Usage AI
Insurance for your cloud commitments.
Usage AI was founded in 2022, is headquartered in New York, United States, lists 11–50 employees, and has $9.0M in recorded funding across 2 rounds.
- Headquarters
- New York, New York
- Employees
- 11–50
- Founded
- 2022
- Business Model
- B2B
- Website
- usage.ai
- Total Funding
- $9.0M
- Last Round
- $9.0M Series ASep 2023
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 7 investors for this company. The full record is or through the API.
About
Usage AI is a cloud FinOps platform that helps engineering and finance teams save 30–50% on AWS, GCP, and Azure cloud spend through Insured Commitments and autonomous Autopilot optimization. Unlike traditional Reserved Instance tools, Usage AI absorbs commitment risk by providing cashback and cloud credit guarantees on any unused capacity, making it safe to commit aggressively without lock-in risk. The platform integrates at the billing layer in 15 minutes with no infrastructure changes required, and operates on a success-based pricing model where customers only pay a percentage of realized savings. Usage AI has managed over $1 billion in cloud spend for 300+ customers.
Summary
Usage AI is a Fintech company based in New York, United States, founded in 2022. It lists 11–50 employees. It has raised $9.0M in total across 2 rounds, most recently a $9.0M Series A round in Sep 2023. Investors include Amity Ventures, Justin Mateen and Ten Vc.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Sep 2023
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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