# Spot by NetApp

**Source:** https://www.startuphub.ai/startups/spotinst
**Profile type:** Startup

> Cloud cost optimization and workload automation platform for enterprises.

## About

Flexera provides a unified platform for managing hybrid IT spend and risk, offering solutions for IT asset management, SaaS management, and FinOps. Their platform helps organizations gain clarity and control over their technology investments, understanding what they have, how it's used, its cost, and associated risks. Flexera serves businesses looking to align technology spend with priorities and drive smarter decisions.

## Key facts

- **Slug:** spotinst
- **Website:** https://flexera.com
- **Location:** Tel Aviv, Israel
- **Founded:** 2015-02-01 00:00:00
- **Employees:** 113
- **Operating status:** Active
- **Total funding:** $53M
- **Sectors / tags:** Enterprise, Development, Data Center, Cloud Infrastructure, Cost Optimization, DevOps, FinOps, Cloud Computing, Automation, Enterprise Software
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/spothq/
  - Twitter: https://x.com/flexera

## Frequently asked

### What does Spot by NetApp do?

Flexera provides a unified platform for managing hybrid IT spend and risk, offering solutions for IT asset management, SaaS management, and FinOps. Their platform helps organizations gain clarity and control over their technology investments, understanding what they have, how it's used, its cost, and associated risks. Flexera serves businesses looking to align technology spend with priorities and drive smarter decisions. (formerly Spotinst, Spot.)

### How much funding has Spot by NetApp raised?

Spot by NetApp has raised a total of $53M in funding. The most recent round on record is Series B.

### Where is Spot by NetApp headquartered?

Spot by NetApp is headquartered in Tel Aviv, Israel.

### When was Spot by NetApp founded?

Spot by NetApp was founded in 2015.

### What industry does Spot by NetApp operate in?

Spot by NetApp operates in Enterprise, Development, Data Center, Cloud Infrastructure, Cost Optimization, DevOps.

### How many employees does Spot by NetApp have?

Spot by NetApp has approximately 113 people on record.

### What is Spot by NetApp's revenue?

StartupHub estimates Spot by NetApp's annual revenue at $14.0M (range $7.4M to $36.3M, 71% confidence), based on comparable companies in the sector.

### What is Spot by NetApp's valuation?

StartupHub estimates Spot by NetApp's effective valuation at $210.6M (range $131.5M to $315.6M, 10% confidence), based on comparable companies in the sector.

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