Usage.ai Flex Insured Commitments

Organization
Usage AI · United States
Solution Type
Platform
Collaboration
Licensing
Usage.ai Flex Insured Commitments

1. Technology overview

Usage AI is a New York-based cloud cost optimization company serving engineering and finance teams. It addresses the risk and effort of buying multi-year discount commitments on AWS, Azure and Google Cloud, which leave many companies paying on-demand prices.

The platform analyzes billing and usage data with read-only access, identifies eligible Savings Plans, Reserved Instances and Committed Use Discounts, and buys them in the customer's own cloud account. Autopilot purchases within approved controls, Copilot lets the customer approve each purchase, and FlexCadence spreads buying over time. Flex Insured Commitments add cashback protection that offsets qualifying underutilization. The site states over USD 1 billion in managed cloud spend and 300+ companies, including Truveris, CoinDesk, Secureframe, FabFitFun and Motive.

2. Highlighted features & specifications

  • Multi-cloud commitments: Covers AWS Savings Plans and RIs, Azure Savings Plans and Google Cloud CUDs.
  • Autopilot: Buys eligible commitments automatically within approved controls.
  • Copilot: Shows recommendations and projected savings for manual approval.
  • FlexCadence: Spreads purchases over time to follow changing demand.
  • Cashback protection: Offsets qualifying underutilization as cash, credits or billing adjustment.
  • Savings calculator: Estimates AWS savings from an invoice PDF or Cost Explorer CSV without account access.

3. Potential application

A Vietnamese SaaS startup on AWS can raise discount coverage without locking into three-year terms. A retailer running on Azure and Google Cloud can manage commitments across both clouds from one dashboard. A finance team can estimate potential savings from an AWS invoice before granting account access.

4. Benefits

The site reports USD 300 million+ saved for customers and USD 1 million in projected annual AWS savings for FabFitFun. Cashback protection lowers the risk of buying commitments that later go unused. The fee is a share of new savings only, with no upfront platform fee or subscription, so customers pay nothing if no new savings are generated. Commitments stay in the customer's account and the platform cannot modify production resources.

6. Other information

Headquartered at 725 5th Ave, New York. The May 2026 press release states SOC 2 Type II compliance and a goal of cutting AWS, Azure and GCP spend by 30-50%. CEO is Kaveh Khorram. Founded year and funding are not disclosed on the fetched pages.

Not ready to connect yet?

Save this solution and come back when you are ready to talk to the provider

Trusted by Our Partners

TechFest VietnamIOM – UN MigrationGIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit)APED – Cục Phát triển doanh nghiệp tư nhân và kinh tế tập thểSIHUB – Startup and Innovation Hub of Ho Chi Minh CityHợp tác Đức (Deutsche Zusammenarbeit)SCE & Investment PromotionStartup Vietnam Foundation (SVF)National Startup Support Center (NSSC)01BoosterQuest VenturesBộ Tài chính (Ministry of Finance)ITPC – HCMC Investment and Trade Promotion CentreJICA – Japan International Cooperation AgencyNational Innovation Center (NIC)UK GovernmentBCG – Boston Consulting GroupHAWEEHeineken VietnamTalentnetMB BankVIREA – Liên chi hội Bất động sản Công nghiệp Việt NamJobTestGlobal Supply Chain Support Fund / Aavishkaar CapitalKDANPSE / JPS – Phúc Sang MinhG-AsiaPacificBlueScopeLPBankUlsan Center for Creative Economy & InnovationĐại học Bách khoa Hà Nội – Trường Điện - Điện tửVINK – Vietnam Innovation Network in KoreaTencent WeStart (Shenzhen)Ulsan CollegeK-StartupFaslinkShinhan Future's LabShinhan SecuritiesShinhan FinanceShinhan BankShinhan Life

Start with the right connection

We make innovation easy to access for every business everywhere. The next deal is you.

Contact Us