The Venture Codex Logo

The Venture Codex

env0

530 Lawrence Expressway, Sunnyvale, California, 94085, United States

Overview

env0 provides Infrastructure-as-Code (IaC) workflow automation and management software that enables teams to deploy and manage Terraform, Terragrunt, CloudFormation, Pulumi, Kubernetes and other IaC tools. The platform offers self-service environment provisioning with governance features including policy safeguards, RBAC, OIDC, auditing, external logging integrations, and a pluggable integration architecture. In FY 2022 the company grew by 450%, grew revenue by more than five times, and increased customer count by 2.5x, signing new customers including MGM Resorts International, PayPal, and VMware. Key product additions shipped in 2022 include automated drift detection, Azure DevOps support, Terraform end-to-end functionality (remote backend, module registry, remote plan, Plan/apply on PR), and enterprise capabilities such as multi-tier workflows. env0 says it will use the new funds to accelerate research and development and to scale customer cloud operations safely. The company positions itself to address a >30% annual IaC market projected to reach more than $3.5 billion by 2030. Env0 offers an infrastructure-as-code control plane that helps engineering teams automate and govern cloud deployments while enforcing cost limits. Its platform focuses on cloud cost control, developer self-service, teams and governance, and infrastructure-as-code automation. The product moved from beta to general availability about four months ago and the company reports dozens of paying customers and that it is generating revenue. Named customers include JFrog, Varonis and BigID. The company has grown headcount from seven employees in April 2020 to 17 today and plans to expand to roughly 50 within 18 months. Env0 is based in Israel and plans to open a Sunnyvale, California office. env0 develops self-service cloud management software that enables DevOps and R&D teams to self-provision resources across virtual environments and public clouds. The platform combines governance and cost control with automation for infrastructure-as-code deployments, using a policy engine to track and control cloud costs, allocate resources, and set TTL and scheduling policies. It aims to shift cloud cost responsibility left while giving engineering leaders transparency into every stage of development. env0 exited stealth two months prior to the announcement and introduced a public beta. The company announced a $3.5 million seed extension, bringing total funding to $6.8 million, and plans to use the funds to expand product R&D and accelerate go-to-market. Founded in 2018 by Ohad Maislish and Omry Hay, env0 is headquartered in Tel Aviv with offices in New York and Silicon Valley. Env0 builds a SaaS product that gives IT administrators control over when and how developers deliver Infrastructure as Code, with governance around security and cloud costs. The product lets admins define templates (which map repositories and cloud products) and projects (which control user access to templates) to balance self-service and oversight. The company positioned the product as providing visibility, predictability, and centralized governance for self-service cloud environments. Env0 launched 18 months prior to the article and had been in private beta before releasing a public beta alongside the funding announcement. The company reported having 10 employees. Env0 announced a $3.3M seed investment in conjunction with the public beta launch.

Total raised
$42M
Funding rounds
4
Latest round
Series A
Latest activity
Aug 2023

Industries

  • Cloud Data Services
  • Information Services
  • Information Technology
  • SaaS
  • Software
Visit website

Recent funding

  1. Series A

    Aug 2023

    $18M

  2. Series A

    Jun 2021

    $17M

  3. Seed

    Jul 2020

    $4M

  4. Seed

    Apr 2020

    $3M

Team