Key facts
- It has raised $5.0M; the latest was Seed Round ($5.0M) in May 2025.
- Notable investors include Mistral Venture Partners, Whitecap Venture Partners.
- Status: Privately Held (backing).
- ·The complete investor list — 2 names
- ·Watchlist + deal alerts for Frugal
- ·The full record, as it builds
Funding rounds
No funding rounds for Frugal are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
About Frugal
Developer of an application cost engineering platform designed to optimize application code and managed service usage for reducing cloud costs. The company's platform analyzes code and managed service consumption across major cloud providers and implements cost-saving measures, such as rebalancing API and storage costs, rightsizing logs and metrics, and reducing AI token usage, while applying a security-first architecture, enabling enterprises to achieve greater efficiency and security in their cloud environments.
- Sector
- Information Technology
- HQ
- Ottawa, Canada
- Founded
- 2025
- Employees
- 9
- Website
- frugal.co/
- Ownership
- Privately Held (backing)
Frugal doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Frugal shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Frugal in its N-PORT filings yet. We sweep new filings monthly.