For organizations that need to operate effectively in a dynamically changing cloud environment, Archera (formerly Reserved.ai) is a Cloud Resource Automation Solution that actively manages and de-risks your cloud resources through building forecasts, identifying and automatically executing optimal commitment plans, continuously monitoring these resources, and protecting them with guaranteed buybacks.
Location: United States, Washington, Bellevue
Employees: 11-50
Total raised: $24M
Founded date: 2019
Investors 2
| Date | Name | Website |
| 19.02.2022 | Amplify Pa... | amplifypar... |
| 16.02.2022 | Ridge Vent... | ridge.vc |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 25.07.2024 | - | $17M | - |
| 01.10.2021 | Series A | $7M | - |
Mentions in press and media 9
| Date | Title | Description |
| 25.07.2024 | Archera raises $17M for cloud insurance and financing suite | Archera closed a $17 million Series B round accompanied by access to over $100 million in reinsurance capacity. This empowers the company to pioneer insurance and financing solutions that enable flexible and cost-effective cloud resource pr... |
| 21.01.2022 | Why enterprises need to take control of their cloud costs [Q&A] | Modern businesses are more than ever reliant on using the cloud, but it's easy to develop an 'out of sight out of mind' mentality to costs when systems are not hosted on site. We spoke to Archera CEO Aran Khanna to find out about the challe... |
| 18.01.2022 | 5 considerations for saving more and wasting less on cloud services | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! This article was contributed by Aran Khanna, CEO ... |
| 18.01.2022 | 5 considerations for saving more and wasting less on cloud services | Did you miss a session from the Future of Work Summit? Head over to our Future of Work Summit on-demand library to stream. This article was contributed by Aran Khanna, CEO of Archera Anyone managing their team’s cloud services faces the gar... |
| 29.09.2021 | Archera Closes $7 Million In Funding To Help Enterprises Optimize Cloud Resources And Spend | Series A led by Amplify Partners and Ridge Ventures underscores demand for company’s leading Cloud Resource Automation platform; Company has already saved customers $80 million in cloud costs Archera announced it has raised a $7 million Ser... |
| 29.09.2021 | Can Warby Parker reach the vaunted $10 billion valuation? | It’s been a long time in the making. Eyeglasses retailer Warby Parker is coming into focus Wednesday on the public market after 11 years as a private business. This direct listing will matter: To an extent, it will serve as a bellwether for... |
| 29.09.2021 | Can Warby Parker reach the vaunted $10 billion valuation? | It’s been a long time in the making. Paid Content How this values-driven firm finds opportunity in disruption From Erie Street Eyeglasses retailer Warby Parker is coming into focus Wednesday on the public market after 11 years as a private ... |
| 29.09.2021 | Archera Closes $7M Series A Funding Round | Archera (formerly Reserved.ai), a Seattle, WA-based Cloud Resource Automation platform provider, raised $7m in Series A funding. The round, which brings total funding to $10.3m, was co-led by Ridge Ventures and Amplify Partners with partici... |
| 29.09.2021 | Archera lands $7M to help AWS and Azure customers cut costs and optimize usage | Archera co-founders — and brothers — Aran Khanna (left) and Nikhil Khanna. (Archera Photos) Archera, a Seattle startup formerly known as Reserved.ai, announced a $7 million Series A funding round. Founded in 2019, Archera helps companies us... |