We are pleased to announce the successful exit of Navigate Ventures Fund I investment in North as part of the company's recently announced $60 million growth round led by PeakSpan Capital. This outcome further validates our investment thesis of delivering liquidity within a short holding period and an accelerated path to DPI.

We congratulate the North team and wish them continued success.

About North

North helps companies manage, optimize, and automate cloud spend across AWS, GCP, and other cloud environments in real time. Built for engineering, FinOps, and infrastructure teams, the platform provides visibility and control over cloud costs without relying on spreadsheets. North automates commitment strategies, detects anomalies, rightsizes workloads, and allocates cloud spend, helping teams identify savings opportunities and avoid paying for unused discount commitments as they scale.

About PeakSpan Capital

PeakSpan Capital is a growth equity firm based in New York City and Silicon Valley. Having partnered with ~60 applied AI B2B scale-ups and with $2.6B in assets under management (AUM), PeakSpan’s mission is to be the partner of choice for growth-stage entrepreneurial teams building category-defining software for business buyers of all sizes. PeakSpan combines deep domain expertise across a select set of sectors with multiple homegrown, proprietary, and patented technology platforms that provide visibility into company and market performance, helping disruptive entrepreneurs drive resilient, risk-adjusted value creation — enabling founders and management teams to scale with conviction and summit with confidence to reach the best view of success.

About Navigate Ventures

Navigate Ventures focuses on bridging the capital gap for B2B Enterprise SaaS companies outside of Silicon Valley. The fund leverage a risk-mitigated strategy aimed at achieving a shorter holding period (3-4 years) and an accelerated path to Distributions to Paid-In Capital (DPI). Founder and Managing Partner Ivan Nikkhoo is a recognized thought leader in the venture ecosystem. He is a frequent speaker at global venture capital and family office conferences and contributes regularly to leading industry publications.