New Investment Announcement - North

Navigate Ventures is pleased to announce it has made an investment in North.Cloud, the AI-powered platform helping teams manage and optimize cloud spend across AWS and GCP in real time.
North.Cloud helps companies manage, optimize, and automate their cloud spend - across any cloud, in real time. Designed for engineering, FinOps, and infrastructure teams, the platform provides the visibility and control needed to scale without breaking the budget. Built for teams deep in AWS and GCP, North.Cloud automates commitment strategies, detects
anomalies, rightsizes workloads, and allocates every dollar - no spreadsheets required. North also helps companies automate their AWS savings: by connecting to North’s analytics engine, teams can quickly identify cost-saving opportunities and automate the best discounting options - ensuring they never pay for unused discount commitments again.
North.Cloud is co-founded and led by Matt Biringer (CEO) and Yassine Açoine (CTO), two industry professionals with deep expertise in cloud infrastructure, FinOps, and enterprise-scale systems. Matt Biringer is a results-driven leader with over a decade of experience in cloud and data center solutions, having previously led enterprise sales at Pure Storage. His drive to solve inefficiencies in cloud finance led to the founding of North.Cloud. Yassine Açoine is a systems engineer and data expert with a strong background in building scalable, AI-powered infrastructure tools. His technical vision and commitment to automation have been key in delivering measurable cost savings and operational efficiency for cloud-native teams.
"This funding allows North.Cloud to deepen its commitment to solving the most pressing challenges in cloud cost management. We’re incredibly grateful to have Navigate Ventures in our corner. They immediately understood the gap in the market we’re solving - cloud cost management that’s not just smarter, but actually usable by modern teams. Their support and expertise will be invaluable as we scale North.Cloud into the category-defining platform for FinOps.” - Matt Biringer, CEO & Co-Founder, North.Cloud
Why We Invested
We are excited to back North.Cloud, a next generation infrastructure platform redefining cloud-native hosting. Our investment is driven by North's strong technical team, deep product differentiation in edge computing and compliance-first architecture, and rapid growth in developer adoption. The company is well positioned to capitalize on the shift toward decentralized, sovereign cloud infrastructure- an increasingly critical need for companies across the globe. "Matt and his team are building in industry leader in a fast growing sector with very high demand, changing dynamics, and complex requirements. They are true professionals and we are delighted to partner with them." Ivan Nikkhoo, Managing Partner, Navigate Ventures.
Co-investors include: Companyon Ventures, Alpaca VC, Uncommon Denominator, Gaingels, Mana Ventures.
We are pleased to welcome North.Cloud to our family of portfolio companies at Navigate Ventures.