Pump aggregates cloud compute demand across its customer base to negotiate group-buying discounts on AWS Reserved Instances and Savings Plans. Individual companies rarely have enough purchasing volume to access the deepest discount tiers, but by pooling demand across hundreds of organizations, Pump unlocks pricing typically reserved for the largest AWS customers. The AI engine optimizes each customer's commitment portfolio within the group purchase.
The platform automates commitment management including analyzing usage patterns, selecting optimal commitment types and terms, managing expiring reservations, and adjusting coverage as workloads change. Customers connect their AWS accounts and the platform handles the complexity of discount optimization without requiring changes to applications or infrastructure.
As a YC alumnus, Pump has gained traction among startups and mid-market companies where cloud costs are a significant budget concern. The platform claims up to 60% savings on compute costs, with a pricing model based on a share of the savings generated. This aligns incentives so Pump only earns when customers save money.