2 years ago

M3ter Secures £11.2 Million Series A to Revolutionize SaaS Pricing with Usage-Based Models

  • London-based startup M3ter has raised £11.2 million in a Series A funding round led by Notion Capital

  • The company provides a platform for software firms to implement usage-based pricing models for their SaaS products

  • M3ter will use the funding to expand its US operations and develop new features for its platform.

      • ProblemTechnology

      "Software companies often struggle to retain customers and maximize revenue with traditional subscription models, as users may feel locked into paying for services they don't fully utilize."

      Solution

      "M3ter provides a usage-based pricing platform for software companies, allowing them to charge customers based on actual product usage. This flexible model aligns costs with value, improving customer satisfaction and potentially increasing revenue."

      Covered on