Archera
Archera is a free multicloud platform that helps organizations save up to 40% on AWS, Azure, and Google Cloud spend by buying and managing commitment discounts on compute, GPUs, and AI services. Its opt-in Guaranteed Commitments offer terms as short as 30 days with cash-back rebates if usage drops, backed by an AM Best A+ rated insurance carrier. The platform includes an AI assistant accessible via MCP from tools like Claude, Cursor, and Codex, plus a REST API for custom integrations.
- Enterprise Software
- Software Only
- Artificial Intelligence
- AI Agents
- Data & Analytics
Funding
Raised to date
$42.3MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
$34.1M across 3 disclosed rounds
HVPIPV$15M · Series C
Announced Oct 2026
Disclosed cumulative: $34.1M
Reported total $42.3M
Incomplete round history. $8.2M of the $42.3M reported total isn’t matched to a known round.
Founders
Product
Problem
Organizations face challenges in optimizing cloud costs on platforms like AWS, Azure, and Google Cloud due to the complexities of commitment-based discounts and the need for flexible purchasing strategies. Traditional cloud cost management often lacks visibility into cost allocation and requires significant manual effort to navigate various reservable service options, while native 1- or 3-year commitments lock users into rigid terms that penalize usage changes.
Solution
Archera provides a cloud management platform that enables organizations to optimize their AWS, Azure, and Google Cloud costs through short-term, insured savings plans and commitment management. The platform offers flexibility in cloud purchasing, allowing users to secure discounts associated with long-term commitments with reduced risk through terms as short as 30 days. Archera's platform provides enhanced visibility into cost allocation across all reservable services, facilitating strategic decision-making and efficient cloud resource utilization. The software is free to use, with revenue generated only when Guaranteed Commitments save users money, and the platform includes cash-back protection if usage drops below committed levels.
Target Audience
Archera's primary customers are organizations seeking to optimize their cloud spending on AWS, Azure, and Google Cloud, including IT finance teams, IT leadership, and DevOps professionals, as well as MSPs, resellers, SIs, ISVs, and consultants who deliver cloud savings to their own customers.
Features
- Guaranteed Commitments with terms from 30 days, backed by an AM Best A+ rated insurance carrier, offering better rates than native 1-year cloud commitments (e.g., 37% savings on AWS EC2 m7i.xlarge vs. 27% native)
- Cash-back rebates for underutilized commitments, with premiums billed monthly through cloud provider marketplaces
- Free platform covering planning, buying, and managing commitments across AWS, Azure, and Google Cloud with no fees based on spend or savings
- Cost and resource usage visualization by business segments with tools to attribute, track, and show back costs and savings from complex billing instruments
- Archera AI assistant accessible in-app or from Claude, Cursor, and Codex over MCP, plus a REST API for pulling savings, coverage, and plans into custom scripts
- CUDly, a free open-source CLI for laddering AWS Reserved Instances and Savings Plans with dry-run mode and duplicate-purchase checks
- Price catalog covering 50+ services including EC2, RDS, Lambda, SageMaker, Azure SQL, Cosmos DB, and BigQuery