Pump

What is Pump?

Pump is a free tool designed to help startups cut down on cloud expenses. It does this by using group buying power and AI technology. Forbes even called it the “Costco for Cloud Compute”! Basically, Pump aims to slash your cloud costs by as much as 60% with its automated solutions. This means your finance and engineering teams can spend more time innovating and less time worrying about managing cloud bills.

The tool offers features like automatic AWS savings, smart AI support, and has helped over 200 startups see major cost reductions. Pump makes money by taking a small percentage from the volume discounts it gets from the large collective AWS spending. You don’t need contracts or credit cards on file, and you can cancel anytime. The service automatically sets up reserved instances and saving plans, supports unlimited accounts and users, and provides 24/7 support. Customers say Pump has delivered significant savings, often starting from the very first month.

So, in a nutshell, Pump is a free platform that helps startups save money on cloud expenses. It uses automated solutions and group buying to achieve big cost reductions without needing a lot of engineering effort.

Who created Pump?

Pump was created by Morgan Zysman, who also co-founded OlaClick. His company, Pump Billing, Inc., offers this free product. It uses group buying and AI to help startups that spend between $1,000 and $200,000 monthly on services like AWS or GCP save money on their cloud costs. The business model works by taking a small cut from the volume discounts achieved through the collective large AWS spend. All of Pump’s revenue comes from AWS. Pump’s main goal is to provide significant cost reductions easily, without requiring engineering input, so startups can focus on innovation instead of the hassle of managing cloud expenses.

What is Pump used for?

Here’s what Pump helps you do:

• Save big on costs without engineering hassle: You can achieve significant cost reductions effortlessly, no need to involve your engineering team.
• Smart cloud cost management: Experience easy cloud cost management that fits your startup’s financial goals.
• AWS Savings on Autopilot: Get automatic AWS savings without any engineering effort required.
• PumpGPT for smarter support: This advanced intelligence offers support that’s 100 times smarter, empowering startups to manage their cloud resources efficiently.
• Free AWS savings: Startups can enjoy substantial AWS cost reductions completely free, thanks to Pump’s group buying power and AI technology.
• 24/7 Support: Get help anytime you need it.
• Auto-reserved instances: Automatically set up reserved instances for better savings.
• Auto-saving plans: Benefit from automatic saving plans to improve financial efficiency.
• Unlimited accounts and users: Support for all your accounts and users.
• Automated AI savings on AWS: Let AI handle finding and applying the best savings for you.
• Autopilot Reserved Instances: Get reserved instances automatically.
• Monthly bill review: Keep an eye on your spending with a monthly bill review.
• Free cost savings for startups: Save money on cloud costs without spending anything upfront.
• Customer testimonials: See savings impact from over 200 startups.
• No Engineering Input needed: Achieve cost reductions without requiring any engineering effort.
• Free cost savings: Leverage group buying and AI technology for free cost savings.
• Cost optimization: Use auto-reserved instances for better cost optimization.
• Financial efficiency: Implement auto-saving plans for improved financial efficiency.
• Support for everyone: Unlimited accounts and users are supported by Pump.
• Assistance anytime: 24/7 support is available for any assistance.
• Cost monitoring: Keep track of costs with monthly bill reviews.
• Flexible cancellation: A 30-day cancel policy offers flexibility.
• Up to 60% savings: Reduce cloud costs by up to 60% using AI and group buying.
• Automated savings: AI automatically finds and applies the best savings for users.
• Seamless management: Ensure your cloud cost management is smooth and efficient.
• Big company discounts: Access discounts that were previously only available to large companies.
• Value from day one: Experience value from the first day, with 11x savings achieved in the first month.
• Autopilot instances and plans: Pump provides autopilot reserved instances and auto-saving plans.
• 24/7 support for all: Support multiple users and accounts with 24/7 assistance.
• Hassle-free savings: Enjoy hassle-free AWS savings without needing engineering involvement.
• Intelligent resource management: Use intelligent support with PumpGPT to manage cloud resources effectively.
• Substantial AWS savings for startups: Experience significant AWS cost reductions for your startup.

Who is Pump for?

Pump is ideal for:

• Startups
• Engineering Teams
• Finance teams
• Engineers

How to use Pump?

Using Pump effectively is straightforward. Just follow these steps:

1. Sign up for Pump: Start by registering for a free account on Pump’s website. You won’t need any credit cards or contracts.
2. Grant Permissions: First, allow Pump read-only access so it can show you potential savings. Then, grant write access to activate those savings. You’ll go through a simple KYB approval process.
3. Start Saving: Let Pump’s automated AI tool do the work. It finds and applies the best cost-saving opportunities, and you don’t need any engineering involvement.
4. Monitor Your Savings: Once you’ve received KYB approval, you can track your savings directly on Pump’s dashboard.
5. Utilize Group Buying: Take full advantage of Pump’s collective approach. The larger the group, the bigger the discounts everyone enjoys together.
6. Enjoy Cost Reductions: Experience substantial savings, up to 60%, on your monthly AWS or GCP spending. It’s similar to the savings major tech companies get.

By following these steps, you can use Pump’s innovative tool to optimize your cloud costs easily and efficiently. This lets you focus more on your core business activities.