# Pulumi Corporation

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

- Industry: Software
- Headquarters: Seattle, US
- Website: www.pulumi.com
- Total disclosed funding: $99M
- Latest round: Series C (Oct 3, 2023)
- Investors on record: 4

## About

Based in the US, Pulumi Corporation specializes in infrastructure as code (IaC) solutions that empower developers to provision and manage cloud infrastructure using familiar programming languages, enhancing productivity and collaboration across teams.Pulumi Corporation, founded in 2017 in Seattle, US, provides infrastructure as code solutions for cloud resource management. The company has completed 4 funding deals, with the latest being a Series C round on October 3, 2023, where they raised USD 41.00 mn led by Madrona Venture Group, alongside participation from New Enterprise Associates, Strike Capital, and Tola Capital. The company was co-founded by Eric Rudder and Joe Duffy, who also serves as CEO.Pulumi offers a comprehensive suite of products focused on infrastructure as code (IaC) solutions, enabling engineers to provision, automate, and manage cloud infrastructure using familiar programming languages such as JavaScript, Python, Go, .NET, and Java. Its core product, Pulumi IaC, allows users to define cloud infrastructure using standard programming constructs, significantly enhancing developer experience through IDE integration, autocomplete, type checking, and documentation. The company’s services extend to configuration and secrets management, compliance insights, and automated remediation of cloud assets, making it suitable for organizations looking to streamline their cloud operations. Pulumi's offerings are designed for cloud development teams across various industries, including technology, finance, and healthcare, with a client base that includes over 3,000 innovative companies worldwide, particularly in North America, Europe, and parts of Asia.Pulumi's revenue generation model is primarily based on a subscription model for its infrastructure as code and cloud management products. Clients typically engage in direct transactions, where they subscribe to use Pulumi's services, which may include different pricing tiers based on the scale and features required. These subscriptions can encompass various services like Pulumi IaC and Pulumi Cloud, which provide managed services for IaC and secrets management, respectively. The company's flagship offerings, such as Pulumi Copilot and Pulumi CrossGuard, further enhance its value proposition by integrating AI capabilities for intelligent cloud management and policy enforcement. The revenue structure reflects a B2B focus, targeting engineering teams within enterprises seeking to increase efficiency and security in their cloud infrastructure management.In October 2023, Pulumi Corporation raised USD 41.00 mn in Series C funding led by Madrona Venture Group, with participation from other investors. The company plans to utilize this funding to enhance its platform and improve infrastructure security, while also enabling software developers and engineers to access its artificial intelligence platform. Future growth will involve the launch of new products aimed at expanding their service offerings and penetration into various markets. Specific geographical regions targeted for expansion have not been disclosed, but the company aims to enhance its presence within existing markets.

## Funding rounds

- Series C, Oct 3, 2023, $41M — New Enterprise Associates, Madrona Venture Group, Tola Capital, Strike Capital
- Series B, Oct 16, 2020, $38M — New Enterprise Associates, Madrona Venture Group, Tola Capital
- Series A, Oct 22, 2018, $15M — Madrona Venture Group, Tola Capital
- Seed, Jun 18, 2018, $5M — Madrona Venture Group, Tola Capital

## Investors

- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Seed, Series A, Series B, Series C
- Tola Capital (https://capitalatlas.ai/funds/tola-capital) — Seed, Series A, Series B, Series C
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B, Series C
- Strike Capital (https://capitalatlas.ai/funds/strike-capital) — Series C