North

North is a cloud management startup that aims to revolutionize cloud cost optimization. The company's slogan, "Cut your cloud bill in half, in 5 minutes.", highlights its core value proposition. North targets the issue of cloud financial mismanagement, which results in a staggering $60 billion wasted annually. By automating cloud procurement efficiency in just 3 clicks, North enables businesses to save 50% on their cloud expenses. One of the key selling points of North is its partnership with industry giants AWS and Google Cloud, lending credibility to its offering. Founded in 2023 and headquartered in the United States, the startup recently secured a significant boost with a $2.30M Seed Round investment on 20 June 2024. The investment was led by a consortium of prominent venture capital firms, including Alpaca VC, Looking Glass Capital, Tenzing Capital Ventures, Uncommon Denominator, and Everywhere Ventures (The Fund). North's focus on cloud infrastructure, enterprise software, and productivity aligns with the growing demand for efficient cloud management solutions. With its innovative approach and backing from notable investors, North has the potential to make a significant impact in the cloud management space.