De-risking cloud purchasing and cost management
Archera’s free management platform and unique commitment insurance and financing products bring flexibility, control, and automation to the process of buying public cloud resources, enabling you to reduce the risk of overcommitment while optimizing your costs.
Our story
As part of the team launching Amazon’s managed services for AI and Deep Learning, our CEO, Aran Khanna, noticed a recurring challenge among large customers: The risks associated with making long-term financial commitments to secure discounts on uncertain resource usage, such as GPU machines for AI, often deterred organizations from adopting the latest and greatest cloud technologies. Customers often delayed innovation rather than accept the inflexible one and three-year terms of Savings Plans and Reserved Instances discounts.
Teaming with his brother, Nikhil Khanna, our CTO and a former quantitative trader at D.E. Shaw, they founded Archera to create new ways to buy cloud services with lower risk through a free tool that brings cost transparency and automation to cloud purchasing — helping customers of all sizes take full advantage of cloud discounts and rate optimization.
Archera makes purchasing cloud resources transparent and easy, lowering your risks and costs
500+
customers
$45M+
commitment value insured
$3.4B+
yearly spend under management