Investing in AI? Don’t let costs outpace value. **Get the State of AI Cost Governance**! [READ NOW](/content/state-of-ai-cost-governance-report/index.html)

Published Date: February 19, 2025

# Axios: Mavvrik raises $6.2M seed to control cloud costs

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
