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Internship

Business Development Intern

Posted on 7/23/2024

Antimetal

Antimetal

1-10 employees

AI platform for AWS cost optimization

Enterprise Software
Fintech
AI & Machine Learning
Financial Services

New York, NY, USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Communications
Requirements
  • Currently enrolled in a Bachelor’s degree in Business, Entrepreneurship, Finance, or a related field
  • Strong communication skills
  • High level of autonomy and independence
  • Detail oriented
  • Creative
  • Fast learner with the ability to adapt to ambiguity
Responsibilities
  • Work closely with the sales team to design, develop, and test new outbound sequences and lead sourcing strategies
  • Own a book of business and work with Account Executives, Head of Sales, and CEO to walk potential customers through the sales process

Antimetal helps businesses reduce their AWS cloud costs using artificial intelligence. The platform analyzes spending patterns to find areas for savings, allowing companies to cut costs without manual work. For instance, it can decrease EC2 expenses by up to 60% with just a few clicks. Antimetal offers various subscription plans based on AWS spending, including a free option for startups and an enterprise plan for larger clients. Its user-friendly interface enables clients to easily navigate the Savings Analysis page and start optimizing costs. The AI engine can also manage reserved instances automatically, ensuring efficient spending. Antimetal stands out by providing a risk analysis and credit model to protect against costs from underutilized resources. The goal is to provide an automated and hassle-free solution for AWS cost management, allowing businesses to concentrate on their main activities.

Company Stage

Seed

Total Funding

$4.2M

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

66%

1 year growth

42%

2 year growth

100%
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Simplify's Take

What believers are saying

  • The recent $4.3M seed funding round provides financial stability and resources for further development and expansion.
  • Antimetal's AI-powered platform can save companies up to 75% on their AWS bills, offering significant cost reductions.
  • The user-friendly interface and automated features allow businesses to focus on core activities rather than cloud cost management.

What critics are saying

  • The competitive landscape of cloud cost optimization is crowded, requiring Antimetal to continuously innovate to stay ahead.
  • Reliance on AWS-specific optimization could limit market potential if clients diversify their cloud providers.

What makes Antimetal unique

  • Antimetal leverages AI to automate AWS cost optimization, offering a more efficient solution compared to traditional manual methods.
  • The platform's ability to buy and sell reserved instances on behalf of clients sets it apart from competitors who lack such automated features.
  • Antimetal's risk analysis and credit model to insure underutilized resources provides an additional layer of cost savings and security, which is unique in the market.
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