PointFive

Summary active Updated Jun 8, 2026

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Location New York, NY
Founded 2023
Latest Stage Series B
Total Raised $96M

Investors

Mickey Boodaei series-b (2026)
Accel series-b (2026)
Index Ventures series-b (2026)
transmit-security 2024-06-18 (2024)

Founders

Alon Arvatz Co-Founder & CEO
Gal Ben-David Co-Founder & CPO
Amir Hozez Co-Founder & CTO

About

PointFive is a New York-based AI and cloud efficiency platform that helps companies reduce spend across cloud infrastructure, data platforms, AI workloads, and coding agents 1. Founded in 2023 by Alon Arvatz (CEO), Gal Ben-David (CPO), and Amir Hozez (CTO), the company markets itself as an “AI Efficiency OS” that continuously surfaces optimization opportunities and translates them into engineer-actionable fixes 12. Customers include Nubank, E.ON, Hertz, Fanatics, Swiss Post, and NICE, and the company reports a sixfold increase in annual recurring revenue across 2024 and 2025 12.

Funding History

Date Round Amount Lead Co-investors
2026-06-08 Series B $60M Accel Salesforce Ventures, Entrée Capital, Perpetual Growth, Vesey Ventures, Sheva Ventures, Index Ventures, Mickey Boodaei, Guy Podjarny, Yasmin Lukatz, Amiram Shachar 123

Total funding to date: $96M 12.

What Investors Say

No investor quotes were published in the announcement coverage reviewed.

What Founders Say

“Every company is now an AI company, and every AI company is about to get a bill it did not budget for…PointFive finds the waste at the source and puts the fix in the engineer’s hands.” — Alon Arvatz, CEO, in Globes coverage of the Series B 2.

“Organizations are not ready for the pace of AI adoption. We are seeing growth rates of hundreds of percent per year, and AI spending inside companies is increasing fivefold.” — Alon Arvatz, CEO, Calcalist 3.

Sources


  1. FinSMEs, “PointFive Raises $60M in Series B Funding,” June 8, 2026. https://www.finsmes.com/2026/06/pointfive-raises-60m-in-series-b-funding.html

  2. Globes, “Israeli AI efficiency co PointFive raises $60m,” June 8, 2026. https://en.globes.co.il/en/article-israeli-ai-efficiency-co-pointfive-raises-60m-10015453

  3. Calcalist, “PointFive raises $60 million Series B to help companies survive the AI cost explosion,” June 8, 2026. https://www.calcalistech.com/ctechnews/article/sjpjbnnwzl