas.ai/funds/today-ventures) — Seed
- R-Squared Ventures — Seed, Series A
- Jibe Ventures (https://capitalatlas.ai/funds/jibe-ventures) — Seed, Series A, Series B
- Team8 Capital (https://capitalatlas.ai/funds/team8-capital) — Series A, Series B, Series C
- Red Dot Capital Partners (https://capitalatlas.ai/funds/red-dot-capital-partners) — Series B, Series C
- Maor Investments (https://capitalatlas.ai/funds/maor-investments) — Series B, Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C