Costory provides an AI-powered platform that automates cloud cost reporting and analysis across multiple providers, including AWS, GCP, and Azure, delivering insights directly to teams via Slack or email. By translating complex billing data into understandable metrics, Costory enables finance and engineering teams to track spending, forecast budgets, and foster a culture of cost-consciousness.
Funding
Funding not disclosed
Founders
Product
Problem
Many companies struggle with understanding and managing their cloud spending across multiple providers like AWS, GCP, and Azure. Manually collecting and analyzing billing data is time-consuming, provides only a high-level view, and often requires specialized expertise, hindering effective cost optimization.
Solution
Costory is an AI-powered FinOps platform that automates cloud cost reporting and analysis, delivering actionable insights to both finance and engineering teams. By connecting to cloud provider billing data, Costory translates complex information into understandable metrics and visualizations, enabling users to track spending trends, forecast budgets, and identify cost-saving opportunities. The platform integrates with tools like Slack and email to deliver instant insights and facilitate collaboration, fostering a culture of cost-consciousness throughout the organization. Costory also allows users to correlate cloud spend with business metrics, providing a comprehensive view of the relationship between technology investments and business growth.
Target Audience
Costory is designed for finance and engineering teams in tech companies who need to understand, manage, and optimize their cloud spending across multiple providers.
Features
- Automated cloud cost reporting across AWS, GCP, Azure, MongoDB, and Datadog
- AI-powered digests delivered via Slack or email, highlighting key spending changes and providing context
- Multi-cloud cost exploration with group-by and filter capabilities for detecting spend variations
- Cost waterfall visualizations to understand the contribution factors of cost changes
- Budgeting and forecasting tools to help teams stay within their annual budget
- Native GitHub integration to annotate cost reports with code releases
- Ability to create dimensions to associate billing data with business purposes