North.cloud Raises $60M Series B to Unify Spend Intelligence and Enable Full Automation Across Cloud, AI, and Data
Summary
North.cloud raised $60 million in Series B funding led by PeakSpan Capital, with participation from several venture investors. The company plans to use the money to expand autonomous optimization, deepen integrations, and accelerate AI spend management. North also recently launched North v3, which added Microsoft Azure coverage and new integrations with OpenAI, Anthropic, and Snowflake. The platform helps finance and engineering teams automate cloud spend intelligence across cloud, AI, and data environments.
Funding
Amount
$60.0M
Total raised
Date
October 15, 2026
Announcement date
Investors
PeakSpan Capital, Companyon Ventures
Lead investors
Company
north.cloud
Funded company
AskAI Classifications
Sectors
No sectors detected
Functions
Developer and IT Infrastructure
Finops - Cloud Cost Management
Development Platforms
Linked Companies
North.Cloud
$1M to $5M