Company overview

Archera is a free Cloud Management Platform SaaS platform for AWS, Microsoft Azure, and Google Cloud that enables organizations to plan, purchase, and manage commitments to save on their cloud spend. Archera helps you:💸 Save immediately with free commitment management across all reservable services and FinOps visibility.🔓 Access Guaranteed Cloud Commitments to save flexibly and de-risk any usage that may continue for less than a year.🚀 Build and operationalize your long-term multicloud purchasing strategy with sophisticated scenario modeling and private pricing negotiation acceleration capabilities.Top Rated Features:• Commitments with an Insurance Backed Guarantee – Archera introduced the first cloud commitments with a money-back guarantee guarantee, enabling terms as short as 30 days while protecting customers from penalties on unused commitments. In addition, Archera also provides risk protection of the shortfall of the commitment for enterprise level multi-year commitments such as EDPs/PPAs and MACCs.• Cross-Cloud Coverage – Supports Amazon Web Services (AWS) and Microsoft Azure, with Google Cloud Provider in beta.• Streamlined Commitment Purchasing – Provides a free single platform to automatically purchase both native cloud and Archera insured commitments.• Visibility and Reporting – Offers free detailed insights into infrastructure, commitment usage, costs, and savings.• Automated Management of Commitments – Users can set free renewal policies to automatically extend expiring commitments, reducing the manual labor of tracking individual contracts and ensuring savings are not missed.• Tracking – Includes tools to track usage of credits and spend relative to enterprise agreement commitments (EDPs/PPAs/MACC).• Scenario Forecasting – Build models of future spend, model out different business events such as short term projects, scale down machines, and overlay commitments
Founded in 2019
Bellevue, Washington, USA
46 employees (5 in marketing)
100% recommend to a friend
100% positive business outlook

Salaries

Typical salary range

$25 – $30

HOUR

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People

Headcount trend

Company growth over the last 12 months

Headcount +15% year over year

Funding

Total funding

$39.4M

Last raise

$17M

Series B, 2 years ago

Funding history

Jul 2024

Series B Archera · $17M

Jun 2024

Series B Archera · $12.1M

Sep 2021

Series A Archera · $7M

Mar 2020

Seed Round Archera · $3.3M

Audience

Monthly website visitors
22.4K
Month over month+184.8%
Quarter over quarter+248%
Top sourceDirect (65.6%)
Ad budget per month$56.5K
Average search rank42.5
Traffic source mix
Direct
65.6%
Search
22.2%
Referral
5.9%
Social
5%
Paid referral
0.9%

LinkedIn followers

Follower count and growth

Total followers

11K

12-mo growth

+423%

Monthly growth

+4.6%

News

Links