Paid, a London, UK-based business platform for AI agents, has secured €10 million in a pre-seed funding round.
Investors
The round was led by EQT Ventures and Sequoia Capital.
EQT Ventures is a venture capital firm that invests in startups and scale-ups across Europe and the United States. It is part of the Swedish investment manager EQT AB and focuses on seed-stage, early-stage, and later-stage companies in the information technology and SaaS sectors. EQT Ventures has offices in Stockholm, London, Berlin, Paris, and San Francisco.
Sequoia Capital, based in Menlo Park, California, is a venture capital firm specializing in seed-stage, early-stage, and growth-stage investments across the technology sector. Sequoia helps founders build legendary companies from inception to IPO and beyond.
Paid Use of Funds
The company will use the funding to advance its beta program, expand hiring efforts in London, and further develop its platform for AI agent monetization and margin management.
About Paid
Founded by Manny Medina, Paid is a business engine focused on AI agent monetization and financial infrastructure. It provides tools for managing pricing, subscriptions, margins, and billing, allowing AI agents to integrate seamlessly with various monetization models. It supports various billing models, including seat-based, activity-based, and outcome-based pricing. Paid’s mission is to grow the AI agent economy by building the business engine that helps AI agent companies accelerate growth and profitability.
Funding Details
Company: Paid
Raised: €10.0M
Round: Pre-Seed
Funding Date: March 2025
Lead Investors: EQT Ventures, Sequoia Capital
Additional Investors:
Company Website: https://www.paid.ai/
Software Category: AI Agent Monetization & Business Infrastructure
Source: https://www.eu-startups.com/2025/03/paid-raises-e10-million-to-transform-ai-agent-economy-and-launch-beta-programme/