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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 Comps

Public and private peers based on sector, stage, and business model.

Frugal AI comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Frugal AI Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedNov 12, 2025
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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
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 26, 2026

    Monthly visitors increased 70% MoM.

  • May 27, 2026

    Grew 50% QoQ, from 12 to 18 employees.

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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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