Finout, the leading FinOps-for-enterprise platform, today announced a $40 million Series C funding round led by Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments.
This investment, secured at double the valuation of their Series B, brings Finout's total funding to $85 million and $66M in just 8 months. The company's platform, which powers cloud-agnostic cost allocation and governance for industry leaders, including SiriusXM, Lyft, The New York Times, Choice Hotels, Wiz, Tenable, and Alchemy, reflects the rapid mainstreaming of FinOps.
As organizations navigate increasingly complex cloud environments—spanning multi-cloud architectures, Kubernetes workloads, data warehouses, and CDNs—driven by usage-based pricing models, traditional cost management approaches are proving inaccurate, time-consuming, and inherently limited by design. Meanwhile, infrastructure complexity continues to escalate. From AI model deployments to dynamic application scaling, businesses need faster time to insights, clear visibility into past spending, and actionable strategies for future planning. Teams demand a platform that can drive FinOps adoption company-wide. With 59% of organizations reporting increased cloud spending in 2024 and enterprises set to double their AI infrastructure investments by 2026, FinOps has evolved into a strategic imperative, with Finout emerging as the enterprise standard.
"We've been closely monitoring the FinOps space for years, waiting for a clear enterprise leader to emerge," said Teddie Wardi, Managing Director at Insight Partners. "With cloud costs and complexity spiraling and AI investments accelerating, the need for sophisticated cloud cost management has never been more critical. Finout's exceptional growth trajectory demonstrates they've become the enterprise standard at exactly the right moment. The cloud cost management market represents a massive opportunity, and Finout has proven they're uniquely positioned to lead it."
Finout's cloud cost management platform provides enterprises with unmatched visibility and control over their cloud spending through advanced allocation, unit economics analysis, and planning & forecasting capabilities. The platform enables organizations to drive accountability and contextualize cloud spend across teams, features, and business units while providing the business insights needed to understand spend at the customer, transaction, and feature level.
“The growing adoption of FinOps across enterprises is a testament to the increasing need for sophisticated, actionable cost management solutions in today’s complex cloud environments.” said Roi Ravhon, CEO and Co-Founder of Finout. “This funding is not just a validation of Finout’s market leadership but also of the vibrant community driving FinOps forward. With this investment, we’re poised to meet the surging demand by continuing to build the most advanced, user-centric platform available—empowering organizations to turn cloud cost management into a competitive advantage.”