Zylo offers an AI‑driven, financial‑grade system of record that consolidates SaaS and AI subscription spend, contracts, and usage data from finance, procurement, and IT sources into a single, continuously updated view. The platform identifies waste, forecasts cost exposure, and ranks renewal opportunities to enable proactive cost optimization, while providing governance tools and audit‑ready compliance features for large enterprises.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Enterprises often lack a unified, continuously updated view of all software and AI subscriptions, leading to hidden waste, unpredictable costs, and compliance risks. Disparate data sources and manual processes make it difficult to manage renewals, allocate spend, and enforce governance at scale.
Solution
Zylo provides a financial‑grade system of record that aggregates spend, contract, and usage data from finance, procurement, and IT systems. Its AI‑driven discovery continuously identifies and categorizes SaaS and consumption‑based applications, creating a single source of truth for software investments. The platform surfaces waste, forecasts cost exposure, and ranks renewal opportunities by potential savings, enabling proactive negotiation and cost avoidance. Integrated compliance features maintain policy enforcement and audit readiness, while role‑based access and SOC 2‑certified infrastructure ensure enterprise security. Zylo’s tiered offerings (Core, Premium, Enterprise) allow organizations to scale governance, automation, and multi‑unit management as needed.
Target Audience
Primary customers are large enterprises—IT, SaaS asset management, procurement, and FinOps teams—that need centralized visibility, cost control, and compliance for billions of dollars in software and AI spend.
Features
- AI‑powered continuous discovery and categorization of SaaS and AI applications across the enterprise
- Automated contract ingestion with structured context and benchmark pricing data for renewal negotiations
- Real‑time spend and usage monitoring, including consumption‑based cost forecasting and runaway spend alerts
- Unified reporting dashboard that consolidates spend, usage, and vendor information for IT, procurement, and FinOps teams
- Governance tools that enforce policy, maintain an auditable system of record, and support compliance reporting
- Role‑based access controls, SOC 2 certification, encrypted data storage, and multi‑tenant architecture for enterprise security
- API‑first integrations with finance, procurement, and IT systems, plus full CRUD API for workflow automation
- Scalable modules (Core, Premium, Enterprise) that add benchmarks, IAM actions, ITSM automations, cost allocation, and multi‑business‑unit support