# UsageAI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/usageai

- Industry: Software
- Headquarters: New York, US
- Website: www.usage.ai
- Total disclosed funding: $8.8M
- Latest round: Seed (Aug 30, 2023)
- Investors on record: 4

## About

Based in New York, US, UsageAI, Inc. helps companies reduce their AWS bills. Kaveh Khorram is the founder and CEO of the company. In March 2021, Usage AI raised Seed funding from investors.

The company provides a platform that empowers companies to reduce their monthly cloud expenditure. The firm offers a central dashboard for companies to register and view automated cost-saving recommendations that allows companies to view, modify, and apply savings across their entire cloud portfolio. Usage AI's Autopilot automatically apply all the current savings recommendations on its dashboard and all future recommendations.

## Funding rounds

- Seed, Aug 30, 2023, $8.8M — Amity Ventures, Backend Capital, Jam Fund, 10vc

## Investors

- Amity Ventures (https://capitalatlas.ai/funds/amity-ventures) — Seed
- Backend Capital (https://capitalatlas.ai/funds/backend-capital) — Seed
- Jam Fund (https://capitalatlas.ai/funds/jam-fund) — Seed
- 10vc (https://capitalatlas.ai/funds/10vc) — Seed