The problem
Finance and engineering teams overspend on AWS, GCP, Azure and AI tokens and manage costs by hand in spreadsheets
What they do
Automated spend management and savings for cloud, AI and data platforms
Traction ~$2B cloud spend managed, $400M+ customer savings, 98.8% retention (company-reported)
Hiring trend
- Open roles
- 13
- Ops roles
- 2
- Headcount
- ~45-60
Small team growing: ~43 (Tracxn, Jul 2026) → ~58 on LinkedIn; 11 open roles, all Brooklyn
Funding
- Last round
- $60M
- Stage
- Series B
- Date
- Oct 2026
Led by PeakSpan Capital
- Hiring+1.513 open roles on the live job board (10–29 roles = +1.5)
- Funding recency+1.5Series B · $60M, Oct 2026 (this month): 6 months or less = +1.5
- Traction+0.75Some growth: ~$2B cloud spend managed, $400M+ customer savings, 98.8% retention (company-reported)
- Red flags0None found in the last 24 months
- Total3.751.5 + 1.5 + 0.75 − 0 = 3.75 → Tempo (3.5–4.24)
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: learns from use
Strong claimed retention and a broadening AI-spend line, but it is a small player in a crowded FinOps field (Vantage, ProsperOps, CloudZero, IBM Cloudability) and the hyperscalers ship native cost and commitment tools to the same buyer.
Sources: PR Newswire: North.cloud $60M Series B, 98.8% retention, ~$2B managed spend (Oct 2026) ↗ · Tracxn: North Cloud profile, 157 active competitors ↗
Open ops roles · 2
Last checked Oct 25, 2026
