Ben Lerner’s Post

View profile for Ben Lerner, graphic
Ben Lerner

Cofounder & CEO at Espresso AI | Save up to 70% on Snowflake in 10 minutes

Today, we are excited to announce that we have raised over $11 million in funding, including a seed round led by Daniel Gross and Nat Friedman, and a pre-seed round led by Matt Turck at FirstMark, with participation from a number of industry leaders, including Tasso Argyros, Spencer Kimball, Calvin French-Owen, Tristan Handy, Aston Motes, and many others. Our goal at Espresso is to accelerate compute, and we believe Gen AI is the path to get there. We've already improved the state-of-the-art in data warehouse optimization - our first product is reducing our customers' Snowflake bills by as much as 5x, automatically - but we're not stopping there. We plan to apply this technology to accelerate all of compute by 1000x. https://lnkd.in/eWEBh6V6

Espresso AI emerges from stealth with $11M to tackle the cloud cost crisis

Espresso AI emerges from stealth with $11M to tackle the cloud cost crisis

https://venturebeat.com

Matt Turck

2mo

Hearing good things about “Generative AI”…. Apparently it’s cool? Go Espresso AI! 🚀🚀🚀

Like
Reply
6 Reactions
Rajivalochan Subramaniam, Ph.D.

2mo

For a cup of coffee what all you guys doing. 

Like
Reply
2 Reactions
Tasso Argyros

CEO at ActionIQ | Entrepreneur and Board Member of Disruptive Companies

2mo

Congratulations! Excited about what you are building!

Like
Reply
2 Reactions
Danny Sheridan

Co-founder and CEO | SDKs and Docs for your API

2mo

Now you're brewing! For folks out there with big Snowflake bills, optimize them without losing performance with Espresso AI. n4th represent!

Like
Reply
1 Reaction
Arman Jindal

Programming | Writing | Solutions Eng. @ 514 | ex 37signals, Columbia

2mo

*hands customer wad of cash* 😂 Great pitch at Data Driven NYC. I'm excited for what you're building!

Like
Reply
1 Reaction
Hyoun Park

Helping CIOs & CFOs create the ROI and strategic business cases for better AI and IT FinOps

2mo

Congratulations! I’d love to learn more about how you support Data FinOps through query optimization and the future roadmap for other analytic workloads for my vendor landscape work, but didn’t see a “contact us” option.

Like
Reply
1 Reaction
Bo Ren

Managing Director of Early Stage Startups at Silicon Valley Bank

2mo

LFG!!! Excited to partner up with Espresso on turbo charging you with SVB!

Like
Reply
Calvin French-Owen

Builder

2mo

Congrats on the launch Ben! Solving a huge need at so many of the cos I talk to.

Like
Reply
Jonathan Sukhia

Co-Founder & CEO | We help STR property managers close the books 📚 5x faster 🖥️

2mo

Congrats Ben Lerner, awesome to see this, much needed for this sector.

Like
Reply
1 Reaction
Aston Motes

Parvenu

2mo

🙌 So excited!

Like
Reply
See more comments

To view or add a comment, sign in

More Relevant Posts

  • View profile for Ben Lerner, graphic
    Ben Lerner

    Cofounder & CEO at Espresso AI | Save up to 70% on Snowflake in 10 minutes

    Had an awesome conversation with Daniel Tannor about what it takes to build an AI product with a no-brainer value proposition. Daniel, thanks for having me on!

    View profile for Daniel Tannor, graphic
    Daniel Tannor

    Growth engineering for startups | CMO @ Dagshub | Chess lover ♟️

    Ben Lerner created a huge demand for his product with a customer-first pricing plan. Here's how he did it: We often wonder if SaaS products are worth their price when visiting pricing pages. The key is to lead with value, making the purchase a no-brainer for customers. This is exactly what Ben Lerner, CEO of Espresso AI, did. Espresso AI helps companies save up to 70% on their Snowflake bill with faster queries. Their pricing model: - Charge based on a percentage of savings generated - No onboarding cost - No minimums At first glance, this seems like a CFO's nightmare and a risky business decision. But it's a game-changer for customers. Here's why: - Guarantees ROI for clients, regardless of size - Aligns Espresso AI's success directly with customer savings - Builds trust by demonstrating a focus on customer value This approach might sacrifice short-term profits, but it's winning hearts and building lasting partnerships. Question: Are founders too focused on maximizing profits instead of maximizing value? What unconventional strategies have you used to put customers first?

    To view or add a comment, sign in

  • View profile for Ben Lerner, graphic
    Ben Lerner

    Cofounder & CEO at Espresso AI | Save up to 70% on Snowflake in 10 minutes

    "Whatever Espresso AI is paying you, we'll pay double if you get out of here." I can't quite put my finger on why someone would want to bribe our amazing baristas into leaving the Snowflake summit. Even so, the conference was a blast! Snowflake users liked our lattes - and they loved our product. I'm excited to follow up with 300+ users and see how much we can help them cut down their bills. Our customers today are saving up to 70% on Snowflake after just minutes of setup. Check out the first comment to see the mystery wall that appeared to block the visibility of our coffee cart on day 2. Who would do that?! And if you've got a Snowflake bill that's too high, comment "save" on this post or DM me to get a free Snowflake savings estimate from us.

    • No alternative text description for this image

    To view or add a comment, sign in

  • View profile for Ben Lerner, graphic
    Ben Lerner

    Cofounder & CEO at Espresso AI | Save up to 70% on Snowflake in 10 minutes

    Come meet the Espresso team at Executive Order Bar & Lounge! We’re featuring Espresso cocktails and, as always, Snowflake savings.

    • No alternative text description for this image

    To view or add a comment, sign in

  • View profile for Ben Lerner, graphic
    Ben Lerner

    Cofounder & CEO at Espresso AI | Save up to 70% on Snowflake in 10 minutes

    Start your day at Snowflake summit with a latte from Espresso AI - our coffee is great and our Snowflake savings are even better. We’re right across from Moscone at Yerba Buena Gardens!

    • No alternative text description for this image

    To view or add a comment, sign in

  • View profile for Ben Lerner, graphic
    Ben Lerner

    Cofounder & CEO at Espresso AI | Save up to 70% on Snowflake in 10 minutes

    I'm headed to Snowflake Summit and will be in person at the Low-Key Data Happy Hour on June 3rd with Portable, Seattle Data Guy, Metaplane, RudderStack, Keboola, Zenlytic, DataGalaxy, and Brooklyn Data Co. Here's the link to join the guest list: https://lnkd.in/egw5dV7K

    To view or add a comment, sign in

  • View profile for Ben Lerner, graphic
    Ben Lerner

    Cofounder & CEO at Espresso AI | Save up to 70% on Snowflake in 10 minutes

    Memorial Day Flash Sale: Get 50% off Snowflake! Hurry, this won't last long*. Email code ESPRESSOAI to savings@espresso.ai to get your free savings estimate. *Just kidding, we do this all year.

    To view or add a comment, sign in

  • View profile for Ben Lerner, graphic
    Ben Lerner

    Cofounder & CEO at Espresso AI | Save up to 70% on Snowflake in 10 minutes

    Nailing your early marketing message is crucial for any startup's GTM effort. Here are a few slogans that didn't make the cut when we were still in beta: - Espresso AI - we're in stealth, please don't ask your Snowflake rep about us. - Espresso AI - now with production monitoring! - Espresso AI - trusted by over 6 users! #thoughtleadership #marketingtips

    To view or add a comment, sign in

Ben Lerner

2,359 followers

View Profile

Explore topics