Frugal has raised $5.0M across 1 funding round on record, the most recent a Seed of $5.0M announced in Nov 2025.
That round is above the $2.2M median round size for Canada companies tracked on FundedIQ over the last two years.
Frugal Company Profile and Key Stats
Latest funding round on record: Nov 2025.
Frugal Funding Rounds
Frugal Founders and Leadership Team
Contact details for the Frugal team: 1 of 1 has an email address on file, 1 has a LinkedIn profile.
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Frugal's latest round of $5.0M is above the median round in Canada. Medians cover the last 24 months of disclosed rounds.
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Frugal Funding FAQs
What does Frugal do?
Frugal is a cloud cost optimization tool focusing on optimizing application code and managed service usage.
How much funding has Frugal raised?
Frugal has raised $5.0M across 1 round on record. The most recent is a Seed of $5.0M announced in Nov 2025.
When did Frugal last raise funding?
Frugal's most recent funding round on record is a Seed of $5.0M, announced in Nov 2025.
Where is Frugal headquartered?
Frugal is based in Ottawa, Canada.
How many employees does Frugal have?
Frugal is in the 1-10 employee band.
About FundedIQ's Frugal Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Frugal is left off this page rather than filled in.
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