Pump.co
Pump.co, based in San Francisco, is a fintech company specializing in reducing AWS costs for startups through group buying and AI, offering up to 60% savings and a unique cost-free service model.
Company Profile of Pump.co
Pump.co, formerly known as Pump, is a San Francisco-based fintech company specializing in cost savings for early-stage startups. Located at 1 Otis Street, San Francisco, CA 94103, the company has a team size of 13 and operates in the fintech sub-industry. Pump.co is part of the Y Combinator's S22 batch and has garnered attention in regions such as the United States and Canada. The company employs a unique approach, utilizing group buying and AI to automate cost savings, offering up to 60% off AWS for early-stage startups.
Products of Pump.co
Pump.co offers a suite of services aimed at reducing costs for startups, most notably PumpGPT, designed to provide smarter AWS support. Their service offerings include Autopilot Reserved Instances, Autopilot Savings Plans, and group discount percentages. The company’s strategy allows startups to save on 12 AWS services, providing features such as AWS savings on Autopilot, unlimited AWS accounts and users, 24x7 Slack support, and monthly bill review. The company's noteworthy achievement includes providing 11x savings for a customer within the first month.
Pump.co Services
Pump.co offers a range of cloud cost-saving services tailored for early-stage startups. Their offerings include Autopilot Reserved Instances, Autopilot Savings Plans, and group discount percentages. The company enables savings on 12 AWS services by leveraging group buying and AI for automated cost optimization. Startups receive these services for free, paying only through a small percentage of the volume tier discount of the collective group buying spend. Additional benefits include 24x7 Slack support, monthly bill review, unlimited AWS accounts and users, and a money-back guarantee in the form of AWS credits.
Pump.co Featured by Forbes
Forbes has recognized Pump.co as the 'Costco of Cloud' for its innovative approach to cost-saving in cloud services. By employing a unique group buying model, Pump.co is able to offer significant discounts on AWS services without charging its startup customers. All revenue is generated from a small percentage of the volume tier discount of the collective buying spend, ensuring that cost-saving remains free for customers. This feature highlights Pump.co's standout ability to reduce AWS costs significantly through its automated and AI-driven solutions.
Pump.co and Y Combinator
Pump.co is a notable member of Y Combinator's S22 batch, an influential startup accelerator from which many successful technology companies have emerged. Being part of Y Combinator has provided Pump.co with a platform to scale its services and gain significant traction in the fintech and cloud services market. The association with Y Combinator adds credibility and exposure to the company’s innovative approach to reducing AWS costs for startups.
