Spot - About the company
Spot is an acquired company based in San Francisco (United States), founded in 2015 by Amiram Shachar and . It operates as a Platform offering cloud spend management software. Spot has raised $52M in funding from Highland Europe. The company has 266 active competitors, including 51 funded and 22 that have exited. Its top competitors include companies like Apptio, Flexera and Anodot.
Company Details
Platform offering cloud spend management software. It offers data driven metrics to understand the areas of enhancement. The platform provides a view of cloud cost across tags, usage types, accounts, workloads, and more. The features of the product include real time optimization, cloud cost analysis, and cloud application auto scaling. Its offering includes capacity management, big data, container infrastructure, and more.
- Website
- Social
- Email ID
- @spot.io
- Phone Number
- +1
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Acquired
Total Funding
in 2 rounds
Latest Funding Round
Investors
Ranked
5th among 266 active competitors
Similar Companies
Apptio &
Exit Details
Acquired by Flexera (Jan 15, 2025)
Legal entities associated with Spot
Spot is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Dec 18, 2002 | - | 112 | 380 | |
$181M (as on Mar 31, 2022) | 584 | 276 |
Spot's acquisition details
Spot got acquired by Flexera on Jan 15, 2025.
Click to take a look at Spot's acquisition in detail
Spot's funding and investors
Spot has raised a total funding of $52M over 2 rounds. Its latest funding round was a Series B round on Aug 28, 2018 for $35M. 4 investors participated in its latest round, which includes Highland Capital Partners, Intel Capital, Greylock and Vertex Ventures Israel.
Spot has 10 institutional investors including Highland Europe, and Intel Capital. Gili Raanan is only Angel Investor in Spot.
Here is the list of recent funding rounds of Spot:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Aug 28, 2018 | $35M | Series B | 2288806 | 5445030 | Leaders Fund, , and |
Access funding benchmarks and valuations. Sign up today!View details of Spot's funding rounds and investors
Spot's founders and board of directors
The founders of Spot are Amiram Shachar and . Amiram Shachar is the CEO of Spot. Amiram Shachar has founded 3 more companies - , Upwind and . has founded 2 more companies - and .
View details of Spot's Founder profiles and Board Members
Spot's Competitors and alternates
Top competitors of Spot include Apptio, Flexera and Anodot. Here is the list of Top 10 competitors of Spot, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  Apptio 2007, Bellevue (United States), Acquired | Cloud spend management platform for enterprises | $136M | T. Rowe Price, Ares Capital CorporationÌý&²¹³¾±è;Ìý | 75/100 |
2nd | Flexera 2008, Itasca (United States), Acquired | Online platform offering cloud management solutions | $5.76M | HarbourVest Partners, TAÌý&²¹³¾±è;Ìý | 75/100 |
3rd | AI based cost management platform | $65.5M | Intel Capital, SBVAÌý&²¹³¾±è;Ìý | 73/100 | |
4th |  BetterCloud 2011, New York City (United States), Series G | SaaS applications management solutions provider | $187M | Warburg Pincus, Millennium Technology Value PartnersÌý&²¹³¾±è;Ìý | 68/100 |
5th |  2015, San Francisco (United States), Acquired | Platform offering cloud spend management software | $52M | Highland Capital Partners, Intel CapitalÌý&²¹³¾±è;Ìý | 68/100 |
6th |  Vendr 2018, Boston (United States), Series B | Platform offering saas management solutions | $216M | Tiger Global Management, Sound VenturesÌý&²¹³¾±è;Ìý | 67/100 |
7th | CAST AI 2019, Miami (United States), Series B | AI powered cloud spend management platform | $92.5M | Creandum, Vintage Investment PartnersÌý&²¹³¾±è;Ìý | 66/100 |
8th |  Orb 2019, San Francisco (United States), Series B | Platform offering infrastructure monitoring solutions | $44.1M | 65/100 | |
9th | Cloudability 2011, Portland (United States), Acquired | Financial Management Tool for the Cloud | $44M | Trinity Ventures, DCVCÌý&²¹³¾±è;Ìý | 64/100 |
10th | Tangoe 2000, Boulevard (United States), Acquired | Cloud-based IT expense life cycle management software provider | $34.2M | Western Technology Investment, Sevin RosenÌý&²¹³¾±è;Ìý | 61/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Spot's competitors? Click to see the top ones
Spot's Investments and acquisitions
Spot has made no investments or acquisitions yet.
Reports related to Spot
Here is the latest report on Spot's sector:
View
News related to Spot
Media has covered Spot for a total of 5 events in the last 1 year.
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Financial Post•Jun 20, 2024•Spot
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Business Wire•Jul 28, 2021•Spot, GreatPoint Ventures, Montage Ventures, Mutual of Omaha and 3 others
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Spot
When was Spot founded?
Spot was founded in 2015.Where is Spot located?
Spot is located in San Francisco, United States.Is Spot an acquired company?
Spot got acquired by Flexera on Jan 15, 2025.When was the latest funding round of Spot?
Spot's latest funding round was on Aug 28, 2018.What is the annual revenue of Spot?
Annual revenue of Spot is undefined as on undefined.Our Lite Plan Awaits you - Its Free!
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