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Pump launched on Y Combinator's "Launch YC" today.
Pump is the fastest way to to save up to 60% on your AWS bills with zero engineering effort and financial risk.
Founded by Spandana Nakka. At their previous startup, they got a whopping $800k bill one month and what they found even more shocking was how long it took them to figure out where things went wrong. Having worked at AWS previously and with the recent advancement in AI - they decided to plunge into cloud cost savings with AI!
Pump saves up to 60% off AWS compute spend without any engineering effort or financial risk to you. Using AI, they mirror your AWS commitments to your AWS consumption in real time, thus saving costs. Additionally, they apply a group buying volume discount to all customers in their free collective.
Pump’s AI continuously optimizes AWS discount commitments, Pump's customers get the best price without needing to constantly monitor and adjust their AWS usage. Pump's optimization algorithms identify which hourly commitments are most cost-effective for your specific usage patterns, so you never pay for more than you need. Additionally, Pump offers a group volume tier discount, similar to Groupon, based on combined usage across all of their customers.
Just 3 clicks to start saving and a fully self serve experience that doesn’t force you to talk to a human (unless you want to?)
Pump monetizes through a small percentage from the volume discounts of the collective large spend achieved. 100% of revenue comes from AWS. The Pump team believes saving costs should not be a cost in itself for their customers.
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