Mavvrik, which helps businesses manage spending on cloud and IT infrastructure, has raised $6.2 million in seed funding, CEO Sundeep Goel tells Axios exclusively.
Why it matters: Global IT spending is increasing nearly 10% per year, and AI adoption could accelerate that pace.
Check out the full article at: https://www.axios.com/pro/fintech-deals/2025/02/19/cloud-cost-control-startup-mavvrik-raises-6-2m
Mavvrik has signed a distribution agreement with Ingram Micro that allows channel partners to offer cost governance across cloud, AI, SaaS, Kubernetes, and on-premises environments. The announcement is most relevant for MSPs and resellers that need multi-tenant FinOps delivery, Azure Tier 2 billing visibility, and GPU chargeback capabilities for customer environments.
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Universities are investing heavily in shared GPU clusters for AI research, but many still lack clear cost visibility. Transparent GPU chargeback enables research computing teams to track usage, allocate costs across labs and grants, and improve financial accountability across complex infrastructure environments.
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AI spending is growing fast, but cost visibility hasn’t kept up. Most teams can’t clearly answer what they spend on AI, which teams drive it, or what it costs to support a feature or customer. Full Stack AI Cost Governance changes that.
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