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Frugal has raised $5.0M across 1 funding round.
Key people at Frugal.
Frugal has raised $5.0M in total across 1 funding round.
Frugal is a technology company based in an undisclosed location that provides an artificial intelligence-powered cost engineering platform designed to help software developers reduce cloud infrastructure expenses. The organization focuses on integrating cloud efficiency directly into application code, allowing engineering teams to optimize resource consumption without compromising their overall development speed. By targeting software engineers building complex applications, the platform attempts to reconcile the historically competing priorities of rapid deployment and strict financial management. While specific corporate metrics regarding total funding, company valuation, or active user counts remain undisclosed, the system operates within the broader cloud computing sector, optimizing environments that typically rely on major infrastructure providers such as Amazon Web Services, Google Cloud, and Microsoft Azure. The enterprise was established in an undisclosed year by executive leaders and co-founders Rob Calendino, Craig Conboy, and Michael Weider.
Frugal has raised $5.0M in total across 1 funding round.
Frugal's investors include Mistral Venture Partners.
Key people at Frugal.
Frugal has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in November 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 12, 2025 | $5M Seed | — | Mistral Venture Partners | Announced |