Cutover secures £13.2m Series A funding led by Index Ventures to expand platform capabilities
Index Ventures led the Series A financing, which will support Cutover in scaling its sales organisation and enhancing product capabilities.
Cutover provides an enterprise work orchestration and observability platform that facilitates collaboration between humans and machines. The firm helps organizations manage complex operations and digital transformation.
Cutover has secured £13.2m in Series A funding to support its ongoing commercial expansion. The investment round was led by Index Ventures, with participation from Sussex Place Ventures, Contour Ventures, Partnership Fund for New York, and Outrun Ventures. The company intends to direct the new capital towards sharpening client engagement, strengthening its sales organisation, broadening market reach and enhancing its core platform.
Founded to help enterprises navigate complex operational changes, Cutover's platform has gained traction among major financial institutions, including several prominent investment banks. The fresh capital arrives as the firm looks to scale its operations beyond initial financial services use cases into broader enterprise markets.
From the founder
"This new category of work orchestration and observability helps turn complex sets of human and machine activities into well-orchestrated, repeatable flows of activity, enabling teams to go faster while causing less customer-facing incidents,"
Ky Nichol
CEO at Cutover
Investor perspective
"Cutover sits at the heart of the most important enterprise IT trends today,"
Ari Helgason
Board Member, Index Ventures
Use of funds
- 01Invest in sales and marketing
- 02Continue product development
- 03Expand into international markets
Investors
Ari Helgason
Index Ventures
Sussex Place Ventures
Contour Ventures
Partnership Fund for New York City
Outrun Ventures
Categories
About the company
Cutover
Cutover provides a platform for enterprise work orchestration and observability.