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Usage AI logo — Cloud cost optimization tools designed to maximize and insur...

Usage AI

Cloud cost optimization tools designed to maximize and insure your cloud investment.

Founded 2020 United States New York, United States 12 employees Series Unknown Total: $9.00M AI, IT +2

General Information

Company Name Usage AI
Founded Year 2020
Location United States New York, United States +1
Employees 12
Industries AI, IT, SaaS +1
Funding Stage Series Unknown
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About Usage AI

Usage AI, founded in 2020, is pioneering solutions in the AI and SaaS sectors. Headquartered in the United States, this startup specializes in cloud cost optimization with its platform designed to "maximize and insure your cloud investment." By offering automated savings and cost reporting tools compatible with AWS, GCP, Azure, and more, Usage AI provides organizations worldwide with the means to effectively control and reduce their cloud expenditures.

Recently, Usage AI secured a $9.00M Venture Round investment dated 12 September 2023. This round saw participation from notable investors such as Amity Ventures, JAM Fund, Backend Capital, and 10vc, underscoring strong investor confidence in their strategic capability to enhance cloud cost management. Targeting a blend of the AI, IT, and Machine Learning industries, Usage AI exemplifies a robust approach to solving a critical problem faced by businesses today.

Taxonomy: Cloud Cost Optimization, Cloud Investment, Automated Savings, Cost Reporting Tools, AWS, GCP, Azure, Usage AI, Optimization Platform, Cloud Expenditure Control, Reservations Management, Data-driven Savings, Cloud Expenditure Reduction, Cloud Service Management

Services & Products

Insured Commitments for Cloud Cost Reduction
Automated Cloud Savings on AWS, GCP, and Azure
Cloud Usage AI

Target Customers

High-Growth Companies Enterprise Businesses Cloud Infrastructure Managers CTOs and IT Heads Fintech Companies

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 4
Investor Investor Investor Investor
12 Sep 2023
Seed Round •••••• 4
Investor Investor
•••• •••• 		18 Mar 2021

Usage AI Alternatives & Competitors

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Usage AI vs
Maxspotter
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Usage AI vs
CloudYali
CloudYali India

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Usage AI vs
ProsperOps
ProsperOps United States

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FAQ About Usage AI

Cloud cost optimization tools designed to maximize and insure your cloud investment.
Usage AI was founded in 2020.
Usage AI is headquartered in New York, United States.
Usage AI operates in the following industries: AI, IT, SaaS, Machine Learning.
Usage AI has approximately 12 employees.
Usage AI has completed 2 funding rounds, raising a total of $9.00M. The latest funding stage is Series Unknown.
Usage AI offers: Insured Commitments for Cloud Cost Reduction, Automated Cloud Savings on AWS, GCP, and Azure, Cloud Usage AI.
Top alternatives and competitors to Usage AI include Maxspotter, CloudYali, ProsperOps, CloudHiro, Cloudthread. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Usage AI and Maxspotter are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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