Archera (Series B)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
July 25, 2024
Vertical
Cloud Computing
Valuation
$27,500,000
Funding Amount
$17,000,000
Company Info
Founding Year
2019
Traction
Archera has around 400 customers and is making $7 million in annual revenue, with plans to more than double this year. They are net profitable since mid-2023.
Revenue Amount
$7,000,000
Organizations Involved
Relm
Founders
Aran Khanna, Nikhil Khanna
Market
Cloud Cost Management
Location
Bellevue, WA, US
Coinvestors
Highsage Ventures, Ridge Ventures, Amplify Partners, PSL Ventures
Company Description

Archera provides a cloud cost optimization solution for companies to save time and money on their cloud costs, without any risk.