About Archera
Archera is a company based in Bellevue (United States) founded in 2019. Archera has raised $27.43 million across 4 funding rounds from investors including HighSage, Ridge Ventures and Amplify Partners. Archera offers products and services including Insured Commitments, AWS PPA Insurance, and Advanced Reporting. Archera operates in a competitive market with competitors including Apptio, Flexera, Anodot, BetterCloud and Spot, among others.
- Headquarter Bellevue, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$27.43 M (USD)
in 4 rounds
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Latest Funding Round
$17 M (USD), Series B
May 20, 2024
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Investors
HighSage
& 7 more
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Employee Count
Not available
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Products & Services of Archera
Archera offers a comprehensive portfolio of products and services, including Insured Commitments, AWS PPA Insurance, and Advanced Reporting.
Delivers savings on short-term cloud usage with flexible terms.
Enables confident commitments to enterprise pricing agreements.
Analyzes multicloud unit costs for better decision-making.
People of Archera
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Funding Insights of Archera
Archera has successfully raised a total of $27.43M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $17 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Archera
Archera has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include HighSage, Ridge Ventures and Amplify Partners.
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Venture capital firm investing in multiple sectors
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Investments in seed to Series A stage companies are targeted.
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Technical founders are supported through early-stage venture capital investments.
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Investor details for Archera
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Investments & Acquisitions by Archera
Investment portfolio details for Archera
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Financial Statements - Archera
Detailed financials for Archera
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Archera Comparisons
Peer comparison for Archera
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Competitors of Archera
Archera operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Apptio, Flexera, Anodot, BetterCloud and Spot, among others.
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Cloud spending is managed for enterprises through a specialized platform.
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Cloud management solutions are delivered via an online IT platform.
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AI based cost management platform
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SaaS applications management and security solutions are provided by BetterCloud.
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Cloud spend management software is offered by Spot's platform.
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SaaS management platform is provided for procurement and IT teams.
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Detailed competitors of Archera
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Latest news on Archera
Complete news archive for Archera
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Frequently Asked Questions about Archera
Archera was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Archera is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Archera is a funded company, having raised a total of $27.43M across 4 funding rounds to date.
Archera was founded in 2019 and is headquartered in Bellevue, United States. Cloud computing software focused on continuous risk management is developed. User cloud resources are automatically managed and de-risked through AI tools. Offerings include cloud native solutions, automated tagging, and attribution processes. Additional features encompass commitment management, smart alerts, and root cause identification for operational efficiency in cloud environments.
Archera offers Insured Commitments, AWS PPA Insurance, and Advanced Reporting.
Archera has 8 investors. Key investors include HighSage, Ridge Ventures, Amplify Partners, Pioneer Square Labs, and Relm Insurance.