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Lago
Open source metering and usage-based billing
- 1-20 employees
- Fintech
- B2B
- Delaware, USA
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Company mission
To make data accessible and usable to anybody, starting with growth teams.
Our take
Lago is an open-source billing API for product-led SaaS with a pricing that combines subscription and usage-based dimensions, self-serve and sales-led go-to-market.
While traditional tools to segment and synchronize customer data are often costly and require dedicated engineers to implement, Lago offers an alternative. The company allows growth teams to do this themselves without having to code by offering an spreadsheet-like interface on which to manage and plan their audience.
Lago received investment from Y Combinator to help it reach global stage from the get-go. Capital and resources enabled Lago to reach a global audience immediately with users from all continents and world-class mentors and investors that will help the company grow and develop its product.
Freddie
Company Specialist at Welcome to the Jungle
Company values
- Ambition: we aim big, because otherwise, where is the fun?
- Progress: we care more about the grit, the steep learning curve, the resilience and creativity muscles, than the current status or where you come from
- Humble confidence: we know our strengths and always strive for excellence, but we also know there’s so much we don’t know yet
- Pay it forward: we’ve all started somewhere, people gave us a hand when we needed one, we don’t forget this, and reinforce this positive cycle
- Not taking ourselves too seriously: we are ambitious, restless learners and hustlers, but at the end of the day, our health (physical and mental), and our loved ones are what matter the most
Funding (last 2 of 3 rounds)
Mar 2024
$15m
SERIES A
Sep 2023
$7m
SEED
Total funding: $22.2m
This company has top investors
Leadership
Anh-Tho Chuong Degroote
(CEO & Co-founder)Previously served as Vice President of Growth for Qonto, Country Manager for Weebly, in Strategy and Special Projects for Mailjet, as a Consultant for McKinsey & Company, Business Analyst for Orange, and as President of ABCDE Vietnam.
Raffi Sarkissian
(Co-founder)Formerly co-founded and served as CEO and Acquisition Manager for Pay With Your Phone. Previously served as Head of Growth Operations for Qonto, Traffic and Acquisition Manager for Investbook, and 360° Communication Manager for Lagardère Publicité.