Yarken

YäRKEN provides an AI-native IT Financial Management (ITFM) platform designed to give enterprises comprehensive visibility and control over their technology expenditures. The company was co-founded by Ravi Kuppan (CEO) and Vaibhav Kulkarni (CTO), two seasoned entrepreneurs who previously founded and sold Tarantula Global, an enterprise software company. Their experience delivering software to large global enterprises revealed a common struggle among CIOs: managing sprawling IT infrastructure costs with inflexible and slow legacy solutions. This insight led to the creation of YäRKEN.

The company's core product is a SaaS platform that integrates with various IT systems to ingest and analyze cost and usage data from cloud, on-premise, and hybrid environments. It leverages AI to automate cost allocation, streamline budgeting and forecasting, and provide actionable insights to optimize spending. The platform is built on established frameworks like Technology Business Management (TBM) and FinOps, offering features such as business case tracking, showback/chargeback, and scenario planning for cloud migrations. YäRKEN aims to reduce implementation times and deliver significant cost reductions, promising savings of 15-25% for its clients. It serves a range of roles within an organization, including IT, FinOps, and finance teams, by providing a unified view of technology investments and aligning them with business outcomes.

Headquartered in Auckland, New Zealand, YäRKEN also has a global presence with offices in the US, UK, and India. In May 2025, the company secured a strategic funding round led by 1982 Ventures to fuel its expansion in North America and further develop its AI capabilities. YäRKEN has gained industry recognition, notably being included in Gartner's 2025 Market Guide for ITFM tools. The company collaborates with partners like Maryville Consulting to offer its platform to a broader portfolio of enterprise clients.

Keywords: IT Financial Management, FinOps, Technology Business Management, cloud cost management, cost transparency, IT spend optimization, AI-native platform, hybrid cloud, cost allocation, budget forecasting, SaaS management, tech spend visibility, enterprise software, IT cost optimization, showback, chargeback, cloud migration planning, TCO, IT investment management