New investment accelerates enterprise adoption and AI-powered automation, simplifying complex infrastructure management for global enterprises.
Spacelift, a leading infrastructure orchestration platform, today announced it has raised $51 million in a Series C funding round. The round was led by Five Elms Capital, with participation from Endeavor Catalyst and Inovo VC. This latest investment will accelerate product innovation, expand enterprise adoption and advance the company’s commitment to simplifying complex infrastructure management through AI-powered automation.
Today’s enterprises face unprecedented complexity in managing infrastructure across multi-cloud and hybrid environments. To address these challenges, Spacelift is transforming how enterprises compose, deploy and manage infrastructure, significantly reducing operational complexity while maintaining strict compliance and comprehensive visibility at scale.
Enterprise adoption of Spacelift continues to accelerate across diverse sectors, including financial services, software, healthcare and government, with leading companies such as Redfin, Checkout, Moody’s, Duolingo and Sailpoint leveraging the platform. Spacelift streamlines complex workflows, enabling enterprises to confidently manage their infrastructure lifecycle across various tools, including but not limited to Terraform, OpenTofu and Ansible.
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“As infrastructure complexity grows exponentially, enterprises are seeking more intuitive and intelligent ways to manage their technology environments,” said Pawel Hytry, CEO and co-founder of Spacelift. “This funding propels our vision forward, empowering organizations to effortlessly articulate and realize infrastructure goals through AI-powered automation. The platform delivers compliance, control and rapid scalability, fundamentally redefining the enterprise infrastructure management experience.”
“We are thrilled to partner with the Spacelift team,” saidย Joe Onofrio, partner at Five Elms Capital. “Their innovative approach sets a new standard for infrastructure automation, making it accessible, understandable and powerful. With a strategic focus on bridging human intent and infrastructure outcomes through AI, Spacelift is uniquely positioned to succeed in this rapidly evolving market.”
The funding also underscores the company’s leadership in the open-source community, notably through its foundational role inย OpenTofu, the popular community-driven Infrastructure as Code tool, launched inย August 2023. OpenTofu now boasts over 600 contributors, over 10 million downloads, an average of 350,000+ weekly downloads and large-scale enterprise adoption including Oracle, Cisco and Fidelity Investments.
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