The Canadian AI Index

Founders / Craig Conboy

Craig Conboy

Craig Conboy is the co-founder and CTO of Frugal, a developer tools and AI agents company based in Ottawa. Craig Conboy co-founded Frugal with Mike Weider and Rob Calendino. Frugal raised a US$5M seed round in November 2025 led by Whitecap Venture Partners.

Co-founder/CTO of Frugal.

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Frugal

Code-level cloud and AI cost optimization platform.

Role
Co-founder/CTO
HQ
Ottawa, ON
Founded
2025
Status
Active
Disclosed raised
US$5M
Latest round
Seed, Nov 12, 2025
Website
frugal.co

Co-founders: Mike Weider, Rob Calendino

Investors: Whitecap Venture Partners, Mistral Venture Partners

Founders are listed as named in primary coverage of their companies. Profile links are matched to the company before they are published. To correct this page or ask for it to be removed, email the Index.

Data as of November 10, 2026.

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