CAST AI Valuation, Funding & Investors
CAST AI is valued at $1B as of January 2026.
Last CAST AI valuation
$1B
Series C · Jan 2026
Last CAST AI funding round
Series C
Amount undisclosed · Jan 2026
Cumulative funding CAST AI raised
$181M
across 6 funding rounds
Key investors in CAST AI
Creandum
Cota Capital
Hedosophia
Uncorrelated Ventures
Vintage Investment Partners
Florida Funders
About CAST AI
CAST AI is a Kubernetes optimization platform reducing cloud costs on AWS, Azure, and GCP through real-time machine learning adjustments. Beyond monitoring, it autoscales clusters, rightsizes resources, and enhances security. CAST AI boosts DevOps productivity for enterprises managing container workloads.
Founded
2019
HQ
Miami, FLWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1B (Jan 2026)
CAST AI Valuation
CAST AI is currently valued at $1B, based on its Series C in January 2026.
The round was led by Pacific Alliance Ventures.
CAST AI's valuation has grown 1.1x from $900M at its Series C in April 2025 to $1B in January 2026, across 2 priced rounds.
CAST AI valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2026 | Series C | $1B |
| Apr 2025 | Series C | $900M |
CAST AI Funding History
CAST AI has raised a total of $181M across 6 funding rounds.
CAST AI's first fundraising round was a $8M seed round in November 2020. The most recent completed round was a Series C in January 2026.
CAST AI funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2026 | Series C | Pacific Alliance Ventures (lead) | - | $1B | CAST AI Group Inc. is a Miami-based startup founded in 2019 that provides an application performance automation platform using machine learning to optimize Kubernetes environments in the cloud for cost savings, security, and efficiency through right-sizing resources, autoscaling, and spot instance management. The platform supports FinOps and cloud engineering operations for enterprises running cloud-native and AI workloads. Customers include Akamai, BMW, Cisco, FICO, HuggingFace, NielsenIQ, Swisscom, and TGS. In January 2026, CAST AI secured a strategic investment from Pacific Alliance Ventures, the U.S.-based corporate venture arm of South Korea’s Shinsegae Group, surpassing a $1 billion post-money valuation and achieving unicorn status. This followed a $108 million Series C round led by G2 Venture Partners and SoftBank Vision Fund 2, bringing total funding over $180 million. The amount raised in this strategic round was undisclosed. The investment supports global scaling, international expansion with offices in Bangalore, London, New York, Tel Aviv, and subsidiaries in Canada, France, India, Korea, Lithuania, Singapore, and the UK, and development of OMNI Compute, a unified compute marketplace that connects external GPU capacity across clouds as native compute without code changes. OMNI Compute enables AI inference workloads to run without cloud lock-in, ensuring scalability, infrastructure predictability, sovereignty, and compliance; Oracle is among the cloud providers offering GPU capacity. |
| Apr 2025 | Series C | G2 Venture Partners (lead); SoftBank Group (lead); Creandum; Vintage Investment Partners; Uncorrelated Ventures; Cota Capital; Aglaé Ventures; Hedosophia | $108M | $900M | Cast AI is a Miami-based Kubernetes automation platform founded in 2019 that specializes in optimizing cloud infrastructure for AI and demanding workloads. The company's core offering is Application Performance Automation (APA), which goes beyond traditional monitoring and observability to automatically optimize Kubernetes clusters in real-time using machine learning. By analyzing GPU and compute resource allocation, Cast AI helps organizations reduce cloud costs by three- to tenfold, improve performance, enhance security, and boost productivity for DevOps and engineering teams. The platform integrates with major cloud providers including AWS, Google Cloud, and Microsoft Azure, as well as on-premise environments. In April 2025, Cast AI closed a $108 million Series C funding round led by G2 Venture Partners and SoftBank Vision Fund 2, with participation from Aglaé Ventures (Bernard Arnault's investment vehicle), Hedosophia, Cota Capital, Vintage Investment Partners, Creandum, and Uncorrelated Ventures. The round brought the company's post-money valuation to approximately $900 million, representing a substantial step-up from its November 2023 Series B valuation of $300 million. The oversubscribed round reflected strong investor demand driven by Cast AI's rapid revenue growth and increased market demand. Cast AI demonstrated significant traction heading into the Series C, having more than doubled its customer base between 2023 and 2024 to reach 2,100 organizations. The company's customer roster includes Fortune 500 companies and major brands such as Akamai, BMW, FICO, Hugging Face, NielsenIQ, and Swisscom. CEO Laurent Gill noted that the company does not have a Fortune 500 customer that isn't using Cast AI's product for managing GPUs, underscoring the platform's adoption among enterprise clients. The newest wave of customers represents some of the world's largest companies seeking to optimize their AI infrastructure costs and performance. Cast AI positioned itself within the broader AI infrastructure ecosystem, joining the portfolio companies of SoftBank alongside OpenAI and AI infrastructure provider Crusoe Energy. CEO Yuri Frayman emphasized the company's focus on maximizing GPU and compute resource efficiency at a time of soaring energy and electricity demands in AI workloads. The Series C funding was earmarked for accelerating global expansion, deepening research and development, and advancing the company's application performance automation capabilities. Notably, Frayman stated the company 'could be profitable today' with 'healthy margins and numbers,' suggesting this would likely be Cast AI's final funding round before potential exit or profitability milestones. |
| Nov 2023 | Series B | Hedosophia (lead); Vintage Investment Partners (lead); Creandum; Uncorrelated Ventures | $35M | - | CAST AI is a Kubernetes cost optimization platform that uses machine learning and heuristics to automatically optimize cloud resources on AWS, Google Cloud, and Azure, delivering average savings of 50% or more on cloud spend while improving performance and reliability. Founded in 2019 by Yuri Frayman, Leon Kuperman, and Laurent Gil, the company provides an all-in-one solution for Kubernetes automation, optimization, security, and cost management, analyzing workloads to adjust resources proactively. On November 7, 2023, CAST AI announced a $35 million Series B funding round led by Vintage Investment Partners, with participation from existing investors Creandum and Uncorrelated Ventures, bringing total funding to $73 million following a prior $20 million round in March 2023 led by Creandum. Funds will accelerate platform innovation, expand capabilities, and enhance customer savings and productivity, with recent customers including Akamai, Yotpo, NielsenIQ, OpenX, Branch.io, ShareChat, Hitachi, Forbes, Samsung Next, Snow Commerce, Surfshare, and Delio. CAST AI was named a Cool Vendor in the 2023 Gartner Cool Vendors™ in Cloud That Drive Business Disruption report, highlighting its disruption in cloud optimization. The platform differentiates by going beyond monitoring to autonomous optimization, training models on millions of utilization data points for predictive scheduling and workload seasonality. It operates in the growing FinOps market, competing with CloudZero, ProsperOps, Finout, Vantage, Ternary, and Zesty, amid rising cloud costs. |
| Mar 2023 | Series B | Creandum (lead); SAV (Scale Asia Ventures); Web Summit Ventures | $20M | - | CAST AI is a Lithuanian-founded startup (with Miami operations) providing an application performance automation platform for optimizing cloud-native and AI workloads, using machine learning for Kubernetes autoscaling, right-sizing, spot instance management, and cost savings across providers like AWS, Google, and Azure. It serves enterprises in FinOps and cloud engineering, enabling efficient AI inference and compute without lock-in. In March 2023, CAST AI raised a $20M round with Creandum as lead investor, alongside Scale Asia Ventures (SAV) and Web Summit Ventures, as part of its Series B efforts; Vintage Investment Partners co-invested. This followed prior funding and preceded the April 2024 $108M Series C led by G2 Venture Partners and SoftBank Vision Fund 2 at $900M valuation, with participation from Aglaé Ventures, Hedosophia, Cota Capital, and Uncorrelated Ventures. Total funding reached about $200M by early 2026. By 2024, CAST AI doubled its customer count from 2023 levels to over 2,000, including Akamai, BMW, Cisco, FICO, HuggingFace, NielsenIQ, and Swisscom, while expanding offices to India and Singapore. In January 2026, CAST AI achieved unicorn status with an undisclosed strategic investment from Pacific Alliance Ventures (PAV), valuing it over $1B, to launch OMNI Compute GPU marketplace for unified resource access across clouds. This built on Series C momentum amid rapid growth in AI infrastructure demand. |
| Oct 2021 | Series A | Cota Capital (lead); Samsung NEXT; Florida Funders | $10M | - | CAST AI raised $10 million in a Series A round on approximately December 10, 2021, led by Cota Capital with participation from Samsung Next and other investors including Florida Funders. The funding aimed to accelerate product development for fully automated cloud cost optimization for Kubernetes workloads across AWS, Google Cloud Platform, and Microsoft Azure. CAST AI's platform optimizes cloud deployments to control costs, addressing challenges in cloud-native environments. Yuri Frayman, CAST AI co-founder and CEO, stated the funds would enhance AI-driven optimization for cloud deployments and deliver measurable value to customers. Bobby Yazdani, Cota Capital founder and partner, highlighted CAST AI's ability to tackle cloud-native optimization challenges. |
| Nov 2020 | Seed | DNX Ventures; TA Ventures; Florida Funders | $8M | - | - |
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Who has invested in CAST AI?
15 investors have backed CAST AI across its funding rounds, including Creandum, Cota Capital, Hedosophia, Uncorrelated Ventures, Vintage Investment Partners and Florida Funders.
Lead investors include Pacific Alliance Ventures, G2 Venture Partners, SoftBank Group, Hedosophia, Vintage Investment Partners and 2 other investors.
CAST AI Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Stockholm | 3 | Lead | Mar 2023 | |
 Herzliya | 2 | Lead | Nov 2023 | |
 London | 2 | Participant | Nov 2023 | |
| San Francisco, CA | 2 | Lead | Oct 2021 | |
| London | 2 | Lead | Nov 2023 | |
| Tampa, FL | 2 | Participant | Nov 2020 | |
| San Francisco, CA | 1 | Participant | Oct 2021 | |
 Tokyo | 1 | Lead | Apr 2025 | |
| San Francisco, CA | 1 | Participant | Nov 2020 | |
| San Francisco, CA | 1 | Participant | Mar 2023 | |
| San Francisco, CA | 1 | Lead | Apr 2025 | |
 Dublin | 1 | Participant | Mar 2023 | |
 Frankfurt | 1 | Participant | Nov 2020 | |
This data is available for Pro users. Sign up to see all 15 CAST AI investors. Start Free Trial | ||||
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Start Free TrialCAST AI Competitors
CAST AI competitors include listed companies like Rackspace and cyber_Folks, and private ones like Spectro Cloud, CloudBees, Aikido Security and Defense Unicorns.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Jose, CA | Private | - | - | $1B | - | |
| San Jose, CA | Private | $150M | - | $1.1B | 7.7x | |
 Ghent | Private | $13M | - | $1B | 76.9x | |
| Colorado Springs, CO | Private | - | - | $1B | - | |
| United States | Publicly listed | $2.7B | $244M | $997M | 1.6x | |
 Poland | Publicly listed | $226M | $72M | $996M | 4.3x |
CAST AI Public Comps
CAST AI is still privately-owned, but its public comps include Rackspace, cyber_Folks, Systena, SAKURA Internet, Net263, Montnets, Wiit, PagerDuty, Backblaze and Odine.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2.7B | $244M | 1.5x | 1.6x | 17.1x | 15.0x | |||
| $226M | $72M | 5.1x | 4.3x | 16.1x | 13.0x | |||
| $607M | $107M | 1.4x | 1.4x | 7.9x | - | |||
| $227M | $54M | 4.8x | 4.1x | 19.9x | 14.1x | |||
| $119M | ($29M) | 7.4x | - | (30.1x) | - | |||
| $389M | ($17M) | 2.5x | - | (55.5x) | - | |||
| $193M | $51M | 6.0x | 6.0x | 22.7x | 14.3x | |||
| $493M | $17M | 2.2x | 2.2x | 64.6x | 7.7x | |||
This data is available for Pro users. Sign up to see all CAST AI competitors and their valuation data. Start Free Trial | ||||||||
Common questions about CAST AI
| When was CAST AI founded? | CAST AI was founded in 2019. |
| Where is CAST AI headquartered? | CAST AI is headquartered in Miami, FL, United States. |
| Is CAST AI publicly listed? | No, CAST AI is a private, VC-backed company. |
| What is CAST AI's valuation? | CAST AI was last valued at $1B in its Series C in January 2026. |
| How much funding has CAST AI raised? | CAST AI has raised $181M across 6 funding rounds. |
| What was CAST AI's last funding round? | CAST AI's last funding round was a Series C in January 2026, led by Pacific Alliance Ventures. |
| Who are CAST AI's investors? | CAST AI's investors include Creandum, Vintage Investment Partners, Uncorrelated Ventures, Cota Capital, Hedosophia, Florida Funders, Samsung NEXT, SoftBank Group, DNX Ventures, SAV (Scale Asia Ventures) and 5 others. |
| Which companies are comparable to CAST AI? | Companies comparable to CAST AI include Spectro Cloud, CloudBees, Aikido Security, Defense Unicorns, Rackspace and cyber_Folks. |
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