Hyperline, a Paris, France-based billing platform designed specifically for B2B SaaS companies, raised €4 million in seed funding led by Index Venture.
Cocoa and Klima Ventures and angel investors including Spendesk founders Rodolphe Ardant and Guilhem Bellion, Steve Avani, co-founder of Qonto, Hexa (formerly eFounders) co-founders Thibaud Elziere and Quentin Nickmans, and former Formula 1 World Champion Nico Rosberg also participated in the round.
The fresh funds will be used to continue developing the platform’s features, enhance the overall UX and embark on a recruitment drive seeking top engineering talent.
Servicing B2B SaaS businesses, Hyperline can make iterations on pricing and packaging dev-free, whether the client utilizes usage-based pricing, recurring billing, add-ons, or any mixture thereof. The solution connects with any payment provider and offers the ability to manage multi-currency or payment intervals.
In contrast to existing billing software solutions, i.e. Chargebee, Recurly, Zuora, etc., Hyperline says it can reduce integration time by 10x and increase agility by eliminating the need to devote developers to building a customized billing tool.
Company: Hyperline
Raised: €4.0M
Round: Seed Round
Funding Month: June 2023
Lead Investors: Index Venture
Additional Investors: Cocoa, Klima Ventures, Rodolphe Ardant, Guilhem Bellion, Steve Avani, Thibaud Elziere, Quentin Nickmans, and Nico Rosberg
Company Website: https://www.hyperline.co/
Software Category: Billing Software
About the Company: Founded by Lucas Bédout, Hyperline is a billing platform for B2B SaaS businesses. The company's platform provides a simple way to make Saas payments, with no code pricing iterations and their API handles all the events, computes customers' billing accurately, and allows to simulate changes impact based on historical data, enabling businesses to make payments easily and effectively and focus on their core activities.
Source: https://tech.eu/2023/06/20/backed-by-the-likes-of-nico-rosberg-hyperline-brings-a-fresh-approach-to-billing-software-raises-eur4-million/