Top 14 Venture Capital Firms Investing in Cloud Infrastructure Startups

When you're preparing to raise capital, finding investors who truly understand your business is critical. For founders in cloud infrastructure, SaaS, or enterprise technology, this means connecting with firms that have deep experience in the space.

To help you find the right partners, our team at Rho has put together this overview of top venture capital firms that actively invest in cloud technology. This guide is designed to give you a quick summary of relevant investors, whether you're actively fundraising or just starting to plan.

Rho provides access to business banking, corporate cards, and bill pay — built for startup teams moving fast.

Key Takeaways

• Securing venture funding gives cloud infrastructure startups the capital to scale and the strategic guidance from investors with deep industry knowledge.
• Venture capital firms like Race Capital, Thomvest Ventures, Heavybit, and Titanium Ventures are notable backers of companies in the cloud infrastructure sector.
• Once you've closed a round, Rho helps you manage your new capital with integrated business banking, corporate cards, and automated bill pay.

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

Whether your company is in its early days or preparing for an exit, it’s helpful to know which investors to approach. Here is a quick overview of venture capital firms that invest in cloud infrastructure, organized by funding stage.

Pre-seed and Seed VC Firms in Cloud Infrastructure

Pre-seed and seed funding is the earliest capital you'll raise, typically used to validate your idea and build an initial product. For founders in cloud infrastructure, technology-focused venture capital firms like boldstart ventures, which partners from inception, and Race Capital are strong options, as is at.inc/, which focuses on a company's earliest stages.

Early Stage VC Firms in Cloud Infrastructure

Early-stage funding, including Series A and B rounds, is for startups with proven traction that need capital to scale their team and accelerate growth. Some of the top early-stage VC firms for this phase include Heavybit, known for backing dev-first companies, and Founders.ai, which invests in startups transforming the enterprise with AI.

Late Stage VC Firms in Cloud Infrastructure

Late-stage capital is for mature companies preparing for significant expansion, a potential acquisition, or an initial public offering (IPO). Notable late-stage venture capital firms include Titanium Ventures and Dell Technologies Capital, both of which have a track record of backing companies through major exits.

Additionally, many firms like Thomvest Ventures and Capital One Ventures invest across all funding stages, from seed to exit.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

To help you identify the right investors, we've compiled information on top VC firms that specialize in cloud infrastructure. Below, you'll find specifics on their typical investment stages, geographic focus, and what distinguishes each firm for founders.

1. Race Capital

Race Capital is an early-stage venture fund based in Palo Alto that concentrates on infrastructure technology. Founded in 2019, the firm invests from the seed stage onward, partnering with companies building foundational software and systems.

The firm's portfolio shows a clear focus on technically complex sectors like cloud infrastructure, AI, and blockchain. Their early seed investment in Databricks, now a major data and AI platform, highlights their ability to identify and back future industry leaders from the beginning.

This firm is a strong potential partner if you are a founder building deep technology, especially in enterprise software or data infrastructure. Their focus on early-stage rounds makes them a good match for teams seeking initial capital and strategic guidance.

• Investment stages: Early Stage Venture, Seed
• Industries of focus: Cloud Infrastructure, Enterprise Software, Blockchain, Web3
• Geographical presence: Palo Alto, California
• Founded: 2019
• Notable portfolio companies: Databricks, Goodnotes, Groq, Vectara
• Number of investments: 44

You can refer to their website here.

2. Thomvest Ventures

Thomvest Ventures is a San Francisco-based firm that has been investing since 1996. As a cross-stage investor, they support companies from their earliest days through seed, early, and late-stage rounds.

The firm has a strong focus on financial services, cybersecurity, and cloud infrastructure. Their portfolio highlights major fintech successes like SoFi and Lending Club, alongside the DevOps platform Harness, demonstrating their expertise in multiple technical sectors.

This firm is a good match if you're a founder in fintech or enterprise software seeking a long-term financial partner. Their ability to invest across stages makes them a valuable ally for companies with ambitious growth plans.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture, Private Equity, Debt
• Industries of focus: Cloud Infrastructure, Cyber Security, Financial Services
• Geographical presence: San Francisco, California
• Founded: 1996
• Notable portfolio companies: SoFi, Lending Club, Harness, Kabbage, LoanSnap
• Number of investments: 135
• Number of exits: 33

You can refer to their website here.

3. Heavybit

Heavybit is a San Francisco-based venture capital firm that specializes in backing "dev-first" companies. Since its founding in 2013, it has built a reputation for helping technical founders build successful businesses from the ground up.

The firm's focus is squarely on companies building tools for software developers, from cloud infrastructure to developer APIs. Their portfolio includes major successes like PagerDuty and Snyk, showing a pattern of backing companies that become essential parts of the modern software development lifecycle.

Heavybit is an ideal partner if you are a technical founder building a product for other developers. Their deep community and operational support are tailored specifically for companies in the developer tooling and infrastructure space.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Cloud Infrastructure, Developer APIs, Developer Platforms, Enterprise Software
• Geographical presence: San Francisco, California
• Founded: 2013
• Notable portfolio companies: PagerDuty, CircleCI, Netlify, LaunchDarkly, Snyk
• Number of investments: 96
• Number of exits: 21

You can refer to their website here.

4. Titanium Ventures

Titanium Ventures is a San Francisco-based firm that has invested in technology companies since 2011. As a multi-stage investor, they support businesses from early rounds through their later growth phases in sectors like cloud infrastructure, cybersecurity, and financial services.

The firm has a notable track record of backing companies to major exits, including the IPOs of GitLab and CrowdStrike and the acquisition of Auth0. This makes them a strong choice for founders building for a large-scale exit, especially those who can benefit from the firm's focus on creating synergy revenues between its portfolio companies.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Cloud Infrastructure, Cyber Security, Financial Services, Internet of Things
• Founded: 2011
• Notable portfolio companies: Auth0, GitLab, CrowdStrike, Snap Inc., DocuSign
• Number of exits: 36

You can refer to their website here.

5. boldstart ventures

boldstart ventures is a seed-stage firm that partners with founders from day one. Founded in 2010, they focus on what they call "developer-first, infra & SaaS" companies, positioning themselves as true believers in deeply technical founding teams.

The firm’s approach is to be the first check-in, helping shape a company from its inception. Their portfolio reflects this, with investments in enterprise data-privacy platform BigID, blockchain infrastructure company Blockdaemon, and the popular email client Superhuman.

This firm is an excellent match if you are a founder at the earliest stages of building a developer-focused or enterprise SaaS product. Their hands-on, "from inception" model is ideal for teams seeking a lead investor to help guide their initial strategy and product development.

• Investment stages: Seed
• Industries of focus: Developer Tools, Enterprise Software, Cloud Infrastructure, SaaS, Cyber Security
• Geographical presence: Miami, Florida
• Founded: 2010
• Notable portfolio companies: BigID, Superhuman, Blockdaemon, Spotify
• Number of investments: 203
• Number of exits: 33

You can refer to their website here.

6. Kindred Ventures

Kindred Ventures is a San Francisco-based firm that primarily invests at the seed stage. Founded in 2014, they often support companies across their entire lifecycle by participating in early and late-stage rounds as well.

The firm is known for backing iconic, high-growth companies like Uber and Coinbase from their early days. Their ability to invest across stages signals a commitment to being a long-term partner for founders with ambitious plans.

Kindred Ventures is a strong potential investor if you are a founder with a bold vision aiming for a massive market. Their track record suggests an aptitude for identifying breakout companies, even outside of pure enterprise software.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Cloud Infrastructure, Finance, Financial Services
• Geographical presence: San Francisco, California
• Founded: 2014
• Notable portfolio companies: Uber, Coinbase, Postmates, Tonal, Blue Bottle Coffee
• Number of investments: 125
• Number of exits: 10

You can refer to their website here.

7. at.inc/

at.inc/ is a San Francisco-based venture firm that focuses on partnering with founders at the earliest stages of company building. They invest from seed and early-stage rounds, positioning themselves as an initial backer for new businesses.

The firm shows a pattern of backing companies from their inception and supporting them to successful exits, often through acquisitions by large technology companies. Their investment in Cortex, a machine-learning infrastructure startup acquired by Databricks, highlights their interest in foundational technology.

This firm is a good fit if you are a founder at the seed stage building a technical product with a clear path to market. Their history of portfolio acquisitions suggests they are a strong partner for teams aiming for a strategic exit.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Cloud Infrastructure, Software, Hardware, FinTech, Quantum Computing
• Geographical presence: San Francisco, California
• Founded: 2015
• Notable exits: Opendoor (IPO), Peer5 (acquired by Microsoft), Cortex (acquired by Databricks)
• Number of investments: 42
• Number of exits: 6

You can refer to their website here.

8. Joule Ventures

Joule Ventures is a New York-based firm that acts as a first-check investor for Israeli founders. They specialize in helping enterprise technology companies enter and scale within U.S. markets.

The firm's model is distinct, focusing on bridging the Israeli tech ecosystem with the American market. Their portfolio shows a history of backing enterprise software companies to significant exits, including the acquisition of Cellwize by Qualcomm and Coralogix reaching unicorn status.

Joule is an ideal partner if you are an Israeli founder building an enterprise-grade solution and looking for a lead investor to help you break into the U.S. market. Their cross-stage support is valuable for long-term growth.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture, Non Equity Assistance
• Industries of focus: Cloud Infrastructure, Cyber Security, Big Data, Enterprise Software, Internet of Things
• Geographical presence: New York, New York
• Founded: 2010
• Notable portfolio companies: Coralogix, Cellwize (acquired by Qualcomm), BehavioSec (acquired by LexisNexis), WeWork
• Number of investments: 41
• Number of exits: 6

You can refer to their website here.

9. Capital One Ventures

Capital One Ventures is the strategic investment arm of Capital One, funding startups that are building the future of data, technology, and financial services. As a corporate venture firm, they invest in companies that align with Capital One's long-term vision.

The firm’s identity as a strategic investor is its defining feature, with a clear focus on fintech, enterprise software, and big data. Their portfolio includes major successes like Snowflake, which had one of the largest software IPOs in history, and the B2B payments platform Melio.

This firm is a strong fit if you're a founder in the data or fintech space who could benefit from a strategic relationship with a major financial institution. Their ability to invest across stages, from seed to late-stage, also makes them a good partner for long-term growth.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture, Convertible Note
• Industries of focus: B2B, Big Data, Cloud Infrastructure, Enterprise, FinTech
• Geographical presence: San Francisco, California
• Founded: 2014
• Notable portfolio companies: Snowflake, MoneyLion, Melio, Glean, Aqua Security
• Number of investments: 123
• Number of exits: 24

You can refer to their website here.

10. Dell Technologies Capital

Dell Technologies Capital is the corporate venture arm of Dell Technologies, investing in early- to late-stage enterprise and cloud infrastructure companies. Based in Palo Alto, they support startups building foundational technology from seed rounds onward.

As a strategic investor, the firm has a strong record of backing companies toward major exits, including the acquisition of Adallom by Microsoft and Arista Networks' IPO. This history shows their focus on startups with clear strategic value in the enterprise market.

This firm is a great match if you are building enterprise technology that could align with the Dell Technologies ecosystem. Founders seeking a long-term partner with deep industry connections and a path to a strategic exit will find them particularly valuable.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Cloud Infrastructure, Enterprise, Financial Services, Software
• Geographical presence: Palo Alto, California
• Founded: 2012
• Notable portfolio companies: Adallom (acquired by Microsoft), Barefoot Networks (acquired by Intel), Arista Networks (IPO)
• Number of investments: 280
• Number of exits: 69

You can refer to their website here.

11. Data Point Capital

Data Point Capital is a Boston-based venture fund that invests in internet-focused companies. The firm is non-stage specific, backing businesses from their earliest days through later growth rounds.

The firm's team is composed of business executives, suggesting a hands-on approach from operators with direct experience. Their portfolio includes major consumer brands like DraftKings and Drizly, highlighting a talent for spotting high-growth internet companies.

This firm is a strong match if you are building an internet company and value guidance from seasoned executives. Their flexible approach to funding stages makes them a good partner for founders at different points in their journey.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Internet, Cloud Infrastructure
• Geographical presence: Boston, Massachusetts
• Founded: 2012
• Notable portfolio companies: DraftKings, Drizly (acquired by Uber), Jobcase, Black Kite
• Number of investments: 45
• Number of exits: 10

You can refer to their website here.

12. PreAngel

PreAngel is a Sunnyvale-based firm that operates as an angel group, incubator, and venture capital fund. Since its founding in 2011, the firm has focused on seed and early-stage investments in high-tech companies.

The firm has a clear affinity for hardware and deep technology, with a portfolio heavy in AI, robotics, and autonomous systems. Their backing of companies like urban air mobility pioneer EHang and lidar maker Hesai Technology, both notable investments, shows an interest in businesses creating tangible, market-defining products.

PreAngel is a strong choice for founders at the earliest stages of building a company in sectors like robotics, AI, or advanced mobility. Their incubator model suggests they provide hands-on support, making them a good partner for technical teams looking for business development guidance.

• Investment stages: Early Stage Venture, Seed
• Industries of focus: Artificial Intelligence (AI), Big Data, Cloud Infrastructure, Drones, Financial Services, Machine Learning, Mobile Apps, Open Source, SaaS
• Geographical presence: Sunnyvale, California
• Founded: 2011
• Notable portfolio companies: EHang, Hesai Technology, Dobot Robotics, Westwell
• Number of investments: 137
• Number of exits: 11

You can refer to their website here.

13. Fortified Ventures

Fortified Ventures is a New York-based firm founded in 2021 that invests across seed, early-stage, and private equity rounds. They concentrate on companies building technology for large asset classes, particularly at the intersection of real estate and AI infrastructure.

The firm’s distinct focus is on foundational platforms for these specific industries. Their portfolio highlights this strategy, with investments in Lambda, a GPU cloud-computing provider, and Brightvine, a platform for tokenizing real-estate assets.

This firm is a good match if you're a founder building core technology for the real estate or AI sectors. Their ability to invest from seed to private equity makes them a potential long-term partner for companies with significant growth plans.

• Investment stages: Seed, Early Stage Venture, Private Equity
• Industries of focus: Artificial Intelligence (AI), Cloud Infrastructure, Real Estate Investment, GPU
• Geographical presence: New York, New York
• Founded: 2021
• Notable portfolio companies: Lambda, Brightvine, DwellFi, exaBITS
• Number of investments: 29
• Number of exits: 2

You can refer to their website here.

14. Founders.ai

Founders.ai is a venture capital firm based in Mountain View that invests in pre-seed and seed startups. They focus on companies using AI and data to build new solutions for the enterprise market.

The firm shows a strong interest in portfolio synergy, highlighted by the acquisition of Mode Analytics by fellow portfolio company ThoughtSpot. Their holdings in major platforms like Databricks also signal deep connections within the data and AI ecosystem.

This firm is a good match if you are an early-stage founder building an AI-native enterprise product. Their track record of strategic acquisitions, like Arcion's sale to Databricks, suggests they are a valuable partner for teams building toward a significant exit.

Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

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

You can refer to their website here.

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

This overview shows that capital for cloud infrastructure companies is available at every stage. You’ll find a significant number of firms that focus on providing that critical first check at the seed and early stages. At the same time, many investors on this list support companies across their full lifecycle, from inception to exit, offering the potential for a long-term partnership as you grow.

Geographically, the investor scene is concentrated, with a majority of the firms located in California. While there are strong partners in other hubs like New York and Boston, this is a practical point to consider when planning your outreach. Once funding is secured, Rho’s integrated financial tools — including business banking, corporate cards, and automated bill pay — help startups manage and deploy capital efficiently.

Raise Confidently with Rho

Fundraising requires significant time and focus. We hope this list of investors gives you a clear starting point, so you can direct your energy toward the firms most aligned with your company.

Once your round is closed, the work of managing that capital begins. Rho can help you set up your financial stack in minutes, letting you move from fundraising to building without delay.

Our platform integrates business banking, corporate cards, and automated bill pay to help you deploy your new funding with control and clarity. This gives you the financial infrastructure to scale your operations efficiently.

FAQs about Venture Capital Firms Focused on Cloud Infrastructure

How do early-stage VC firms evaluate cloud infrastructure startups?

Early-stage VCs focus on your team’s technical expertise, the size of the market you're addressing, and early product validation. They want to see a clear vision for how your technology solves a significant problem for developers or enterprises.

What is the main focus for late-stage venture capital firms?

Late-stage investors concentrate on proven business models and clear paths to profitability or an IPO. They look for strong revenue growth, established market leadership, and a scalable sales motion before committing significant capital for expansion.

Are there many cloud technology venture capital firms in New York?

Yes, New York has a growing number of technology VC firms. Investors like boldstart ventures and Joule Ventures are based there, focusing on enterprise software, cloud infrastructure, and helping founders access the U.S. market from a strong East Coast hub.

What should I know about European venture capital firms for SaaS?

European VC firms are increasingly active in SaaS and cloud software. Many have a strong presence in hubs like London and Berlin, and they often look for companies with clear plans for global expansion and strong initial traction.

What makes AI venture capital firms different?

AI VC firms often have partners with deep technical backgrounds in machine learning and data science. They look for startups with proprietary data, strong AI talent, and a clear application of AI that creates a defensible business advantage.

How can Rho help manage my capital after fundraising?

After closing your round, Rho helps you manage your new capital with an integrated platform. We provide business banking, corporate cards, and automated bill pay to give you the financial tools to scale your operations efficiently.