Why We Raised $7.7M to Help CFOs Take Back Control of Cloud Spend

Today, we're thrilled to share that Cloud Capital has raised $7.7 million in funding, backed by Connect Ventures, Backed Ventures, Middlegame Ventures, DFF Ventures, alongside a group of world-class investors and angels.

But more importantly, we’re coming out of stealth to launch a company that we believe is solving one of the biggest blind spots in tech today: the financial chaos of cloud infrastructure.

If you're a CFO, you already know the pain. Cloud has quietly become your second-biggest cost after headcount,  yet it’s also your least predictable one. You’re being asked to approve huge infrastructure bets, often tied to long-term contracts, without the financial tools you need to manage the risk. The budget explodes, the engineering team’s roadmap changes, and suddenly you're stuck with wasted commitments and a missed margin plan.

We know that story well. Because we lived it.

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From Forecasts to Fire Drills

Before Cloud Capital, the three of us: Spencer, Zack and I - led SaaS companies through high-growth phases, exits, and M&A on both sides of the Atlantic. We each ran teams at the intersection of finance, product, and engineering. Between us, we’ve managed over $500 million in cloud spend. What we saw, again and again, was the same set of problems:

• Cloud forecasts built on shaky assumptions
• Commitments made under pressure
• Engineering plans that continually shift, as they should
• And finance teams left carrying the risk
  

It’s not just a tooling problem, it’s a structural one. The market has forced finance leaders into a position of owning the risk without being given the tools or context to manage it. Cloud spend has become too big and too fast-moving to handle with spreadsheets, procurement playbooks, or legacy optimization tools built for engineers.

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Cloud Capital Is the FinTech Layer for the Cloud

Cloud Capital is not another cloud optimization tool. It’s a financial control layer for the cloud - built specifically for CFOs. We help finance leaders forecast cloud spend accurately, manage commitment risk, and unlock guaranteed savings, all without upfront cost or enigneering effort.

Our platform brings together real-time usage data, Engineering roadmaps and Financial plans to CFOs clear visibility into their future cloud costs, along with flexible commitment structures they can trust – just like any other major financial asset. We quantify and price risk so you don’t have to guess.

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Why Now: The AI Cloud Boom

Cloud spend has always been big. But AI has made it enormous. Workloads are scaling fast, and cloud has become the fastest-growing line item on the tech P&L. IDC estimates cloud infrastructure is growing at over 20% year-over-year, putting it on track to hit $1 trillion by 2030. It’s not just big - it’s volatile.

Companies need to commit to cloud spend to get discounts. But if the forecast is off, or if plans shift, that commitment becomes a liability. And yet, despite the size of the problem, CFOs are still flying blind. That’s the gap we’re closing.

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What’s Next

Today, Cloud Capital is already working with 30 high-growth startups across AI, FinTech, and Cybersecurity - helping their CFOs forecast usage, manage risk, and save millions on cloud. And this is just the beginning.

With this funding, we’re expanding the team, deepening the platform, and continuing to work closely with our customers to build the forecasting-led financial infrastructure they’ve been missing. Our mission is simple: to help CFOs stop being reactive to cloud costs, and start being strategic with them. To every finance leader navigating cloud today - we see you, we’ve lived it, and we’re building this for you.

If this sounds like a challenge you’re facing, or a problem you want to stop dealing with alone, we’d love to talk. Let’s put finance back in the driver’s seat.

And to our investors: thank you for believing in our vision and backing us to build something ambitious. It’s a privilege to work alongside such world-class partners.