Pump.co
Group buying & AI for cloud optimisation
- 21-100 employees
- B2B
- Artificial Intelligence
- SaaS
- Cloud Computing
- Civic Center, San Francisco, CA
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Company mission
To democratise cloud savings for early-stage startups by leveraging group buying and AI to provide significant discounts on Amazon Web Services (AWS) and Google Cloud Platform (GCP).
Our take
Research from Gartner suggests that cloud spending will reach $600 billion by 2026, following the trend of companies migrating their software capacity online. Overheads are higher than ever for new tech companies using the cloud, and Pump is here to help save money for early-stage startups.
Described as the “Costco of computing”, Pump.co tackles the high prices of AWS by developing software that helps early-stage startups save up to 60% on the platform. Utilising AI and automation technology, using Pump means companies can group buy their AWS software. This could help accelerate the growth of early-stage companies by slashing cloud and data costs exponentially.
Spun out of the Y Combinator, the early-stage start-up has already attracted investment from the Japanese firm DG Daiwa Ventures, indicating the massive potential for the company’s cost-saving tech. With this momentum behind it, Pump could be a lifesaver for early-stage online companies.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Competitive salary aligned with local market standards
- Performance-based bonuses
- Company equity options
- Comprehensive healthcare coverage
- Unlimited paid time off (with manager approval)
- Quarterly team retreats and offsites
- Flexible work arrangements, including hybrid/remote options where applicable
Funding (2 rounds)
Mar 2023
$4m
SEED
Sep 2022
$0.2m
SEED
Total funding: $4.2m
This company has top investors
Leadership
Spandana Naka
(Founder & CEO)Previously Co-Founder & CEO at Sleek and was a Product Manager at Google. Studied at Engineering Management at Stanford University.