/Companies

Cutover

Techstars '15

London, GB · Founded 2013 · 145 employees on LinkedIn · 10 known investors

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Cutover provides cloud disaster recovery and incident management automation software using AI-powered orchestration to replace manual recovery processes. The platform serves organizations managing application availability and IT resilience, backed by a partnership with AWS.

Also known as Cutover

Founders & leadership

Cutover was founded in 2013 by Ky Nichol.

KNKy Nichol
Ky NicholFounder · CEOBefore founding Cutover in 2014, he spent more than a decade at management consultancy Pcubed, where he held roles including managing consultant, global head of service lines, head of government practice, and global head of public sector and major sporting events. He later served as a strategic advisor to Pcubed's public sector practice.
CB
Ciaran ByrneFounder

Investors · 10

Also in the syndicate · 3

Barclays BankContour VenturesPartnership Fund for New York

Funding

SEC filings, press & company announcements

$52M disclosed across 2 rounds · 2019–2021

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Sep 2026

Cutover develops a SaaS "Collaborative Automation" platform that combines AI, automation and human decision-making to plan, execute and audit complex IT operations work. Its core construct is the runbook: dynamic, executable, task-based plans that sequence and orchestrate activities across both people and machines in real time, replacing static documents with editable plans that can be adapted during execution. Runbooks can be stored as templates and linked to a configuration management database so that recovery plans spanning hundreds or thousands of applications can be mobilized quickly, covering core infrastructure, control planes and individual applications by criticality.

The platform is packaged into products including Cutover Recover (IT and cyber disaster recovery), Cutover Respond (incident response aimed at reducing mean time to resolution) and Cutover AI, alongside features such as real-time dashboards and analytics, and an integration suite with a REST API and connectors to third-party tools and collaboration platforms including Slack, Microsoft Teams and Zoom. Cutover AI, which the company says leverages Amazon Bedrock and Anthropic's Claude, summarizes runbooks, evaluates and suggests improvements using execution data, and generates new runbooks with tasks and dependencies from sources such as Confluence and other structured and unstructured data. An immutable, auto-generated audit log supports regulatory compliance and evidencing of recovery processes to regulators. Use cases extend beyond disaster recovery to cloud migration, software release and patching, large-scale technology implementations and operational resilience testing, across on-premises, cloud, hybrid and multi-cloud estates.

Business model

Cutover sells its platform as a SaaS product to large enterprises, marketed through demo requests and supported by an ecosystem of systems integrator and cloud partners.

Traction

Named customers and references include Barclays, Nationwide Building Society, Danske Bank, LSEG, Accenture and Deloitte. The company reported doubled revenues and an almost tripled workforce in 2020. Published outcome claims include 50% reduction in execution time, 70% reduction in planning and testing time, 60% more efficient audit, and 3x faster cloud migrations; a Forrester Total Economic Impact study of Cutover Recover cites 313% ROI, $3.17M net present value and payback in under six months.

Latest developments

Current product line spans Cutover Recover, Cutover Respond and Cutover AI, with AI capabilities built on Amazon Bedrock and Anthropic's Claude for runbook creation, summarization and improvement. The company publishes ongoing blog content on IT disaster recovery planning, cyber resilience metrics and planned failover, and operates a Cutover Resilience Funding Program and a customer community.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Positions itself as an enterprise work orchestration and observability platform; states three of the five largest US banks are among its users and that it holds an AWS Resilience Software Competency as one of the inaugural partners in that program. Listed in Deloitte's 2020 UK Fast 50 fastest-growing technology companies.

Technology

AI-powered, dynamic runbooks that orchestrate human tasks and machine automation, with real-time dashboards and analytics, an integration suite with REST API and connectors to third-party IT and collaboration tools, and an immutable auto-generated audit log. Cutover AI applies models via Amazon Bedrock and Anthropic's Claude to summarize, improve and generate runbooks.

Go-to-market

Direct enterprise sales supported by demos, customer success stories and a customer community, plus a partner ecosystem that includes AWS (as an Advanced Technology Partner and ISV), Deloitte, Accenture and CSTechnology; the company also runs a Cutover Resilience Funding Program.

Large enterprises, with particular depth in financial services (banks, investment firms, building societies and exchange groups), as well as technology, retail and insurance; buyers include C-suite, IT operations, cyber security and DevOps teams.

Geography

Headquartered in London, UK, with an expanded footprint in New York City; serves global enterprises.

History

Cutover raised a $17 million Series A led by Index Ventures in November 2019, with Barclays Bank, Sussex Place Ventures, Contour Ventures, Partnership Fund for New York and Outrun Ventures participating. It graduated from the Partnership Fund for New York City's FinTech Innovation Lab in 2018 and was listed in Deloitte's 2020 UK Fast 50. In March 2021 it announced a $35 million Series B led by Eldridge, closing the final wave later that month with the addition of Partnership Fund for New York City, Outrun Ventures and angel investors.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Audit efficiency improvementJan 202560%
Cloud migration speed improvementJan 20253x faster cloud migrations
Customer resiliency efficiency improvement (Danske Bank)Jan 2025300%
Customer savings in time and resources (multinational investment company)Jan 2025$480K
Forrester Total Economic Impact: benefits present value (Cutover Recover)Jan 2025$2.4M
Forrester Total Economic Impact: net present value (Cutover Recover)Jan 2025$3.2M
Forrester Total Economic Impact: payback period (Cutover Recover)Jan 2025Under 6 months
Forrester Total Economic Impact: return on investment (Cutover Recover)Jan 2025313%
HeadcountAug 2026145
Reduction in execution timeJan 202550%
Reduction in planning and testing timeJan 202570%
Revenue growthMar 2021Revenues doubled
Workforce growthJan 2020Almost tripled workforce in 2020

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 10

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ArcserveArcserve Unified Data Protection (UDP) is a backup and disaster recovery product that protects cloud, on-premises, virtual, and hyperconverged workloads across multiple hypervisors, with AI-driven anomaly detection and automated recovery testing. It targets organizations needing data resilience and ransomware protection, offering instant VM and bare-metal recovery, immutable storage, and management through a unified console.
SecureframeSecureframe provides a compliance automation platform that helps enterprises maintain security and compliance posture with common controls mapping across multiple frameworks. The platform uses AI and automation to reduce manual compliance work for organizations managing standards like SOC 2, ISO 27001, and HIPAA.
OracleOracle sells enterprise database software, applications and cloud infrastructure, and has grown through large acquisitions including PeopleSoft, Siebel and Sun Microsystems.
UpguardUpGuard provides a platform for managing cybersecurity risk, including third-party vendor and supply chain risk assessment. It is aimed at organizations seeking to evaluate and monitor the security posture of their vendors.
AcronisAcronis provides an integrated cyber protection platform for managed service providers (MSPs) that combines operations management, cybersecurity, and data protection capabilities to reduce costs and security risks across client workloads.
CiscoCisco Systems designs and sells networking hardware, software, and services—including routers, switches, and cloud-based applications—to enterprise, service provider, and consumer markets globally.
SplunkSplunk offers a unified platform for security and observability that ingests and analyzes large-scale data across hybrid cloud environments. Its tools support security operations centers with analytics and automated response, and help teams monitor application and infrastructure performance.
DruvaDruva provides a cloud-native SaaS platform for data backup, protection, recovery, and AI-driven data insights across enterprise data and workloads. It offers security features such as end-to-end encryption, air-gapped backups, and SIEM/SOAR integrations without on-premise infrastructure.

Companies working in the same space as Cutover.

Timeline · 7

launches, deals, and filings
Jan 2024
AWS Resilience Software Competency

Cutover achieved the AWS Resilience Competency as one of the inaugural AWS partners in the program, recognizing technical proficiency in helping customers increase resilience.

source ↗

Mar 2021
Expansion of New York City footprint

The Partnership Fund for New York City noted that Cutover, which graduated from its FinTech Innovation Lab in 2018, had chosen to expand its footprint in New York City.

source ↗

Mar 2021
Final close of $35M Series B with Partnership Fund for New York City and Outrun Ventures

Cutover announced the final close of its $35 million Series B, adding Partnership Fund for New York City, Outrun Ventures and angel investors Cris Conde, Gokul Rajaram and Andy Brown to the round led by Eldridge with follow-on from Index Ventures, Sussex Place Ventures and Contour Ventures.

$35M source ↗

Mar 2021
Cutover announces $35M Series B led by Eldridge

Cutover announced a $35 million Series B financing round led by Eldridge, alongside existing investors Index Ventures, Sussex Place Ventures and Contour Ventures. The company said revenues had doubled and that it had almost tripled its workforce in 2020, and planned to expand into new verticals and double investment in engineering and product.

$35M source ↗

Mar 2021
AWS Advanced Technology Partner and ISV

Cutover is an Advanced Technology Partner and Independent Software Vendor to AWS, and works with a partner ecosystem including Deloitte, Accenture and CSTechnology.

source ↗

Jan 2020
Listed in Deloitte UK Fast 50

Cutover was listed in Deloitte's 2020 UK Fast 50 fastest-growing technology companies.

source ↗

Nov 2019
Cutover raises $17M Series A led by Index Ventures

Cutover raised $17 million in a Series A round led by Index Ventures, with participation from Barclays Bank, Sussex Place Ventures, Contour Ventures, Partnership Fund for New York and Outrun Ventures.

$17M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
CutoverNo. 09805139 · inc. Oct 2015 · active

Companies House · registry record

View on Companies House ↗
Registered name
CUTOVER LIMITED
Company number
09805139
Status
Active
Company type
Private limited company
Incorporated
2 Oct 2015
Registered office
Second Floor, 3 Liverpool Gardens, Worthing, West Sussex, BN11 1TF
Nature of business (SIC)
99999 — Dormant Company
Accounts
last made up to 31 Oct 2025 · next due 31 Jul 2027
Confirmation statement
last made up to 1 Oct 2025 · next due 15 Oct 2026

Current officers · 1

  • Ky Perry Nichol — director, appointed 2 Oct 2015

Source: Companies House public register · retrieved 24 Jul 2026. Contains public sector information licensed under the Open Government Licence v3.0.

In the news

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Cutover do?
Cutover is an enterprise platform for automated runbooks that orchestrate IT disaster recovery, incident response and cloud migration.
Who founded Cutover?
Cutover was founded by Ky Nichol in 2013.
Who are Cutover's investors?
Cutover's investors include Contour Venture Partners, Index Ventures, Outrun Ventures, Sussex Place Ventures, Techstars, Eldridge, SparkLabs Global Ventures.
How much funding has Cutover raised?
Cutover has disclosed $52M raised across 2 rounds.
Where is Cutover headquartered?
Cutover is headquartered in London, GB.