Lago

Lago, founded in 2021, is emerging as a notable player in the Data Analytics and Information Technology sectors, with its headquarters in France. It uniquely positions itself as an Open Source Metering & Usage-Based Billing solution, presenting an attractive alternative to existing giants like Chargebee, Recurly, and Stripe Billing. Catering to businesses that demand flexibility with usage-based and subscription-based billing models, Lago addresses a critical gap in the market.

In its latest financial milestone, Lago secured a $15.00M Series A funding round on March 14, 2024. The round attracted significant attention from prominent investors such as FirstMark, Script Capital, Y Combinator, New Wave, alongside individual investors like Romain Huet, Clément Delangue, and Meghan Gill. This diverse and robust backing underscores confidence in Lago's growth potential and innovative approach within its niche.