BELLEVUE – October 28, 2026 -- Archera has closed a $15 million Series C round led by Pivot Investment Partners, lifting its total funding to $38.3 million as it expands insurance-backed guarantees on cloud and AI spending. The cloud economics company now manages roughly $5.6 billion in annual cloud and AI spend.

Existing investors including HighSage Ventures also participated. The capital will fund Archera's Guaranteed Commitments and its free cloud cost tools, including a FinOps Agent and MCP.