Schematic Raises $4.8 Million in Seed Round

by Kay Aloha Villamor in September 23rd, 2024

Schematic, an Atlanta, Georgia-based startup transforming pricing and packaging for B2B SaaS companies, has raised $4.8 million in seed funding. 

Investors 

The round was led by MHS Capital, with participation from NextView Ventures, Active Capital, Atlanta Ventures, and the founders of LaunchDarkly, Salesloft, Salesforce Pardot, and CrowdStrike. 

MHS Capital is a venture capital firm based in San Francisco, California, invests in early-stage companies. Founded in 2006, the firm focuses on consumer products, digital, software, e-commerce, mobile, healthcare, and information technology across the United States, Europe, and South America. 

Schematic Use of Funds 

The company will use the funding to expand its platform.

About Schematic 

Founded in 2023 by Jasdeep Garcha, Benjamin Papillon, Giovanni Hobbins, and Fynn Glover, Schematic offers a platform designed to simplify the pricing and packaging process for B2B SaaS companies. It allows product and engineering teams to manage and implement flexible pricing models—such as subscriptions, metering, and modular packaging—with minimal effort. The platform includes embeddable UI components and integrates with Stripe. 

Funding Details 

Company: Schematic, Inc. 

Raised: $4.8M 

Round: Seed Round 

Funding Date: September 2024 

Lead Investor: MHS Capital 

Additional Investors: NextView Ventures, Active Capital, Atlanta Ventures 

Company Website: https://schematichq.com/  

Software Category: SaaS Pricing and Packaging  

Source: https://www.prweb.com/releases/schematic-raises-4-8m-in-funding-for-the-last-mile-of-pricing-and-packaging-for-saas-companies-302252844.html

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