Total amount raised
$22.6 Million
Latest funding date
10/01/2021
Location
Spacelift has successfully raised funds through four distinct funding rounds, with the latest being a Series C round led by Five Elms Capital. The platform specializes in Infrastructure as Code (IaC) orchestration, integrating with tools like Terraform, Ansible, and OpenTofu to deliver secure and high-performance infrastructure.
Keep reading to explore the intricacies of Spacelift's fundraising journey and the investors backing this innovative platform.
What Is Spacelift?
Spacelift, founded by Marcin Wyszynski, is a private company based in Redwood City, California. The company operates in the Cloud Data Services, Information Technology, SaaS, and Software industries, providing an Infrastructure as Code (IaC) orchestration platform.
With a workforce of 101-250 employees, Spacelift integrates with tools like Terraform, OpenTofu, and Ansible to deliver secure, cost-effective, and high-performance infrastructure. The platform is trusted by leading DevOps teams and offers both SaaS and self-hosted options.
How Much Funding Has Spacelift Raised?
- Pre-Seed Round
- Amount Raised: USD 1,600,000
- Date: November 2020
- Lead Investors: Hoxton Ventures, Inovo.vc
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial version of the platform and validate the market need for IaC orchestration.
- Series A Round
- Amount Raised: USD 6,000,000
- Date: February 2021
- Lead Investors: Blossom Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the engineering team and accelerate product development.
- Series B Round
- Amount Raised: USD 15,000,000
- Date: October 2021
- Lead Investors: Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the platform in the US market, quadruple engineering headcount in Europe, and build a sales and marketing organization in the United States.
- Series C Round
- Amount Raised: USD 51,000,000
- Date: July 2025
- Lead Investors: Five Elms Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further enhance the platform's capabilities and expand into new markets.
Total Amount Raised: USD 73,600,000. Current Valuation: Not publicly disclosed.
Key Investors
- Five Elms Capital
- Details: Five Elms Capital is a private equity and venture capital firm. They focus on investing in software and technology-enabled businesses.
- Investment Focus Areas: Software, technology-enabled businesses
- Notable Investments: Not publicly disclosed
- Insight Partners
- Details: Insight Partners is a global private equity and venture capital firm. They invest in high-growth technology and software companies.
- Investment Focus Areas: High-growth technology, software companies
- Notable Investments: Shopify, Twitter, DocuSign
- Blossom Capital
- Details: Blossom Capital is a venture capital firm based in London. They focus on early-stage tech companies in Europe.
- Investment Focus Areas: Early-stage technology companies, fintech, SaaS, consumer technology
- Notable Investments: Checkout.com, Tines, Duffel
- Hoxton Ventures
- Details: Hoxton Ventures is a venture capital firm based in London. They focus on early-stage technology companies in Europe.
- Investment Focus Areas: Early-stage technology companies in Europe
- Notable Investments: Darktrace, Deliveroo, Babylon Health
- Inovo.vc
- Details: Inovo.vc is a venture capital firm based in Poland. They focus on early-stage technology companies in Central and Eastern Europe.
- Investment Focus Areas: Early-stage technology companies in Central and Eastern Europe
- Notable Investments: Booksy, Infermedica, Packhelp
What's Next for Spacelift?
Spacelift stands at the cusp of significant growth opportunities. With a robust $15 million Series B funding, the company is poised to expand its engineering team in Europe and build a sales and marketing organization in the United States. This expansion aims to address the increasing complexity of managing cloud infrastructure, a trend that continues to gain momentum in the industry.
Future fundraising opportunities seem promising as Spacelift continues to scale its operations and enhance its platform capabilities. The involvement of high-profile investors like Insight Partners suggests that additional funding rounds could be on the horizon, further fueling the company's growth and market reach.
However, Spacelift may face challenges such as managing rapid growth, competing with other IaC management solutions, and ensuring the platform's scalability and reliability. Despite these hurdles, the company's strategic focus on automation, security, and compliance positions it well to navigate the evolving landscape of cloud-native development and DevOps practices.
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