Pump is an AI-powered platform for cloud cost optimization, founded in 2022 and based in San Francisco. The company helps businesses reduce spending on AWS, Google Cloud, and Microsoft Azure through automated identification and implementation of savings via Reserved Instances and Savings Plans. Its approach requires zero engineering effort from customers and leverages group buying power to secure collective discounts, reportedly reducing cloud spending by up to 60%.
The company operates in the cloud services and FinOps sectors, with technical work spanning AI algorithms and cost optimization. Pump holds AWS Advanced Tier Partner status, a designation held by fewer than 1,000 companies worldwide, and was featured on the Forbes AI 50 list. It is backed by Y Combinator and has relocated its headquarters within San Francisco's Mid-Market area as it grows.
Pump's operating model has been compared to that of Costco, offering enterprise-level pricing discounts to startups at no cost. The company's core product, the Pump Platform, automatically applies savings strategies across customers' cloud accounts, positioning it at the intersection of AI infrastructure and financial operations.
