m3ter Raises $14M Series a to Fuel Further U.S. Expansion and Add Advanced Features to Its Software Pricing Platform
Summary
The company plans to build an advanced analytics offering, starting with a new Cost Allocator co-created with a cohort of current customers. Griffin Parry, CEO and co-founder of m3ter, said: “In a more challenging software market, SaaS businesses are balancing growth with profitability, making pricing an ever-more valuable lever. Hybrid and usage-based pricing are now firmly in the spotlight because of their ability to deliver better customer experiences while reducing churn and increasing revenue, and as their popularity continues to grow, the opportunity for m3ter is obvious. Already, the company’s co-founders have laid solid foundations with an exceptional team and product, as well as deep engagement and alignment with their early customers and partners. We look forward to the bright future ahead.” Tanya Bragin, VP Product at ClickHouse said: “Working with m3ter has enabled us to deliver granular usage statements and bills that our customers can rely on.
Funding
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