Total amount raised
$27.5 Million
Latest funding date
2024-11-11
Location
Northflank has successfully raised over $24 million in funding, positioning itself as a versatile PaaS platform. The platform offers a range of features including CI/CD, Kubernetes management, and AI workload deployment.
Keep reading to explore the intricacies of Northflank's fundraising journey and the investors backing this innovative platform.
What Is Northflank?
Northflank, founded in 2019, is a versatile cloud platform based in London, England. It specializes in deploying various workloads, offering features like CI/CD, Kubernetes, multi-tenancy, and IDP.
Operating within the cloud computing and Platform as a Service (PaaS) industry, Northflank supports secure containers, AI models, and databases. The platform caters to both startups and enterprises, providing flexible deployment options and robust infrastructure.
How Much Funding Has Northflank Raised?
- Angel Round
- Date: July 2019
- Seed Round
- Amount Raised: USD 2,600,000
- Date: July 2020
- Lead Investors: Kindred Ventures, Stride.VC
- Seed Round
- Amount Raised: USD 2,600,000
- Date: July 2022
- Seed Round
- Amount Raised: USD 6,300,000
- Date: November 2024
- Lead Investors: Vertex Ventures US
- Series A Round
- Amount Raised: USD 16,000,000
- Date: November 2024
- Lead Investors: Bain Capital Ventures
Northflank has raised a total of USD 27,500,000 across all funding rounds.
Key Investors
- Bain Capital Ventures
- Details: Bain Capital Ventures is a leading venture capital firm that invests in early to growth-stage startups. They are part of Bain Capital, a global alternative investment firm.
- Investment Focus Areas: Fintech, healthcare, enterprise software, infrastructure.
- Notable Investments: LinkedIn, DocuSign, AvidXchange.
- Vertex Ventures US
- Details: Vertex Ventures US is a venture capital firm that focuses on early-stage investments. They are part of the Vertex Ventures network, which operates globally.
- Investment Focus Areas: Enterprise, cloud infrastructure, cybersecurity.
- Notable Investments: LaunchDarkly, PerimeterX, Desktop Metal.
- Kindred Ventures
- Details: Kindred Ventures is an early-stage venture capital fund that partners with founders at the earliest stages of company building. They focus on transformative technology and consumer companies.
- Investment Focus Areas: Consumer technology, enterprise software, marketplaces.
- Notable Investments: Uber, Postmates, Coinbase.
- Stride.VC
- Details: Stride.VC is a venture capital firm that invests in seed-stage startups. They are known for their hands-on approach and deep involvement with their portfolio companies.
- Investment Focus Areas: SaaS, fintech, digital health.
- Notable Investments: Cazoo, Deliveroo, Zoopla.
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