PointFive Raises $60 Million In Series B Funding Round
Summary
PointFive raised $60 million in Series B funding led by Accel, with participation from Salesforce Ventures, Index Ventures, and others. The company values the AI efficiency platform at a $500 million post-money valuation and lifts total funding to about $96 million. PointFive focuses on cloud and AI cost optimization across major cloud and data platforms, and it also launched new AI-native product capabilities alongside the round. The company says it will use the capital to deepen product coverage and expand go-to-market efforts, especially in the US.
Funding
Amount
$16.0M
Total raised
Date
June 10, 2026
Announcement date
Investors
Salesforce Ventures, Swiss Post, Rapid7, Hertz, Accel, Nubank, Fanatics, Entrée Capital, Perpetual Ventures, NICE, Index Ventures
Lead investors
Company
pointfive.co
Funded company
Classifications
industries
Fintech & Banking
applications
Networking and Cloud
AskAI Classifications
Labels
Cloud Efficiency Management Software
SaaS
Cloud Optimization Tools
Linked Companies
PointFive
$1M to $5M