Provides AI-driven cloud cost optimization tools that reduce AWS and GCP expenses by up to 50% through automated savings plans, reserved instance management, and real-time usage analysis. Eliminates financial inefficiencies caused by complex pricing models and static vendor commitments, offering flexible, contract-free subscriptions that require no technical implementation.
Funding
$2.3M raised to dateRaised 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.
Founders
Product
Problem
Companies often waste significant cloud spending due to complex pricing models and a lack of flexibility in vendor commitments. Traditional cloud accounting and FinOps practices demand significant engineering hours, while thousands of products and endless pricing programs can be confusing, leading to wasted expenses. On average, companies waste 30% or more on cloud spend because of financial mismanagement.
Solution
North provides an AI-driven FinOps dashboard that automates cloud cost savings and financial operations. The platform analyzes usage and purchasing data to identify optimal savings programs, including AWS Savings Plans, and provides AI-driven reserved instance savings suggestions. North offers flexible, contract-free subscriptions that require no technical implementation, enabling customers to achieve significant cost reductions without sacrificing on-demand flexibility. The platform integrates with real cloud usage and spend data, providing a 24/7 extension of AWS DevOps and FinOps teams.
Target Audience
The primary customers are enterprises seeking to optimize their cloud spending on AWS and GCP, including DevOps and FinOps teams.
Features
- AI-driven automation for AWS and GCP cost optimization
- Compute Saver: AWS compute optimization solution fully powered by AWS Savings Plans
- RI Saver: AI-driven reserved instance savings and suggestions for services like Elasticache, RDS, Sagemaker, Redshift, and Cloudfront
- NorthOps: All-in-one FinOps dashboard for cost alerting, chargeback, allocation, FinOps, GreenOps, and instance reshaping
- NorthGPT: AI integration for enhanced AWS management
- Automated savings plans and reserved instance management
- Real-time usage analysis
- Monthly flexibility with no long-term contracts