Company Name: Usage.AI
Business Focus: Identifying cloud savings
Funding Details: Usage.AI raised $9m in funding.
Purpose of Funding: The company aims to use the funds to expand its product roadmap and introduce new features and products.
Background: Under the leadership of its founder and CEO, Kaveh Khorram, Usage.AI has established itself as a significant player in providing cloud savings solutions.
About Company: Usage.AI offers a comprehensive platform specifically designed to optimize cloud savings. The platform encompasses various modules that cater to a client's compute and database services. This consolidated approach allows organizations to streamline their cloud savings operations, relying solely on a native cloud solution. One of the notable features of Usage.AI is its capability to perform an exhaustive scan of every tier of a client’s cloud setup, ensuring full transparency. The company's proprietary software, Autopilot, plays a pivotal role in detecting savings opportunities and seamlessly implementing them without the need for code modifications, disruptions, or risks.
Currently, Usage.AI boasts a client list of over 300 global enterprises. Some notable names include Deel, Zumba, EVGo, FabFitFun, Secureframe, and Motive.