North Cloud Holdings Raises $60M Series B to Automate Cloud and AI FinOps

North Cloud Holdings Inc. raised $60M in a Series B funding round led by PeakSpan Capital to expand its autonomous financial operations platform for cloud and AI infrastructure. The startup currently manages just under $2B in cloud spending for clients and reports helping early adopters including AssemblyAI, Atlan, Tines, SnapLogic Inc., and Emplifi save a combined $400M. The Series B round included participation from Litquidity Ventures, Companyon Ventures, Alpaca, Gaingels, Uncommon Denominator, and Mana Ventures. North Cloud Holdings Inc. recently launched North v3 to add Microsoft Azure support alongside Amazon Web Services and Google Cloud, plus native integrations with Snowflake Inc., OpenAI Group PBC, and Anthropic PBC. The platform includes a capability called TokenFlow that tracks AI model usage, attribution, budgets, and compute costs alongside traditional cloud spending to forecast bills and cut infrastructure waste. "The rest of the market still treats optimization as an engineering problem. We think that’s the wrong bet: it’s a business problem and it deserves a real fintech platform built on automation and AI." — Matt Biringer, Co-founder and Chief Executive of North Cloud Holdings Inc.