Cloud Capital Arrives with £5.8m to Revolutionize Cloud Cost Management
Deal News | Apr 24, 2025 | Business Cloud
Cloud Capital, a London-based startup founded by accomplished SaaS entrepreneurs Edward Barrow, Spencer Pingry, and Zack Liscio, has secured £5.8 million in funding. The company, emerging from stealth, aims to provide the first FinTech platform specifically designed for cloud usage to enhance CFOs' control over cloud infrastructure financials. Cloud Capital's platform intends to enable businesses to forecast cloud service usage, unlock savings, and mitigate financial risks associated with long-term cloud commitments. This innovative solution addresses the challenges observed by its founders, who have extensive experience managing significant cloud expenditures and previously collaborated at Optimizely. The startup initially raised £1.7 million in a pre-seed round led by Connect Ventures, and subsequently, after gaining notable early traction and investor enthusiasm, raised another £4.1 million in a seed round spearheaded by Backed Ventures and Middlegame Ventures. Cloud Capital is now operational and already serving an array of high-growth companies across AI, FinTech, and Cybersecurity sectors.
Sectors
- Financial Technology (FinTech)
- Cloud Computing
- SaaS (Software as a Service)
Geography
- United Kingdom – Cloud Capital is based in London and primarily engaging with UK-based investors and companies during its funding and early operational stages.
Industry
- Financial Technology (FinTech) – Cloud Capital is developing a platform to improve financial control over cloud infrastructures, positioning itself within the FinTech space by offering tools for financial forecasting and risk management.
- Cloud Computing – The new platform aims to optimize and provide insights into cloud service usage, savings, and financial risks, targeting an industry plagued by complex and costly resource management challenges.
- SaaS (Software as a Service) – The founders of Cloud Capital have a strong background in building and selling SaaS companies, and their new venture offers a SaaS model to manage cloud financials for other businesses.
Financials
- £5.8 million – Total funding raised by Cloud Capital across pre-seed and seed rounds.
- £1.7 million – Pre-seed funding amount raised by Cloud Capital.
- £4.1 million – Seed funding amount raised by Cloud Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cloud Capital | Target Company | Company | A FinTech startup focusing on providing CFOs with control over cloud financials. |
| Edward Barrow | CEO | Person | Co-founder and CEO of Cloud Capital, formerly involved in multiple successful SaaS ventures. |
| Spencer Pingry | CTO | Person | Chief Technology Officer and co-founder of Cloud Capital, involved in the technical development of the platform. |
| Zack Liscio | CPO | Person | Chief Product Officer and co-founder of Cloud Capital, leading the product development strategy. |
| Connect Ventures | Pre-seed Investor | Company | Led Cloud Capital's initial pre-seed funding round. |
| Backed Ventures | Seed Round Lead Investor | Company | Led the seed funding round for Cloud Capital along with other investors. |
| Middlegame Ventures | Seed Round Co-Investor | Company | Part of the investor group in Cloud Capital's seed round. |
| DFF Ventures | Seed Round Co-Investor | Company | Contributed to the seed funding round for Cloud Capital. |