The Canadian AI Index

Founders / Mike Weider

Mike Weider

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

Co-founder/CEO of Frugal.

LinkedIn@mweider

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Frugal

Code-level cloud and AI cost optimization platform.

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

Co-founders: Craig Conboy, 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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