For years, twin sisters Nilo Rahmani and Jen Rahmani swapped stories — and commiserated — over the pain points they were facing in their respective engineering jobs.
Nilo told TechCrunch that a frequent topic of conversation was about frustrations over the reliability platforms they were using at work. When they noticed the reliability landscape starting to shift a few years ago, they thought they had the perfect experience to build the right reliability solution for where the industry was headed.
“Before it was reliability first at all cost,” Nilo told TechCrunch. “Now [companies] are paying more attention to the costs of cloud. The whole industry is being crippled by these costs and the challenge grows exponentially as the business grows.”
The Rahmani sisters decided to launch Thoras to find a happy medium that allowed companies to find reliability without overexerting too many cloud resources. The Washington, D.C.-based company uses AI to help engineers quickly find and unearth the root cause of software disruptions. Thoras also helps enterprises discover optimization opportunities within reliability to help save on cloud costs.
Thoras claims it can help companies find and solve issues 70% faster than other methods while saving companies up to 60% on cloud costs.
Nilo, CEO, said that the platform is designed to be predictive of demand fluctuations so companies can more efficiently prepare for potential reliability disruptions and tap the proper cloud resources in advance.
Cloud observability already includes a number of players including New Relic, Splunk, and Dynatrace. The category seems poised to grow, too, with the advancements of AI. Linux and cloud infrastructure company SUSE announced a new cloud observability tool in November 2024.
Nilo said that what she thinks helps Thoras stand out is its approach to AI. While Thoras taps into machine learning tech, she said the company’s software isn’t over-leveraged on large language models. Instead Thoras opts for smaller models with clearer ROI. She added that many of their competitors are built around these LLMs, which aren’t always accurate and can result in a company overconsuming resources.
Thoras came out of stealth in January 2024 and raised a $1.5 million pre-seed round in March 2024. The company has seen its revenue grow 360% in the last nine months. Now the company is announcing new financing that it raised to help keep up with customer demand.
The startup raised $5 million in a seed round led by Wellington Ventures with participation from Sinewave Ventures, Focal Ventures, and Storytime Capital, among other investors. The company plans to put the capital toward hiring engineers, building out the product and keeping up with demand.
“This round was a lot more smooth sailing,” Nilo said, comparing it to the company’s pre-seed round. “We had the traction and the metrics that prove we understand product-market fit and what we need to do to get to that next level.”
Thoras has been focused on Kubernetes environments, which was intentional, but Nilo said part of its future product expansion will involve moving into other types of cloud software as well.
Jen, COO, told TechCrunch that her and Nilo never thought they’d launch a company together — neither did their immigrant parents, who were surprised they would be interested in giving up the security their full-time jobs provided. But Jen described her and Nilo are a “power duo” that uses their connection as twins to better solve problems.
“In the very beginning, [our parents] were confused and nervous for us,” Nilo said. “They always believed in us. Now they are thrilled to see what we are doing.”
