North.Cloud, a New York-based AI-powered cloud optimization platform, has raised $5 million in Series A funding.
Investors
The round was led by Companyon Ventures, a Boston-based VC firm that invests in early-stage B2B SaaS startups. The firm combines capital with hands-on operational support to help companies scale their go-to-market strategies.
North.Cloud Use of Funds
The company will use the funding to expand its AI-driven platform capabilities, deepen FinOps and GreenOps integration, and accelerate customer growth across multi-cloud environments.
About North.Cloud
Founded in late 2023, North.Cloud provides an AI-powered cloud optimization platform designed to address the rising costs and inefficiencies of modern cloud infrastructure. Its newly launched North 2.0 platform delivers real-time cost intelligence, AI-powered automation, and environmental impact insights for AWS and GCP environments. Key features include Arctic, automated commitment management, Coststreams, tagless cost visibility, and Agent North, an AI FinOps copilot. Headquartered in New York, North.Cloud serves clients globally.
Funding Details
Company: North Cloud Holdings Inc.
Raised: $5.0M
Round: Series A
Funding Date: June 2025
Lead Investor: Companyon Ventures
Additional Investors:
Company Website: https://www.north.cloud/
Software Category: Cloud Cost Management / FinOps / GreenOps / AI
Source: https://www.prnewswire.com/news-releases/northcloud-secures-5m-and-launches-new-operating-system-for-advanced-cloud-optimization-and-management-302494590.html