PointFive raises $60 million in Series B funding, led by Accel, to enhance its AI cost management platform amidst rising enterprise AI expenses.
Amount Raised
$60 Million
Round Type
Series B
New YorkSoftwareEnterprise SoftwareCloud InfrastructureCloud ComputingSaaSInvestors
Description
PointFive has raised $60 million in a Series B funding round, bringing its total funding to $96 million. The round was led by Accel, with participation from Index Ventures, Salesforce Ventures, and others. The company focuses on helping organizations manage AI-related costs. PointFive aims to address the increasing financial pressures faced by enterprises due to evolving vendor pricing models.
Quick answer
PointFive raised $60 Million in a Series B round, dated June 8, 2026. Investors: Yasmin Lukatz, Guy Podjarny, Mickey Boodaei, Sheva Ventures, Vesey Ventures, Perpetual Growth, Entrée Capital and Salesforce Ventures. PointFive is based in New York, New York, United States.
- How much did PointFive raise?
- PointFive raised $60 Million in a Series B round on June 8, 2026.
- Who invested in PointFive?
- Yasmin Lukatz, Guy Podjarny, Mickey Boodaei, Sheva Ventures, Vesey Ventures, Perpetual Growth, Entrée Capital and Salesforce Ventures are named as investors in this round.
- What does PointFive do?
- PointFive enables continuous cloud cost efficiency through our proprietary DeepWaste™ technology, designed to uncover major savings potential hidden within your cloud infrastructure.
- Where is PointFive based and how big is it?
- PointFive is based in New York, New York, United States. Fundz records about 100 employees.
- Who are the decision-makers at PointFive?
- Fundz holds 2 contacts at PointFive, including the Head of Global Talent Acquisition. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Enterprise Software and Cloud Infrastructure around the same time
Companies in the same sectors as PointFive that raised within 45 days of this round, from Fundz verified event records.
- DriveNets raised $410M (Series D) on June 1, 2026.
- SkyPilot raised $20M (Seed) on July 21, 2026.
- StratusGrid raised $3M (Seed) on June 2, 2026.
- BlueNexus raised $2M (Seed) on July 17, 2026.
- Hisabkitab raised $21M (Seed) on July 15, 2026.
- Solving.AI raised $872K (Pre-Seed) on July 14, 2026.
Who to call at PointFive, and when
A new round usually means PointFive is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day PointFive raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PointFive, from your own LinkedIn network
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Funding Insights
What this usually meansPointFive raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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