DigitalEx
6001 West Parmer Lane Suite 370, Austin, Texas, 78727, United States
Overview
Mavvrik is the financial control center for modern IT, delivering complete visibility, automation, and governance across cloud, AI, SaaS, and on‑prem infrastructure. Its platform gives CFOs, FinOps, and IT teams real‑time control over spend, with features for full cost visibility, automated cost allocation and chargebacks, budget guardrails, anomaly detection, and per‑model AI/GPU spend tracking. Mavvrik integrates with public clouds (AWS, Google Cloud, Microsoft Azure, Oracle Cloud), private environments (VMware, Kubernetes), AI providers (Meta, Anthropic, OpenAI, Mistral, Amazon Bedrock, Gemini) and SaaS such as Databricks and MongoDB to enable Cost‑to‑Serve and unit‑level economics. The company says it helps enterprises reduce waste, enforce financial accountability, and optimize AI and hybrid cloud spend. The announced $6.2MM seed will fund go‑to‑market expansion and product innovation. As part of its growth plan Mavvrik is expanding its leadership team, adding Paul Franz as VP of Sales, Chris Paap as VP of Product Management, and Lindsey Tishgart as VP of Marketing. DigitalEx develops CloudCompare™, an AI-driven platform for monitoring, analyzing, and optimizing cloud costs across public and private clouds. The product provides real-time visibility and control over cloud spend and integrates data from diverse cloud platforms to enable intelligent cost optimizations. The company plans to use proceeds from a $2M pre-seed round to accelerate CloudCompare development and expand market reach. DigitalEx was established by Safi Siddiqui and Darmawan Suwirya, who have a combined 20 years of cloud experience, and is led by CEO Sundeep Goel. An early customer, XpressDocs, reported improved cloud cost management and more collaborative workflows after adopting DigitalEx. The article positions the funding as enabling execution on the CloudCompare roadmap amid recent AI developments.
- Total raised
- $8M
- Funding rounds
- 2
- Latest round
- Seed
- Latest activity
- Feb 2025
Industries
- Information Technology
- Software
Recent funding
Seed
Feb 2025
$6M
Seed
Apr 2023
$2M