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Reserved.ai
AddedFeb 15, 2024
UpdatedJun 18, 2026
Reserved.ai

Reserved.ai

Series A

Archera: An IT company specializing in automated cloud cost optimization and financial software.

HQ
Bellevue, WA, US
Founded
2019
Overview
Compare
Fundraising
Employees
Website

Reserved.ai, now known as Archera, was founded with the mission to revolutionize cloud cost optimization through automation. The company focuses on providing advanced software solutions that automate the purchasing, renewing, and exchanging of EC2 Reserved Instances (RIs) and Convertible Reserved Instances (CRIs). Archera aims to help businesses manage their cloud expenses more efficiently, targeting organizations that heavily rely on cloud infrastructure for their operations.

Notable figures affiliated with Archera include key industry experts in cloud computing and financial technology. The company has attracted significant investment from leading venture capital firms, underscoring its potential and market relevance. Archera's achievements include the successful implementation of its software in numerous enterprises, resulting in substantial cost savings and improved financial management. The overall impact of Archera is seen in its ability to streamline cloud cost management, making it a valuable asset for businesses looking to optimize their cloud expenditures.

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Reserved.ai - Quick Facts

Who are Reserved.ai's competitors?

Companies similar to Reserved.ai include Usage AI, CloudAdmin.io, Compute Software and BlueArch.

When was Reserved.ai founded?

Reserved.ai was founded in 2019.

Where is Reserved.ai's headquarters located?

Reserved.ai's headquarters is located in Bellevue, WA, US.

When was Reserved.ai's last funding round?

Reserved.ai's most recent funding round was for $7M (USD) in September 2021.

How much has Reserved.ai raised to-date?

As of Sep 29, 2021, Reserved.ai has raised a total of $10.3M (USD).

How many employees does Reserved.ai have?

Reserved.ai has 20 employees as of Feb 5, 2024.

Reserved.ai - Classification

Ownership
  • Venture Capital
Technology
  • AI
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Cloud Cost Optimization
Tags
  • Cloud
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software