What does Cloud Capital do?
Cloud Capital provides a FinTech platform designed for cloud infrastructure, enabling CFOs to forecast, manage, and de-risk cloud spending by delivering end-to-end visibility, real-time usage data, and financial modeling.
How much did they raise?
The company raised a total of $7.7M through an initial $2.3M pre-seed round led by Connect Ventures, followed by a $5.4M Seed round led by Backed Ventures and Middlegame Ventures with participation from DFF Ventures.
What are their plans for the money?
The funds will be used to expand operations and further develop the platform, potentially enhancing its capabilities to help companies reduce financial exposure and secure savings on long-term cloud commitments.
What have they achieved so far?
Cloud Capital has already achieved significant progress by delivering a platform that generates savings without engineering effort and underwrites the financial risk of long-term cloud contracts for companies across North America and Europe.
