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Frugal AI

Frugal AI

Private
OttawaAI, Data & Cloud Infrastructurehttps://frugal.co/

Last Round

Seed

Nov 12, 2025

Total Funding Raised

$5M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Frugal AI Inc. is a software company that provides an Application Cost Engineering (ACE) platform designed to help developers and FinOps teams optimize application code and cloud service usage to reduce costs.

Sector

AI, Data & Cloud Infrastructure

Verticals

Cloud Infrastructure, DevOps & Containers, NLP & Conversational AI, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

application cost engineeringACEcloud cost optimizationFinOpscloud bill reductionautomated code optimizationAI infrastructure costsFinOps toolscloud cost mappingcode-level optimizationshift leftdeveloper toolscloud observabilitycost guardrailscloud wasteAI agent security

Historical Pricing

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Caplight Momentum Score

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Frugal AI Comparables

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Frugal AI comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Cloudsweep
90%
Adaptive6
78%
Infracost
74%

Frugal AI Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedNov 12, 2025

Key People

Founding team and executive leadership

Mike Weider

Co-Founder and CEO

Founding Team

Frugal AI Investors

Notable investors and investment history

Frugal AI investors
InvestorRounds
Mistral Venture PartnersSeed
Whitecap Venture PartnersSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 1, 2026

    Grew 45% QoQ, from 11 to 16 employees.

  • Jun 26, 2026

    Monthly visitors increased 70% MoM.

Frugal AI Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Frugal AI Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Frugal AI's valuation, stock price, and market status.

Firmographic Details

HeadquartersOttawa
Employee Range16
Year Founded2025
Last FundingNov 12, 2025

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