Firefly Raises $23 Million in Series A 

by Kay Aloha Villamor in May 30th, 2024

Firefly, a Tel Aviv, Israel-based startup that provides cloud asset management with its infrastructure as code solution, raised $23 million in Series A funding.  


The round was led by Vertex, with participation from Hanaco, SoftBank, InMotion Ventures, and Redseed.   

Firefly Use of Funds  

The company will use the funding to expand its capabilities and market presence.  

About Firefly  

Founded in 2021, Firefly specializes in cloud asset management, leveraging infrastructure as code solutions to help organizations manage and optimize their cloud environments. Its platform uses AI to scan and manage assets across major cloud providers, including Google Cloud, Microsoft Azure, and Amazon Web Services. The company serves a growing number of customers, including some of the largest Fortune 500 companies.  

Funding Details                                           

Company: Firefly  

Raised: $23.0M                          

Round: Series A  

Funding Month: May 2024                          

Lead Investors: Vertex     

Additional Investors: Hanaco, SoftBank, InMotion Ventures, Redseed  

Company Website:     

Software Category: Cloud Asset Management   


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