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About Antimetal
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
11-50
Company Stage
Series A
Total Funding
$24.3M
Headquarters
New York City, New York
Founded
2022
Overview
Antimetal uses artificial intelligence to help businesses reduce AWS cloud costs automatically. It analyzes spending patterns and can execute actions like optimizing instances and trading reserved instances with minimal user effort. The platform targets organizations spending over $1 million on AWS and offers tiered plans, including a free option for startups, financed by subscriptions plus a risk and credit model. Its goal is to help companies cut cloud spend safely so they can focus on their core activities.
Simplify's Take
What believers are saying
- Series A funding enables expansion beyond AWS to Google Cloud and Microsoft Azure platforms.
- Infrastructure automation beta reduces incident rates and engineering maintenance burden for DevOps teams.
- AWS Marketplace listing streamlines enterprise procurement and integration for Fortune 500 customers.
What critics are saying
- AWS native AI cost optimization in Bedrock directly replicates Antimetal's core analysis capabilities.
- ProsperOps captures enterprise customers with more aggressive Reserved Instance automation and higher savings.
- Security breach in read-access credentials exposes customer spend data, triggering enterprise churn.
What makes Antimetal unique
- AI Autopilot automatically buys and sells AWS instances three times faster than AWS Marketplace.
- Unified platform combines cost optimization, infrastructure automation, and financial forecasting in one solution.
- Group discounts pool customer spend to unlock enterprise-level AWS pricing for smaller companies.
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Funding
Total Funding
$24.3M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Monthly Fitness Stipend
Commuter Benefits
Company Equity
Growth & Insights and Company News
6 month growth
↓ -13%1 year growth
↓ -5%2 year growth
↓ -13%Antimetal has raised $20 million in a Series A round led by Sound Ventures to address infrastructure complexity. The company launched a beta platform to automate infrastructure management, allowing engineers to focus on building rather than maintenance. The platform adapts to team behaviors, automating workflows and reducing incidents. Other investors include Buckley Ventures, Nat Friedman, and founders from Digital Ocean, Box, and Dropbox. Early access is available, with a general release planned later.
Antimetal, a NYC-based provider of an infrastructure management automation platform, raised $20M in Series A funding.
Antimetal, an AI-powered automated cloud infrastructure monitoring and management platform, has raised $20M in Series A funding led by Sound Ventures.
Earlier this week, AntiMetal launched its AI-powered cloud cost optimization platform on the Polygon blockchain.
Antimetal, a New York-based provider of a cloud cost optimization platform, raised $4.3M in Seed funding
Antimetal is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Antimetal
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
11-50
Company Stage
Series A
Total Funding
$24.3M
Headquarters
New York City, New York
Founded
2022
Antimetal is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today