Archera

Archera is a cloud cost optimization company that offers a new way to reduce unpredictable cloud costs through innovative commitment management solutions. Founded in 2019 by brothers Aran Khanna (CEO) and Nikhil Khanna (CTO), the company emerged from recognizing a critical challenge in the cloud industry: the risks associated with long-term financial commitments often deter organizations from adopting the latest cloud technologies.

The company provides a free multi-cloud commitment management platform that helps organizations reduce their cloud spending by up to 45% through intelligent commitment management. Archera's unique offering includes Insured Commitments that allow companies to lock in savings plans, reservations, and committed-use discounts for terms as short as 30 days instead of traditional 1-3 year commitments. With over 1,000 customers and $3.4B+ yearly spend under management, Archera supports AWS, Azure, and Google Cloud environments. The company also offers an AI-powered savings analysis tool called Architect that lets teams upload cloud invoices and instantly uncover missed savings opportunities.