Lago Analysis: $22M Raised
What is Lago?
Lago is an open-source billing platform that automates usage-based billing and metering, helping companies streamline their billing processes and enhance revenue generation.
Employees
23
Founded
2021
ZoomInfo
Product Features & Capabilities
- Usage metering, Price plans, Coupons, Add-ons, Invoicing, Prepaid credits, Instant charges, Customer portal, Spending minimums, Email invoices, Grace periods, Timezones, Credit notes and refunds
Pricing
- Free: Open-source product for small projects.
- On demand: Premium features available via cloud or self-hosted solutions.
How much Lago raised
1: - $22 million
Not specifiedLead Investor: FirstMark, Y Combinator, New Wave, Script, and industry veterans.
Who are the founders of Lago
AC
Anh-Tho CHUONG
Founder
RS
Raffi SARKISSIAN
Founder
Market Focus
Lago primarily focuses on the billing and financial technology industry, specifically providing open-source solutions for usage-based billing and metering.
Investors
- FirstMark
- Y Combinator
- New Wave
- Script
- Clément Delangue
- Firestreak
Business Model
Open-source model with revenue from premium services and usage-based billing solutions.
Competitors Overview
Lago competes with several notable alternatives in the open-source billing and subscription management market, particularly in usage-based billing and metering solutions. Key competitors include:
- Chargebee: A subscription management tool that automates recurring payments and integrates with
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