Pump.co

Pump operates a cloud management platform that helps engineering and finance teams reduce and monitor spend on AWS, Google Cloud and Microsoft Azure. The platform is organized into several modules: Pump Save, which automatically applies commitment-based pricing such as savings plans as customer usage fluctuates; Pump View, which breaks down and forecasts cloud costs; and Pump Secure, which scans cloud environments against compliance frameworks with remediation steps and continuous monitoring. A further module, Pump Intelligence, is described as an always-on AI site reliability function for incident response and is listed as coming soon.

Onboarding is self-service: customers connect an AWS, GCP or Azure account, grant read-only permissions (or upload a CSV), and receive an estimate of available savings. The company states it manages more than $1.05 billion in cloud spend for its customers and that users see average cloud savings of roughly 30%. Customer testimonials on the company site come from engineering and security leaders at Usergems, Heo and Salesforge.

Business model

Pump is offered to customers at no cost. According to the company, cloud providers compensate Pump for managing billing complexity and retaining customers, so end users pay nothing for the platform, with no contracts, credit cards or cancellation fees.

Revenue is derived from cloud providers rather than users; the company states that providers pay Pump to handle billing complexity and customer retention while the platform is free to the teams that use it.

Traction

The company reports more than $1,057,866,684 in cloud spend managed for customers across AWS, GCP and Azure and average savings of about 30% for its users, with named customers including Usergems, Heo and Salesforge.