Key Takeaways
- • groundcover secured $100 million in Series C funding led by One Peak, with participation from Morgan Stanley Expansion Capital and existing backers Zeev Ventures, Angular Ventures, Heavybit, and Jibe.
- • The platform operates as a bring-your-own-cloud (BYOC), eBPF and OpenTelemetry-native observability solution deployed within customer infrastructure rather than centralized SaaS environments.
- • groundcover delivers full-stack observability for applications, infrastructure, and AI workloads with unlimited data coverage at materially lower costs than legacy observability vendors.
- • The funding positions the company to expand its agent-centric observability capabilities and capitalize on enterprise demand for cost-efficient, data-sovereign monitoring solutions.
Summary
groundcover announced a $100 million Series C funding round, reinforcing the observability software market's shift toward decentralized, cost-conscious architectures. The round was led by One Peak, with Morgan Stanley Expansion Capital joining as a new institutional investor alongside returning backers including Zeev Ventures, Angular Ventures, Heavybit, and Jibe.
The company differentiates itself through a bring-your-own-cloud deployment model that runs observability infrastructure within customer environments rather than sending data to third-party servers. This approach leverages eBPF and OpenTelemetry-native technologies to provide complete visibility across applications, infrastructure, and AI workloads without the operational overhead or data residency concerns associated with traditional centralized platforms.
groundcover's value proposition centers on cost efficiency and data control. The platform delivers unlimited data coverage at a fraction of the expense of legacy observability tools—a critical advantage as enterprises scale AI workloads and infrastructure complexity. The BYOC model also addresses regulatory and competitive concerns around data sovereignty, enabling organizations to maintain complete control over sensitive monitoring information.
The Series C round reflects investor confidence in the observability market's structural evolution. As AI and distributed systems proliferate, organizations require granular, real-time monitoring without prohibitive licensing costs. Morgan Stanley Expansion Capital's participation signals institutional recognition of the segment's enterprise expansion potential, while existing investors' continued backing demonstrates confidence in the company's execution trajectory.
The funding will likely fuel product development around agent-centric observability capabilities and market expansion targeting enterprises seeking alternatives to established vendors in a market increasingly commoditized around data volume and cost.
The company differentiates itself through a bring-your-own-cloud deployment model that runs observability infrastructure within customer environments rather than sending data to third-party servers. This approach leverages eBPF and OpenTelemetry-native technologies to provide complete visibility across applications, infrastructure, and AI workloads without the operational overhead or data residency concerns associated with traditional centralized platforms.
groundcover's value proposition centers on cost efficiency and data control. The platform delivers unlimited data coverage at a fraction of the expense of legacy observability tools—a critical advantage as enterprises scale AI workloads and infrastructure complexity. The BYOC model also addresses regulatory and competitive concerns around data sovereignty, enabling organizations to maintain complete control over sensitive monitoring information.
The Series C round reflects investor confidence in the observability market's structural evolution. As AI and distributed systems proliferate, organizations require granular, real-time monitoring without prohibitive licensing costs. Morgan Stanley Expansion Capital's participation signals institutional recognition of the segment's enterprise expansion potential, while existing investors' continued backing demonstrates confidence in the company's execution trajectory.
The funding will likely fuel product development around agent-centric observability capabilities and market expansion targeting enterprises seeking alternatives to established vendors in a market increasingly commoditized around data volume and cost.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.