What is it?
Pump is an innovative platform designed to significantly reduce costs for Amazon Web Services (AWS) users. It utilizes a unique combination of group buying strategies and proprietary AI algorithms to offer savings. This service is particularly tailored for startups and companies with AWS expenses ranging from $1,000 to $100,000 per month, enabling them to save up to 60% on their cloud costs.
How It Works
Pump operates by combining the power of group buying with advanced AI. This method allows startups and other businesses to access discounts typically reserved for larger companies. The process involves estimating potential savings, obtaining necessary permissions from users, and then applying AI-driven strategies to optimize AWS costs. Pump's revenue model is based on a small percentage derived from volume tier discounts achieved through group buying, ensuring that the service remains free for its users.
Use Cases
Pump is an ideal solution for startup founders, engineering teams, and finance departments struggling with high AWS costs. It automates the process of forecasting and optimizing cloud expenses, thus saving time and effort for these teams. The platform's ease of use and significant cost savings make it a valuable tool for a wide range of businesses, especially those in the tech and startup sectors.
Products
Pump's main offering is its AWS cost optimization service. This includes features like Autopilot Reserved Instances, Autopilot Savings Plans, group discounts, and support for unlimited AWS accounts and users. The platform also provides 24x7 Slack support, monthly bill reviews, and a 60-day cancellation policy with a money-back guarantee in the form of AWS credits.
Accessibility and Developer Options
The platform is designed for easy onboarding, with a straightforward three-step process. It requires only billing level permissions, ensuring high security and no access to the actual AWS account. The simplicity of the interface makes it accessible for non-technical users, while still offering robust options for developers and IT professionals.
Compatibility
Pump is specifically designed for AWS users, ensuring compatibility with various AWS services. It is a versatile tool that can be integrated into different AWS environments, catering to both small-scale startups and larger enterprises.
Community
Pump has garnered a community of over 200 innovative startups. The platform's effectiveness is reflected in its positive reviews and the high ratings from various professionals, including founders, engineers, and CTOs.
Company
Pump, backed by Y Combinator and part of the AWS partner network, is based in San Francisco, California. The company's mission is to make cloud spending more efficient and affordable for startups and small businesses, democratizing access to the same level of savings that larger companies enjoy.
