Vantage embarked on its journey in 2020, co-founded by Ben Schaechter and Brooke McKim. Their shared experiences leading cloud infrastructure teams at DigitalOcean and container-focused teams at Amazon Web Services (AWS) illuminated a common challenge: the complexity and opacity of cloud infrastructure bills. This realization became the cornerstone of Vantage's mission: to bring simplicity and clarity to cloud cost management. From its inception, Vantage has been dedicated to providing a superior experience for organizations looking to understand and optimize their cloud expenditures.
Headquartered in New York City, Vantage quickly established itself as a key player in the FinOps landscape. The company's platform was designed to offer a comprehensive, single-pane-of-glass view into cloud infrastructure costs, integrating with a multitude of cloud providers including AWS, Azure, GCP, Snowflake, and Datadog. This approach resonated with businesses of all sizes, from individual developers to Fortune 500 companies, who were grappling with the intricacies of their cloud spend. Vantage's commitment to empowering engineers and finance teams with actionable insights has fueled its growth. The company secured a $4 million seed round led by Andreessen Horowitz and later, in March 2023, announced a significant $21 million Series A funding round led by Scale Venture Partners, with continued participation from Andreessen Horowitz and other notable investors. This financial backing has enabled Vantage to expand its team, enhance its product offerings, and broaden its reach, now helping organizations manage billions of dollars in annualized infrastructure costs. The team comprises seasoned professionals with experience from major tech companies, further solidifying Vantage's expertise in the cloud cost optimization domain.