Top 14 Venture Capital Firms Investing in Cloud Infrastructure Startups

For founders in the cloud infrastructure space, preparing to raise capital means finding investors who understand your specific business. Connecting with the right venture capital firms—those with deep expertise in cloud tech—is key to a successful fundraising process and a strong partnership.

To help you get started, our team put together this guide to some of the top software investors and technology-focused venture capital firms. Use this list to quickly identify potential partners for your startup.

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Which VC Firms in Cloud Infrastructure Are Right for Your Stage?

Whether you're an early-stage company or preparing for an exit, it helps to know who to talk to. Here is a quick overview of venture capital firms that invest in cloud infrastructure, organized by stage.

Pre-seed and Seed VC Firms in Cloud Infrastructure

Pre-seed and seed funding are the first institutional investments a startup usually takes on, providing the capital to move from an idea to a minimum viable product. Among the many US venture capital firms, some technology-focused venture capital firms that concentrate on this stage include boldstart ventures, Race Capital, and at.inc/.

Early Stage VC Firms in Cloud Infrastructure

Early-stage funding, such as Series A and Series B, is designed for companies with established product-market fit that are ready to scale operations and accelerate growth. If you're building a cloud software or enterprise technology startup, you might find a good fit with early stage venture capital firms like Heavybit, or AI venture capital firms such as Fortified Ventures and Founders.ai.

Late Stage VC Firms in Cloud Infrastructure

Late-stage venture capital supports mature companies as they expand into new markets, make strategic acquisitions, or prepare for an exit like an IPO. Some of the most active late stage venture capital firms in cloud technology are corporate VCs like Dell Technologies Capital and Capital One Ventures, as well as long-standing investors like Thomvest.

Many infrastructure venture capital firms invest across multiple funding stages, so it is always a good practice to review their portfolio and current investment focus before reaching out.

Here is more information on the top VC firms specializing in cloud infrastructure. We've outlined their investment stages, geographic focus, and what makes each a strong potential partner for founders.

1. Race Capital

Race Capital is an early-stage fund that concentrates on infrastructure technology. Based in Palo Alto, they focus on providing seed and Series A capital to foundational software companies.

The firm has a strong track record in identifying future market leaders, having been a seed investor in data and AI giant Databricks. Their portfolio also includes companies like Groq, which builds high-performance AI chips, signaling a deep technical focus.

This firm is a great potential partner if you are a founder building a technically complex product in areas like data, AI, or cloud infrastructure. They appear to be a good fit for teams seeking investors who understand deep tech from the earliest stages.

• Investment stages: Seed and Early Stage Venture
• Industries of focus: Cloud Infrastructure, Enterprise Software, AI, Web3
• Geographical presence: Palo Alto, California
• Founded: 2019
• Notable investments: Databricks, Groq, Goodnotes, Vectara
• Portfolio size: 44 investments

You can refer to their website here.

2. Thomvest Ventures

Thomvest Ventures is a cross-stage venture capital firm that has been investing since 1996. Based in San Francisco, they support companies from the seed stage all the way through to post-IPO, demonstrating a long-term partnership approach.

The firm has a clear focus on financial services and cloud infrastructure, with a portfolio that includes major fintech successes like SoFi and Lending Club. Their flexible, multi-stage investment model allows them to back companies throughout their entire lifecycle, from initial funding to the public markets.

Thomvest could be a strong partner if you are a founder in the fintech or cloud infrastructure sectors. Their experience guiding companies toward significant exits, including IPOs and major acquisitions, makes them a good fit for founders with long-term ambitions.

• Investment stages: Seed, Early Stage, Late Stage, Post-IPO, Private Equity
• Industries of focus: Cloud Infrastructure, Cyber Security, Financial Services
• Geographical presence: San Francisco, California
• Founded: 1996
• Notable investments: SoFi, Lending Club, Harness, Kabbage
• Portfolio size: 135 investments

You can refer to their website here.

3. Heavybit

Heavybit is a venture capital firm that invests in developer-first companies, supporting them from seed to late stage. Based in San Francisco, they concentrate on helping technical founders build successful businesses.

The firm’s distinct focus on developer-centric products is a core part of its strategy, backing companies that build tools for software engineers. Their portfolio includes well-known successes like PagerDuty, Netlify, and Snyk, demonstrating a strong track record in the developer tool market.

Heavybit is an excellent match if you are a technical founder building for developers, such as products in cloud infrastructure, APIs, or enterprise software. Their community and expertise are designed to support this specific type of startup.

• Investment stages: Seed, Early Stage, Late Stage Venture
• Industries of focus: Cloud Infrastructure, Developer APIs, Enterprise Software, AI
• Geographical presence: San Francisco, California
• Founded: 2013
• Notable investments: PagerDuty, CircleCI, Netlify, LaunchDarkly, Snyk
• Portfolio size: 96 investments

You can refer to their website here.

4. Titanium Ventures

Titanium Ventures is a technology-focused firm that supports companies from early to late stages. Based in San Francisco, they aim to create "synergy revenues" across their portfolio, suggesting a collaborative ecosystem.

The firm has a strong history of backing major successes, including GitLab and CrowdStrike, which both went public. Another notable exit was identity platform Auth0, which was acquired by Okta for $6.5 billion.

This firm is a good choice for founders in cloud, cybersecurity, or fintech who are looking for an investor with a track record of guiding companies to significant exits. Their focus on creating connections between portfolio companies could also be a major benefit.

• Investment stages: Early and Late Stage Venture
• Industries of focus: Cloud Infrastructure, Cyber Security, Financial Services, Internet of Things
• Geographical presence: San Francisco, California
• Founded: 2011
• Notable investments: Auth0, GitLab, CrowdStrike, Snap Inc., DocuSign
• Portfolio size: 137 investments

You can refer to their website here.

5. boldstart ventures

boldstart ventures is a micro-VC firm that acts as a "partner from inception" for seed-stage startups. Based in Miami, they have a clear conviction in backing founders who are building developer-first products, infrastructure, and SaaS companies.

The firm’s focus on being a "true believer" for technical founders is a key part of their identity. Their portfolio reflects this, with investments in developer-centric companies like Superhuman and infrastructure providers like Blockdaemon, showing a commitment to product-led growth from day one.

boldstart is an ideal partner if you are a technical founder seeking your first institutional capital. Their specialization in developer tools and enterprise infrastructure makes them a good fit for teams that need an investor who understands deeply technical products at the earliest stages.

• Investment stages: Seed
• Industries of focus: Developer Tools, Cloud Infrastructure, Enterprise Software, SaaS, AI, Cyber Security
• Geographical presence: Miami, Florida
• Founded: 2010
• Notable investments: BigID, Superhuman, Blockdaemon, Hypernative
• Portfolio size: 203 investments

You can refer to their website here.

6. Kindred Ventures

Kindred Ventures is a seed-stage venture capital firm that partners with companies from their earliest days. Based in San Francisco, they focus on providing initial capital and support to help founders get started.

The firm has a history of backing iconic, consumer-facing companies, including early investments in Uber, Coinbase, and Postmates. This track record indicates a focus on ambitious founders aiming to build widely recognized brands.

Kindred Ventures could be a great partner if you are a founder with a bold, market-defining vision, particularly in consumer tech or fintech. Their experience with companies that achieved massive scale makes them a good fit for ambitious early-stage teams.

• Investment stages: Seed, Early Stage, Late Stage Venture
• Industries of focus: Cloud Infrastructure, Financial Services, Finance
• Geographical presence: San Francisco, California
• Founded: 2014
• Notable investments: Uber, Coinbase, Postmates, Tonal, Blue Bottle Coffee
• Portfolio size: 125 investments

You can refer to their website here.

7. at.inc/

at.inc/ is a San Francisco-based venture firm that partners with founders at the very beginning of their journey. They specialize in providing seed and early-stage capital to technology companies.

The firm has a strong history of guiding companies toward significant exits, including acquisitions by tech giants like Microsoft and Databricks. Their portfolio also includes Opendoor, which they backed through to a successful IPO, highlighting their ability to support companies with large market potential.

This firm is a good match for early-stage founders building technology companies with clear potential for a major exit. Their broad industry focus, from software to hardware, makes them a versatile partner for ambitious teams.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Software, Cloud Infrastructure, FinTech, Hardware, Biotech
• Geographical presence: San Francisco, California
• Founded: 2015
• Notable investments: Opendoor, Peer5 (acquired by Microsoft), The Wild (acquired by Autodesk), Cortex (acquired by Databricks)
• Portfolio size: 42 investments

You can refer to their website here.

8. Joule Ventures

Joule Ventures operates as a first-check partner for Israeli founders, focusing on helping them bring enterprise-grade solutions to U.S. markets. Based in New York, the firm supports startups across the enterprise software landscape.

A key characteristic is their dedication to bridging the Israeli tech ecosystem with the American market. Their track record includes guiding companies like Cellwize and BehavioSec to acquisitions by major tech players, signaling strong expertise in positioning startups for strategic exits.

This firm is a strong potential partner if you are an Israeli founder building an enterprise technology company aimed at the U.S. Their specific experience in this area makes them a valuable ally for teams navigating international growth.

• Investment stages: Seed, Early Stage, and Late Stage Venture
• Industries of focus: Cloud Infrastructure, Cyber Security, Big Data, Software, IoT
• Geographical presence: New York, with a focus on Israeli founders
• Founded: 2010
• Notable investments: Coralogix, Cellwize (acquired by Qualcomm), BehavioSec (acquired by LexisNexis)
• Portfolio size: 41 investments

You can refer to their website here.

9. Capital One Ventures

Capital One Ventures is a corporate venture firm that strategically invests in companies shaping the future of data, technology, and financial services. They support businesses across multiple stages, from initial seed funding through to late-stage growth rounds.

As a strategic investor, the firm provides access to Capital One's extensive network and deep expertise in financial services and data. Their portfolio includes major successes like Snowflake and Glean, showing a track record of backing companies that achieve significant scale.

This firm is a great potential partner if you are building a company in fintech, enterprise AI, or data infrastructure. Founders who can benefit from a strategic relationship with a major financial institution would find them particularly valuable.

• Investment stages: Seed, Early Stage, and Late Stage Venture
• Industries of focus: FinTech, Big Data, Cloud Infrastructure, Enterprise Software
• Geographical presence: San Francisco, California
• Founded: 2014
• Notable investments: Snowflake, Glean, Aqua Security, MoneyLion
• Portfolio size: 123 investments

You can refer to their website here.

10. Dell Technologies Capital

Dell Technologies Capital is the corporate venture arm of Dell Technologies, investing in enterprise and cloud infrastructure companies. Based in Palo Alto, the firm supports startups from seed to late-stage, acting as a strategic financial partner.

As a corporate VC, the firm provides access to Dell's global network and deep technical expertise, offering value beyond capital. Their portfolio highlights a strong track record of successful exits, including acquisitions by Microsoft, Intel, and Cisco, as well as the IPO of Arista Networks.

This firm is a strong choice if you are a founder in the enterprise or cloud infrastructure space who could benefit from a strategic corporate relationship. Their experience guiding companies to major acquisitions and public offerings makes them a valuable ally for teams with high-growth ambitions.

• Investment stages: Seed, Early Stage, Late Stage Venture
• Industries of focus: Cloud Infrastructure, Enterprise, Financial Services, Software
• Geographical presence: Palo Alto, California
• Founded: 2012
• Notable investments: Adallom (acquired by Microsoft), Barefoot Networks (acquired by Intel), Arista Networks (IPO)
• Portfolio size: 280 investments

You can refer to their website here.

11. Data Point Capital

Data Point Capital is a Boston-based venture fund run by business executives with a focus on internet companies. The firm invests across multiple stages, from seed to later rounds, offering a flexible approach to funding.

The firm has a strong record of backing consumer-facing internet companies that achieved major exits, like DraftKings and Drizly. Their team of former executives suggests they provide hands-on operational guidance alongside capital.

Data Point Capital is a good fit for founders building internet-based businesses, especially those in consumer tech or marketplaces. Teams seeking investors with direct operational experience would find their model particularly attractive.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Internet, Consumer Technology, Marketplaces, Cyber Security
• Geographical presence: Boston, Massachusetts
• Founded: 2012
• Notable investments: DraftKings, Drizly, Jobcase, Black Kite
• Portfolio size: 45 investments

You can refer to their website here.

12. PreAngel

PreAngel is an early-stage investment firm that functions as an angel group, incubator, and venture capital fund. Based in Sunnyvale, they provide seed and early-stage capital to technology companies.

The firm shows a clear focus on high-tech and hardware, backing companies with tangible products like drones and robotics. Their portfolio includes publicly-listed companies like urban air mobility pioneer EHang and lidar maker Hesai Technology, signaling an appetite for complex, long-term projects.

PreAngel is a strong potential partner for founders building deep-tech companies, particularly in AI, robotics, and autonomous systems. Their experience guiding hardware-focused startups to an IPO makes them a good fit for teams with ambitious, capital-intensive roadmaps.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Artificial Intelligence (AI), Big Data, Cloud Infrastructure, Drones, SaaS
• Geographical presence: Sunnyvale, California
• Founded: 2011
• Notable investments: EHang, Hesai Technology, Dobot Robotics, Westwell
• Portfolio size: 137 investments

You can refer to their website here.

13. Fortified Ventures

Fortified Ventures is a New York-based firm investing from seed to early stages in technology companies. They focus on what they term the "next evolution" of major asset classes like real estate and AI/ML infrastructure.

A defining feature is their dual focus on tangible assets and deep technology, backing companies at this intersection. Their portfolio includes AI infrastructure provider Lambda, which has reached unicorn status, and Brightvine, a platform for tokenizing real estate.

This firm is a strong potential partner if you are building a company in AI infrastructure or developing technology for the real estate and finance sectors. They appear to support technically ambitious founders aiming to modernize established industries.

• Investment stages: Seed, Early Stage Venture, Private Equity
• Industries of focus: Artificial Intelligence (AI), Cloud Infrastructure, Real Estate Investment, Finance
• Geographical presence: New York, New York
• Founded: 2021
• Notable investments: Lambda, Brightvine, DwellFi, exaBITS
• Portfolio size: 29 investments

You can refer to their website here.

14. Founders.ai

Founders.ai is a venture capital firm that invests in pre-seed and seed-stage companies using AI and data to transform enterprise software. Based in Mountain View, they focus on supporting founders at the earliest stages of their journey.

The firm shows a strong ability to foster valuable connections within its portfolio, highlighted by ThoughtSpot's acquisition of fellow portfolio company Mode Analytics. Their track record also includes major exits like the acquisition of Arcion by Databricks, signaling a focus on building companies for significant outcomes.

Founders.ai is a great match if you are building an enterprise-focused company with AI or data at its core. Their history suggests they are a good partner for founders aiming for a strategic acquisition or building toward market leadership.

• Investment stages: Early Stage Venture, Late Stage Venture, Seed
• Industries of focus: Enterprise Software, AI, Cloud Infrastructure, Data Analytics, Cyber Security
• Geographical presence: Mountain View, California
• Founded: 2020
• Notable investments: Arcion (acquired by Databricks), Mode Analytics (acquired by ThoughtSpot), Activeloop
• Portfolio size: 21 investments

You can refer to their website here.

What This Tells Us About The VC Scene for Cloud Infrastructure Companies

This review of venture capital firms shows that companies in the cloud infrastructure sector have a broad range of funding options. While there is strong support across all stages, many investors are focused on providing seed and early-stage capital. This is good news if you are a founder just getting started, but it also shows that capital is available from firms that can support your company's growth through later rounds.

Geographically, investment remains centered in major US tech hubs like the Bay Area and New York, though some firms specialize in bringing international founders to the US market. The variety of investors, from corporate VCs to highly specialized funds, means you can find a partner that aligns with your specific goals—whether you need strategic industry connections or deep technical expertise. We hope this guide helps you identify the right type of investor for your company.

Raise Confidently with Rho

Fundraising requires your full attention, so a focused list of relevant investors is essential. It allows you to direct your limited time and energy toward the partners who are the best fit for your company.

After a successful fundraise, getting your finances organized quickly is the next priority. If you’ve just raised, Rho can help you set up your financial stack in minutes.

Our platform assists you in managing your new capital with integrated business banking and corporate cards. We also offer automated bill pay to help your startup operate smoothly.

FAQs about Venture Capital Firms Focused on Cloud Infrastructure

Are there prominent cloud infrastructure VC firms in Europe?

Yes, Europe has a growing number of technology-focused venture capital firms. Many US-based VCs also have a presence there, seeking to fund promising cloud and enterprise software startups across the continent.

Why are so many cloud tech venture capital firms in the Bay Area?

The Bay Area is a major center for technology and innovation, creating a high concentration of technical talent and experienced investors. This environment makes it an ideal place for cloud infrastructure startups to find funding and support.

What do growth stage VC firms look for in cloud companies?

Growth stage investors focus on companies with proven product-market fit and strong revenue traction. They want to see a clear strategy for scaling operations, expanding market share, and achieving long-term profitability in the cloud sector.

How important is a technical background for founders seeking cloud infrastructure VCs?

A technical background is highly valued, as it shows a deep understanding of the product and market. However, investors also look for strong business acumen and a clear vision for the company's growth and success.

How can I find the right technology-focused venture capital firm?

Research firms that have invested in your specific industry and stage. Look at their portfolio companies and partner expertise to find an investor who understands your business and can provide relevant guidance for your company's journey.

How can I manage my new funding after a successful raise?

Our platform helps you manage your capital with integrated business banking, corporate cards, and automated bill pay. Get started with Rho to organize your finances and focus on growing your business.