Subscript, a San Francisco, CA-based provider of billing and analytics software for B2B SaaS companies, has raised $15 million in Series A funding.
Investors
The funding round was led by Pelion, with participation from First Round Capital, Kapor Capital, Forum Ventures, and Fresco Capital.
Pelion Venture Partners is a venture capital firm that invests in early-stage technology companies, in sectors like enterprise software, SaaS, and cloud infrastructure. They support entrepreneurs by providing capital, strategic advice, and industry expertise to help grow innovative businesses. The firm emphasizes building long-term partnerships with its portfolio companies.
Subscript Use of Funds
The company will use the funds to expand its AI-powered automation and enhance its software offerings for finance teams in the SaaS sector.
About Subscript
Founded in 2020 by Sidharth Kakkar, Subscript provides a billing and analytics solution designed to simplify and automate revenue management for B2B SaaS companies. Its AI-powered platform automates billing, revenue recognition, and analytics, helping finance teams work faster and with confidence. Subscript offers analytics tools to track key performance metrics such as Annual Recurring Revenue (ARR), Net Revenue Retention (NRR), and Customer Lifetime Value (LTV). Its notable clients include Pave, AcuityMD, and EliseAI.
Funding Details
Company: Subscript, Inc.
Raised: $15.0M
Round: Series A
Funding Date: February 2025
Lead Investor: Pelion
Additional Investors: First Round Capital, Kapor Capital, Forum Ventures, Fresco Capital
Company Website: https://www.subscript.com/
Software Category: Billing and Revenue Management
Source: https://www.subscript.com/the-dive/subscript-raises-15-million-series-a