North.cloud Raises $60 Million for Cloud and AI Spend Management

Oct 15, 2026
North.cloud raised $60 million in Series B funding led by PeakSpan Capital. The company will use the funding to expand automated cost optimization across cloud, AI, and data services.

North.cloud raised $60 million in Series B funding led by PeakSpan Capital, the company announced in a press release. Litquidity Ventures, Companyon Ventures, Alpaca, Uncommon Denominator, Gaingels, and Mana Ventures also participated.

North.cloud will use the funding to expand automated cost optimization across cloud providers, add integrations, develop its AI spend management tools, and grow its engineering, product, and sales teams. Its platform manages spending across Amazon Web Services, Google Cloud Platform, Microsoft Azure, OpenAI, Anthropic, and Snowflake.

The company says it manages nearly $2 billion in cloud spending and has helped customers save more than $400 million. Its TokenFlow product tracks model usage, budgets, attribution, and financial controls alongside cloud infrastructure costs.

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