The seed round was led by Alstin Capital with backing from Backed, Love Ventures, and existing investors.
"Round was started after the founders saw both sides of the problem first-hand. Incumbents were too slow and constrained to evolve, while challengers built powerful but isolated tools. Nothing connected, leaving businesses to manage money across fragmented systems. With AI now able to execute workflows end to end, Round was built to unify it into a single system"
Backed Ventures and Middlegame Ventures led the seed round to support the formal launch of the cloud financial control platform.
"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."
The seed round was co-led by Portage and Backed to support international expansion and product development.
"Lopay’s mission has resonated with thousands of small businesses and sole traders who are being squeezed simultaneously by high inflation and fragile customer demand."
Backed VC led the seed round to support the care workforce management platform.
"We met at Entrepreneur First, where we spent hundreds of hours with care providers who were turning down hundreds of thousands of pounds every year in contracts because they couldn’t find the staff they needed to service them. We realised this was partly because of the time and money they had to spend learning how to stay compliant, often working with expensive third party lawyers and recruiters. We saw how solving those high costs could positively impact the care industry – and that’s why we started Borderless."