# Archera

> Archera is a Bellevue, Washington FinOps company that turns long-term cloud commitments into short, insured ones. Its free multi-cloud platform gives teams cost visibility, forecasting, and purchasing recommendations across AWS, Azure, and Google Cloud, then layers on its signature Insured Commitments - reserved instances and savings plans wrapped with a money-back guarantee and terms as short as 30 days. The result is commitment-level discounts of roughly 30-40% without the multi-year lock-in. Founded in 2019 by brothers Aran and Nikhil Khanna, Archera manages over $3.4B in annual cloud spend for more than 1,000 customers.

- **Founded:** 2019
- **Headquarters:** Bellevue, Washington, United States
- **Founders:** Aran Khanna (Co-Founder & CEO), Nikhil Khanna (Co-Founder & CTO)
- **Team size:** Approximately 59 employees
- **Products:** FinOps Platform (free), Insured Commitments, Guaranteed Reserved Instances (GRIs), Guaranteed Savings Plans (GSPs), Advanced Reporting
- **Notable:** Raised $17M Series B in 2024, bringing total funding to roughly $27.5M, Secured $100M+ in reinsurance and lending capacity to back insured cloud commitments, Surpassed 1,000 customers and $3.4B+ in annual cloud spend under management

## Products & services

- **FinOps Platform (free)** — A free multi-cloud platform spanning AWS, Azure, and Google Cloud that delivers cost visibility, usage and cost forecasting, scenario planning, automated assessments, and intelligent purchasing recommendations.
- **Insured Commitments** — Reserved Instances, Savings Plans, and Committed Use Discounts wrapped with a money-back guarantee, available on terms as short as 30 days. Customers capture commitment-level savings (roughly 30-40%) without long-term lock-in.
- **Guaranteed Reserved Instances (GRIs)** — Short-term, flexible alternatives to standard AWS Reserved Instances offering 30-day guaranteed terms.
- **Guaranteed Savings Plans (GSPs)** — Flexible alternatives to native Savings Plans that let teams reach higher coverage and savings without 1- or 3-year commitments.
- **Advanced Reporting** — Multi-cloud unit-cost analysis and spend reporting for finance and engineering teams.

## Achievements

- Raised $17M Series B in 2024, bringing total funding to roughly $27.5M
- Secured $100M+ in reinsurance and lending capacity to back insured cloud commitments
- Surpassed 1,000 customers and $3.4B+ in annual cloud spend under management
- Pioneered 30-day Guaranteed Reserved Instances and Guaranteed Savings Plans
- Achieved SOC 2 Type II and ISO/IEC 27001:2022 certifications
- Recognized as an AWS Advanced Partner with AWS Qualified Software status

## Latest updates

- **2024-05** — Closed $17M Series B led by HighSage Ventures, alongside $100M+ in reinsurance and lending capacity to scale insured cloud commitments.
- **2024-06** — Public launch of Series B news and expansion of insured commitment products across AWS and Azure.

## Links

- Website: https://archera.ai
- LinkedIn: https://www.linkedin.com/company/archera-ai
- Twitter/X: https://twitter.com/ArcheraAi
- Facebook: https://facebook.com/archeraai/

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Profile page: https://yespress.io/archera
Published by YesPress — https://yespress.io
Last updated: 2026-06-16