News.

New research shows that businesses are struggling to forecast AI costs, with more than half missing targets by 11–25% and…

New research shows 80% of enterprises are missing AI infrastructure forecasts by more than 25%, with 84% reporting margin erosion linked to AI costs.

Hidden infrastructure costs are eroding enterprise profitability, according to newly published survey data.

Channel Insider recently sat down with our CEO to discuss Mavvrik’s rebrand and what it means for IT, finance, and FinOps leaders navigating today’s complex technology spending landscape.

Channel Insider highlights Mavvrik’s recent funding raise and the opportunity ahead. Check out the full story: https://www.channelinsider.com/news-and-trends/mavvrik-rebrand-funding-2025

By Eric NewcomerBrain Candy | March 1, 2025 An Intellyx Brain Candy Brief IT costs are always difficult to estimate, especially project costs. Application development, maintenance, or modernization projects often run late and over budget, and the cost to host and run them isn’t easy to calculate. Visit Intellyx to read the full blog: https://intellyx.com/2025/03/01/mavvrik-comprehensive-tech-cost-manaagement/

Mavvrik announced a $6.2MM seed funding round led by S3 Ventures and Flyover Capital, with participation from Tuesday Capital, ClutchVC, Amplify.LA, and Knoll Ventures. This investment fuels Mavvrik’s go-to-market expansion and product innovation. As part of this growth, Mavvrik is expanding its leadership team, including the appointments of Paul Franz, VP of Sales; Chris Paap, VP…

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

As businesses increasingly integrate AI into their core operations, Mavvrik allows them to understand, control, and optimise LLM-related expenses.

Explore how DigitalEx’s innovative solution tackles the challenge of managing LLM costs, enabling enterprises to optimize AI investments and drive sustainable growth.

Mavvrik has unveiled its latest solution designed to help enterprises address the increasing challenge of managing costs associated with the generative AI boom and maximize their spending.

DigitalEx launched an MSP-focused module to help MSP customers onboard, report on and manage their customers’ cloud infrastructure, and optimize resources and spending.