logo
logo

Metronome Raises $50 Million (Series C) For Advancing Usage-Based Pricing in Software and AI

Feb 26, 20255 months ago

Contract Type

partnership

San FranciscoData And AnalyticsSoftware

Description

Metronome, a leading usage-based billing platform, announced $50 million in Series C funding following an 8-fold increase in dollars billed on the platform in 2024, and now powers billing for over 150 million end users, processing billions in usage-based revenue. The funding highlights a pivotal moment in the software industry as AI redefines how businesses deliver value, monetize products, and drive growth.

Company Information

Company

Metronome

Location

San Francisco, California, United States

About

Metronome is the leading usage-based billing platform that helps companies launch products faster—easily deploy any pricing today and iterate confidently tomorrow. The company powers billing for some of the fastest-growing startups and enterprises, including OpenAI, Databricks, and NVIDIA. Based in San Francisco, Metronome is a private company backed by investors including NEA, a16z, and General Catalyst.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Related People