Cloud Capital secures £4.3m in seed funding led by Backed Ventures and Middlegame Ventures to expand its cloud financial control platform.
Backed Ventures and Middlegame Ventures led the seed round to support the formal launch of the cloud financial control platform.
Cloud Capital provides a financial technology platform that helps finance leaders forecast, manage, and de-risk cloud infrastructure expenditure. The company operates across North America and Europe to support high-growth technology businesses.
Cloud Capital has secured £4.3m in a seed round led by Backed Ventures and Middlegame Ventures, with participation from DFF Ventures. The fresh capital follows an initial pre-seed raise and supports the formal launch of the company out of stealth. The funding will accelerate the rollout of its financial technology platform designed to help chief financial officers navigate rising cloud costs driven by artificial intelligence workloads.
Founded by repeat entrepreneurs Edward Barrow, Spencer Pingry, and Zack Liscio, the startup combines real-time usage data with financial modeling to manage long-term cloud commitments. The platform underwrites financial exposure and offers forecasting tools to bring greater predictability to corporate balance sheets.
From the founder
"Cloud Capital is shifting the dynamic and giving finance leaders the tools to run cloud like any other major investment. Unlike traditional optimization tools, Cloud Capital takes a “100% FinTech” approach to cloud infrastructure, treating it like a financial asset, not just an engineering cost, precisely quantifying and pricing commitment risk based on our proprietary, free-to-use forecasting platform. Other tools help engineers save money. We help CFOs manage risk. We’re building financial infrastructure – a control layer for cloud that gives companies a new way to finance and optimize cloud like any other major investment."
Spencer Pingry
Co-founder & CTO at Cloud Capital
Investor perspective
"Cloud Capital is tackling one of the most urgent and overlooked problems in tech: the lack of financial control in cloud infrastructure. We backed this team because they’ve lived the problem, and they’re building with a clarity and conviction that only comes from first-hand experience. They’re not just optimizing costs, they’re reshaping the financial infrastructure of the cloud era."
Rory Stirling
General Partner, Connect Ventures
Investors
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About the company
Cloud Capital
Cloud Capital builds financial technology infrastructure to help chief financial officers manage and control cloud expenditure.