Cloud Capital announced it has launched out of stealth with $7.7 million in funding to help CFOs regain financial control of their cloud infrastructure.
Cloud Capital previously raised a $2.3 million pre-seed round led by Connect Ventures, with top FinTech angels. And three months later, it raised a $5.4 million seed led by Backed Ventures and Middlegame Ventures.
Value Proposition: As AI accelerates cloud usage, Cloud Capital is launching the first FinTech platform built for cloud. And it helps companies forecast usage, unlock savings, and eliminate the financial risk of long-term commitments.
Company Founders: Founded by Edward Barrow (CEO), Spencer Pingry (CTO), and Zack Liscio (CPO) – which is the team behind Idio, Zaius, and Naytev. The trio met at Optimizely, where they experienced the complexity of cloud cost management at scale. Together, the team oversaw over $500 million in cloud costs and built Cloud Capital to fix it .
KEY QUOTES:
“We believe cloud infrastructure is the largest broken market in tech. We’ve built the forecasts and lived the pain. We built Cloud Capital to give CFOs the same level of control over cloud that they have across the rest of the P&L.”
Edward Barrow, Co-founder & CEO
“Cloud has always been a massive cost center but, with AI workloads driving usage through the roof, it’s now the least controlled line item on the P&L. CFOs are asked to approve major investments without insight. We built Cloud Capital to give them control.”
Zack Liscio, Co-founder & CPO
“Cloud Capital is shifting the dynamic. Unlike traditional tools we take a ‘100% FinTech’ approach, treating cloud like a financial asset and quantifying commitment risk. Other tools help engineers save. We help CFOs manage risk.”
Spencer Pingry, Co-founder & CTO
“Cloud Capital is tackling one of the most urgent and overlooked problems in tech: the lack of financial control in cloud infrastructure. They’ve lived the problem and are building with the clarity that only comes from first-hand experience. They’re not just optimizing costs, they’re reshaping the financial infrastructure of the cloud era.”
Rory Stirling, Partner at Connect Ventures
