Metronome Receives $43 Million Investment

Metronome, a startup that helps software companies offer usage-based billing, has raised $43 million in a Series B funding round led by NEA. Current supporters Andreessen Horowitz and General Catalyst also participated in the financing, bringing the total to more than $78 million since its inception in 2019.

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Metronome

It is designed for speed of deployment, flexibility and ease of use, reducing the engineering effort often required for billing. It also enables business and product teams to fully own revenue and pricing. Once the initial platform integration is established, teams can quickly launch new products and pricing, streamline revenue workflows and provide real-time spend transparency to customers. Today the startup is used by fast-growing startups and leading organisations. The company has achieved significant momentum, increasing revenue 6x last year. Metronome has played a pivotal role in helping many of the world's top AI companies bring new products to market and grow faster.