JetScale AI Raises $5.4M in Seed Funding

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Strong support for an AI solution based in Montreal that addresses the critical need for enterprise cloud optimization

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MONTRÉAL — JetScale AI, a Quebec-based cloud infrastructure development company, has announced the closing of a $5.4 million funding round to accelerate its growth and deployment across North America and Europe. JetScale AI is led by Mehdi Merai and Gabriel De Lisi, two AI experts who founded, scaled and successfully exited the ML company Dataperformers. JetScale AI was co-founded by Diagram using its studio model, which founded successful Canadian technology companies Nesto and Dialogue. The Business Development Bank of Canada’s (BDC) Seed Venture Fund and the Diagram ClimateTech Fund co-led this seed round, with support from several established players, including Telegraph Ventures, Fondaction and Mavrik as well as Cycle Momentum and Spring Impact Capital.

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JetScale AI supports any organization whose operations rely heavily on a rapidly growing cloud infrastructure, increasing the challenges they have to manage and optimize their cloud deployments. Increasing AI workloads are intensifying this pressure, making cloud computing one of the biggest budget items for many companies.

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The JetScale AI platform delivers rapid diagnostics, clear action plans and easy-to-implement remediation.. Tasks that until recently required several weeks of specialized expert work can now be completed in minutes by any IT team using JetScale AI. This directly drives cost savings for customers, reduces the geographic impact associated with overburdened datacenters, and enables a more efficient and secure cloud infrastructure.

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Quotes

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“The rapid adoption of our solution by our first customers, combined with a funding round that exceeded our expectations, confirms the value of our vision. We are now ready to accelerate innovation, strengthen our teams and expand our reach to make cloud development more accessible, reliable and sustainable.”

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– Mehdi Merai, CEO at JetScale AI

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“JetScale AI is redefining the way organizations manage cloud complexity as the demand for computing accelerates, delivering tangible benefits, power, and sustainability. We are proud to support Mehdi and Gabriel as they build a Canadian champion that replaces fragmented cloud optimization with a scalable, automated platform built on Verentus’ modern infrastructure at Venovators’ world-class scale. And, fully aligned with BDC’s mission as a development bank.”

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Dinar Ahmed, Partner, Seed Venture Fund, BDC

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JetScale AI propels cloud FinOps into a new era by revolutionizing cost optimization analytics. Powered by AI, the execution speed of JetScale AI ensures optimal ROI, even within large infrastructures.

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– Denis Dallaire, CIO and founder of Gologic

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We are excited to work with Mehdi and Gabriel to tackle the huge and rapidly growing problem of cloud power consumption, especially as unprecedented computing demand puts pressure on the power grid. JetScale AI is redefining cloud engineering by building an AI-enabled control layer that businesses have been missing to continuously improve their infrastructure. Eliminating waste from over-provisioned services is a win-win: it provides customers with meaningful cost savings and reduces energy waste. This aligns well with Diagram ClimateTech’s mission to bring back market-driven digital solutions to major climate challenges.

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– Amélie Foz-Couture, General Partner and Co-Head, Diagram ClimateTech Fund

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About JetScale AI

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Founded and based in Montréal, JetScale AI develops a powerful AI platform that addresses the challenges of cloud optimization, helping technology teams improve system reliability and gain better control over costs—at a time when digital performance and environmental responsibility are inseparable.

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