Cast AI Bags $108M to Turbocharge Cloud Cost-Saving Automation

Cloud Cost Control Just Got a Major Boost

Miami-based Cast AI has snapped up $108 million in fresh Series C funding, led by New York-based firm Spark Capital. The cloud optimization startup offers AI-driven automation tools that help companies slash their cloud bills, with a focus on major platforms like AWS, Google Cloud, and Microsoft Azure. This funding round marks a pivotal expansion point as cloud spending becomes a growing pain point for businesses worldwide. Cast AI’s platform continually analyzes usage patterns and automatically adjusts resources to eliminate waste and boost efficiency.

A Rising Star in the Cloud Wars

With demand for cost-effective cloud infrastructure soaring, Cast AI has positioned itself as a go-to solution for enterprise clients looking to rein in expenses. The company reports tripling its revenue in the past year and plans to scale up hiring, product development, and global footprint with the new capital. Its AI model distinguishes itself by not only providing recommendations but taking autonomous action — a feature that has won over tech-heavy clients such as Snowflake and Yotpo. The move signals growing investor confidence in cloud automation’s role in the next phase of infrastructure management.