United Kingdom · Funded startup

Who invested in CloudMargin

3 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IT Services

Funding summaryUpdated 26 Oct 2026

$35Mraised across 3 rounds since 2018, from 3 sources

$10MRound$6.6MRound$18MRound
Latest round
Round, $18MDec 2023
Step-upi
2.7×
Investors
4
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201820192020202120222023
$10MRound$6.6MRound$18MRound
First round
Round, $10M
Apr 2018
Biggest round
$18M
Round · Dec 2023
Usual gap between rounds
3.4 years
the median of 2

The rounds

  1. Dec 2023
    Round$18M

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  2. Sept 2021
    Round$6.6M

    No investor was named in the report.

    Shares issued, filed with Companies House (SH01); no report of this raise yet

  3. Apr 2018
    Round$10M4 new

    Reported by FinSMEs

Funding filed with regulators

CloudMargin filed 4 raises, $25M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Feb 2026Amount not statedUK share allotment
  2. Aug 2025Amount not statedUK share allotment
  3. Dec 2023$18MUK share allotment
  4. Sept 2021$6.6MUK share allotment

Founders and team

From CloudMargin's own website: 1 founder, 11 on the team.

Stuart McHardyCo-Founder
  • Steven MarconiPresident and Chief Operating Officer
  • Stuart ConnollyChief Executive Officer
  • Clinton ElstonChief Technology Officer
  • David WhiteChief Commercial Officer
  • Miriam MarascioChief Client Services Officer
  • Nico BuschChief Product Officer
  • Yasmin UllahChief of Staff
  • Simon MillingtonHead of Client Success & Partners
  • Andrew EisenNon-Executive Director
  • Mark BeestonNon-Executive Director
  • Richard BerliandChairman

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Round2018Round2021Round2023Illuminate VenturesJefferiesIHS MarkitLVC

Everyone who backed them

Illuminate VenturesVC firm1round
JefferiesVC firm1round
IHS Markitno record of our own yet1round
LVCno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about CloudMargin

Who invested in CloudMargin?

CloudMargin's investors include Illuminate Ventures, Jefferies, IHS Markit and LVC.

How much has CloudMargin raised?

CloudMargin has raised $35M across 3 rounds since 2018.

When did CloudMargin last raise?

CloudMargin's most recent round, $18M, was in Dec 2023.

What was CloudMargin's biggest round?

Its most recent round, $18M in Dec 2023, is also its largest on record.

Who backed CloudMargin first?

CloudMargin's first round on record, in Apr 2018, was backed by Illuminate Ventures, Jefferies and IHS Markit and 1 others.

What stage is CloudMargin at?

CloudMargin's latest named round is an Undisclosed round, in Apr 2018.

Where is CloudMargin based?

CloudMargin is based in the United Kingdom.

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