DevCurationThe Premier Voice of the Entire Tech Ecosystem
Home
Where the Money Moved
News
Events
Investor Spotlight
Company Spotlight
Frameworks
DevCuration
Home
Where the Money Moved
News
Events
Investor Spotlight
Company Spotlight
Frameworks
DevCuration
Latest
Sprout Family Raises $2.49M Seed for Family BenefitsSprout Family Raises $2.49M Seed for Family Benefits|Fission Raises $10M Series A for Tokenized Fund Liquidity|Sirona Medical Raises $40M Series D for Radiology Expansion|Otter Health Raises $8M Seed for Clinical Intelligence|CarbonAI Announces $12M for Commercial Real Estate Lending|Berkshire Agrees $330M Bending Spoons Private PlacementBerkshire Agrees $330M Bending Spoons Private Placement|Zippy Raises $20M Series C for Manufactured Housing Finance|Mana Battery Raises $10.15M for Sodium-Ion Batteries|Allara Raises $30M for AI-Enabled Women's Health Care|ICON Raises $200M Series D for Titan Construction Robots|Sprout Family Raises $2.49M Seed for Family BenefitsSprout Family Raises $2.49M Seed for Family Benefits|Fission Raises $10M Series A for Tokenized Fund Liquidity|Sirona Medical Raises $40M Series D for Radiology Expansion|Otter Health Raises $8M Seed for Clinical Intelligence|CarbonAI Announces $12M for Commercial Real Estate Lending|Berkshire Agrees $330M Bending Spoons Private PlacementBerkshire Agrees $330M Bending Spoons Private Placement|Zippy Raises $20M Series C for Manufactured Housing Finance|Mana Battery Raises $10.15M for Sodium-Ion Batteries|Allara Raises $30M for AI-Enabled Women's Health Care|ICON Raises $200M Series D for Titan Construction Robots
DevCuration

The premier voice of the tech ecosystem, from ideation to enterprise.

Explore

  • Where the Money Moved
  • Events
  • Articles & Analysis

Spotlights

  • Investor Spotlight
  • Company Spotlight
  • Frameworks

Company

  • About Us
  • Privacy Policy
  • Terms of Service
© 2026 DevCuration. All rights reserved.
TwitterLinkedIn
Logos provided by Logo.dev
Back to articles
February 03, 2026
•Jesse LandryJesse Landry

CloudForge Secures $3.95M in Funding for AI-Powered Sales and Procurement Platform

CloudForge did not come out swinging. It came out cutting steel. Founded in August 2022 and headquartered at 169 Madison Avenue in New York, New York 10016, this is what happens when software people stop romanticizing disruption and start respecting the floor. The North American metals service center industry moves between $250 and $300 billion a year, quietly, imperfectly, and with systems that still remember dial-up. CloudForge decided that was enough nostalgia.

CloudForge emerged from stealth with a $3.95 million seed round led by Zero Infinity Partners, joined by Resolute Ventures and Bienville Capital. Zero Infinity Partners Founder and Managing Partner John Kwaak knows infrastructure, not vibes, and that distinction matters here. This was not a popularity check. It was a conviction play on software built for weight, heat, and consequence.

Benjamin Marans, Co-Founder and Chief Executive Officer, did not stumble into metals. He studied vertical SaaS from the inside at Fractal Software, watched platforms scale at HealthVerity and Medidata Solutions, then picked an industry that still runs on relationships, spreadsheets, and tribal memory. Christopher Holt, Co-Founder and former Chief Technology Officer, grew up in a steel family and previously scaled engineering teams at Up&Up before departing CloudForge in October 2024. That lineage shows up in the product, not the pitch.

CloudForge is not a marketplace. That is intentional. It is a searchable operating system for metals, powered by a proprietary database of more than 165,000 verified metal companies across North America. Sales, CRM, procurement, sourcing, quoting, inventory, analytics, execution, all forged into one platform without asking teams to hire more people to babysit software. The word forge matters here. This platform shapes flow, it does not just display it.

Traction arrived early and loud. Tri-State Steel signed a new customer in their first week using the platform. Metals & Alloys said the quiet part out loud, admitting they would rather competitors not touch it. As of this raise, CloudForge has $500,000 in contracted revenue and headcount growth north of 170 percent year-over-year. That is not noise. That is pull.

Product depth is being driven by Prahasith Veluvolu, Founding Head of Product, whose path runs from founding Mimir to its acquisition by HackerRank and years of shipping product at scale. Forbes 30 Under 30, Peter Thiel Fellow, Y Combinator alum, and still allergic to empty features. The roadmap is about execution speed, sourcing clarity, and removing friction that the industry has accepted for decades.

Back to all articles
Newsletter

Where the Money Moved

The intelligence briefing of the innovation economy. Funding, M&A, debt and fund closes, read as market signal rather than deal announcements.

Subscribe to Where the Money Moved

Related Articles

Funding Announcement
Quanfluence Raises $10M for Photonic Quantum Computing
Oct 10, 2026
Funding Announcement
RiskScout Raises Funding to Unify Fraud and BSA/AML
Sep 29, 2026
Funding Announcement
Exein Raises $270M to Secure Physical AI Systems
Sep 15, 2026
Funding Announcement
Vecna Robotics Raises $31M for Dock-to-Dock Automation
Sep 15, 2026
Funding Announcement
Concordare Details Funding for Digital Trial Protocols
Aug 27, 2026

More from Jesse Landry

Funding Announcement
Sprout Family Raises $2.49M Seed for Family Benefits
Oct 15, 2026
Funding Announcement
Fission Raises $10M Series A for Tokenized Fund Liquidity
Oct 15, 2026
Funding Announcement
Sirona Medical Raises $40M Series D for Radiology Expansion
Oct 15, 2026

Trending

Company Spotlight
Company Spotlight: LightSprint’s Shared Software Factory
Oct 15, 2026
Events
Snowflake Expedition 2026 Splits the Agentic Enterprise Into Work Builders Can Carry Home
Oct 14, 2026
View all posts