# Northflank

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/northflank

- Industry: Internet
- Headquarters: London, UK
- Website: www.northflank.com
- Total disclosed funding: $26M
- Latest round: Seed (Nov 11, 2024)
- Investors on record: 7

## About

Northflank Ltd. is a cloud deployment solutions provider that streamlines application development and operational processes using advanced technologies, enhancing efficiency and security for enterprise clients in various sectors.Founded in 2019 by Frederik Brix and Will Stewart, Northflank Ltd. is headquartered in London, UK. The company specializes in cloud deployment solutions and has completed 3 deals as of November 2024. It recently raised USD 6.30 mn in Seed funding, led by Vertex Ventures, with participation from Kindred Ventures, Pebblebed, Tapestry Venture Capital, and Uncorrelated Ventures. This round marks the total amount raised to USD 6.30 mn.Northflank provides a comprehensive suite of cloud deployment solutions designed to streamline the development and operational processes for modern applications. Their core product offerings include a platform for deploying containerized workloads with advanced security features, utilizing technologies such as gVisor, Kata Containers, and microVMs with Firecracker. Northflank’s platform caters primarily to enterprise clients operating in sectors such as technology, finance, and e-commerce, focusing on production workloads, Kubernetes app platforms, and internal developer platforms. The service enhances developer experience through self-service capabilities and seamless integration with popular version control systems like GitHub, GitLab, and Bitbucket, targeting a global market with significant penetration in North America and Europe.Northflank generates revenue through a subscription-based model, allowing clients to access its platform and services on a recurring basis. Clients subscribe to various tiers of service that include features such as advanced build platforms and secure workload orchestration. The pricing structure accommodates different customer needs, providing scalable options for small to large enterprises. Clients engage with Northflank's services through direct subscriptions, enabling efficient and secure management of their cloud environments. Notably, flagship offerings feature integration of tools like Istio and Linkerd for service mesh capabilities and robust build platforms utilizing Kaniko and Buildpacks, contributing to the company’s revenue stream.In November 2024, Northflank Ltd. raised USD 16 mn in Series A funding, led by Bain Capital Ventures with participation from returning investors Kindred Ventures and Tapestry Venture Capital, and new investors Pebblebed and Uncorrelated Ventures. The funding will be used to enhance its cloud deployment platform, aiming to simplify infrastructure management and help developers ship code faster. Northflank plans to expand its offerings with new products focused on improving cloud deployment efficiency and is targeting further growth in North America and Europe by the end of 2025.

## Funding rounds

- Seed, Nov 11, 2024, $6.3M — Vertex Ventures, Kindred Ventures, Tapestry Venture Capital, Uncorrelated Ventures, Pebblebed
- Series A, Aug 30, 2024, $17M — Kindred Ventures, Tapestry Venture Capital, Uncorrelated Ventures, Bain Capital Ventures, Pebblebed
- Seed, Feb 17, 2020, $2.6M — Kindred Ventures, Tapestry Venture Capital, Stride

## Investors

- Kindred Ventures (https://capitalatlas.ai/funds/kindred-ventures) — Seed, Series A
- Tapestry Venture Capital (https://capitalatlas.ai/funds/tapestry-venture-capital) — Seed, Series A
- Stride (https://capitalatlas.ai/funds/stride) — Seed
- Uncorrelated Ventures (https://capitalatlas.ai/funds/uncorrelated-ventures) — Series A, Seed
- Bain Capital Ventures — Series A
- Pebblebed (https://capitalatlas.ai/funds/pebblebed) — Series A, Seed
- Vertex Ventures (https://capitalatlas.ai/funds/vertex-ventures) — Seed