PointFive Raises $60M Series B

PointFive, a Tel Aviv-based company developing a cloud and AI cost management platform, has raised $60 million in a Series B round, bringing its total funding to $96 million.

Investors

The round was led by Accel, with participation from Index Ventures, Salesforce Ventures, Entrée Capital, Perpetual Growth, Vesey Ventures, Sheva Ventures, Mickey Boodaei, Guy Podjarny, Yasmin Lukatz, and Amiram Shachar.

PointFive Use of Funds

PointFive plans to use the new capital to reallocate engineering resources, expand its AI-native product capabilities, and grow its team to meet the increasing demand for managing unpredictable AI infrastructure costs and consumption-based pricing models.

About PointFive

Founded in 2023 by Alon Arvatz, Gal Ben-David, and Amir Hozez, PointFive provides a cloud and AI cost management platform. The founders are Unit 8200 graduates who previously established IntSights. The company is focused on helping organizations navigate the shift toward AI-native software and consumption-based vendor pricing models.

Funding Details

Company Website: https://pointfive.co

Company: PointFive
Raised: $60M
Round: Series B
Funding Date: June 8, 2026
Lead Investor: Accel
Additional Investors: Index Ventures, Salesforce Ventures, Entrée Capital, Perpetual Growth, Vesey Ventures, Sheva Ventures, Mickey Boodaei, Guy Podjarny, Yasmin Lukatz, Amiram Shachar
Software Category: FinOps
Source: https://www.calcalistech.com/ctechnews/article/sjpjbnnwzl