Cutover raised $35 million in a Series B financing round led by Eldridge.

United Kingdom United States 03 March 2021

Cutover, a London, UK-based SAAS developer of an enterprise planning platform, announced closing series B financing worth of $35 million.

The money was raised from investors led by Eldridge, with participation from existing investors Index Ventures, Sussex Place Ventures and Contour Ventures.

Proceeds will be used to expand the business scope of its solutions.

Cutover, founded in 2013 by Craig Gregory, CEO Ky Nichol and Marcus Wildsmith, developed a software platform that is enabling teams to plan, orchestrate, and analyze complex work faster and with greater visibility. Business cases include implementations for organizations across financial services (including banks), technology, retail and insurance in order to release software, perform cloud migrations, enact operational resilience, respond to incidents or launch IPOs.

Prior to this round, Cutover secured almost $20 million.

Total investments received (USD): 54.5M