Usage AI

Insurance for your cloud commitments.

New York, United States · Founded 2022 · $9.0M raised

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

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 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

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Funding History

Series ASeries ASep 2023
$9.0M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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