StitcherAI Raises $3M in Pre-Seed Funding Led by Founders Co-op

The round also saw participation from Sunshine Lake VC, Ascend, and Plug & Play Ventures.

The company plans to use the funding to grow its operations and continue developing its technology.

StitcherAI embeds business context directly into how organizations make decisions. It uses a semantic engine built on FOCUS, an open billing standard adopted by AWS, Azure, and Google, and co-created by StitcherAI’s founder.

This engine brings together cloud, AI, SaaS, vendor, and cost data and translates it into business terms like products, customer segments, margins, unit economics, forecasts and cost controls. This intelligence then flows into existing systems such as data lakes, BI tools, JIRA, Slack, and ERP platforms, allowing organizations to use the insights directly within their current workflows.

A second layer is an always-on reasoning engine made of specialized agents that brings financial and organizational context into AI-driven workflows across tools like Claude, Cursor, and Codex as IT spending happens. This shifts companies from reacting to costs after invoices arrive to making cost-aware decisions in real time, helping reduce the delay in understanding business impact.

Engineers and AI agents now commit to spending at a speed that traditional finance systems were never designed to track. Because different tools, models, and vendors have different pricing and token structures, costs can vary from one request to another. Most existing IT finance tools still rely on manual tagging, constant oversight by finance teams, and user checking of dashboards.

While this may work at the human scale, it breaks down at the agent scale, creating the need for a platform that understands an organization’s IT costs, complexity, and financial goals to drive smarter, automated decisions.

While still in beta, StitcherAI has already shown clear value for large cloud and AI spenders, including a Fortune 500 job marketplace with rapidly growing AI costs. Customers using the platform reduced internal IT finance infrastructure costs by 80% and achieved results 85% faster.

"CIOs and CFOs are no longer asking, ‘how do we manage cloud and AI costs?’ They’re asking, 'Which AI investments are producing returns? How do we scale those and quickly kill the ones that aren’t?” said Tim Crawford, CIO Strategic Advisor at AVOA and a member of The Wall Street Journal Technology Council. “What CIOs and CFOs need is a system that puts their enterprise’s financial context into the workflow at the point of decision, for humans and agents. StitcherAI is the first platform architected from the ground up to do.

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StitcherAI closed a $3 million pre-seed funding round earlier this year. "The ROI of AI is now front and center for every board, and the IT Finance tooling to answer that question with confidence is now mission-critical," said Chris DeVore, Managing Partner of Founders Co-op. “StitcherAI is the answer. Udam co-created the open billing standard the entire industry runs on, helped build leading IT Finance products at Apptio, and built a global IT Finance practice at a Fortune 20 bank. That combination of domain expertise and first-principles thinking is rare, and it’s exactly what building for the agentic era requires.”

”I witnessed this problem firsthand while leading global IT Finance at Citi,” said Udam Dewaraja, founder and CEO of StitcherAI. “Humans and agents didn't check the dashboards of existing tools when committing spend, and often didn’t have access to all the relevant data. With StitcherAI, we reimagined how organizations manage modern IT spend using AI to automate low impact decisions while providing business-aligned financial intelligence for humans to make higher order IT investment decisions.”

About StitcherAI

Founded by Udam Dewaraja and Varun Mittal, StitcherAI is an embedded IT finance intelligence platform built for enterprises where technology spend is a major part of the business. The platform unifies cost data from AI, cloud, SaaS and internal IT systems. It brings financial context directly into the workflows where spending decisions are made, helping companies make more accountable, and informed investments.

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