Lago

Wilmington, United States Founded: 2021 • Age: 5 yrs
Usage-based billing engine is offered for cloud infrastructure management.
Annual revenue - Latest available
Total funding $34.3M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Lago

Lago is a company based in Wilmington (United States) founded in 2021 by Raffi Sarkissian and Julien Collet. It operates as a SaaS (Software-as-a-Service) and Usage + Subscription Mix. Lago has raised $34.35 million across 3 funding rounds from investors including FirstMark, New Wave VC and Y Combinator. Lago offers products and services including Usage Metering, Price Plans, and Invoicing. Lago operates in a competitive market with competitors including Datadog, VMware, Nutanix, Flexera and AvePoint, among others.

  • Headquarter Wilmington, United States
  • Founders Raffi Sarkissian, Julien Collet
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Lago Sas
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $34.35 M (USD)

    in 3 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    Mar 14, 2024

  • Investors
    FirstMark

    & 5 more

  • Employee Count
    Not available
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Products & Services of Lago

Lago offers a comprehensive portfolio of products and services, including Usage Metering, Price Plans, and Invoicing.

Product name locked
Category locked
Primary

Usage data is collected for accurate billing solutions.

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Flexible pricing models are supported for various plans.

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Invoices are generated automatically based on usage data.

People of Lago

Headcount 1-10
Employee Profiles 8
Employee Profiles
People
Finn Lobsien
Content
People
Anh-Tho CHUONG DEGROOTE
Co-founder & CEO
People
Mathieu Déjean
Solution Engineer @ Lago | We Raised $22m Led By Firstmark!
People
Jérémy Denquin
Founding Engineer

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Funding Insights of Lago

Lago has successfully raised a total of $34.35M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Lago

Lago has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FirstMark, New Wave VC and Y Combinator.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage venture capital is invested in tech startups across sectors.
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Early-stage startups are accelerated via funding and educational programs.
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Investments are made in early and growth-stage technology startups.
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Investor details for Lago

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Investments & Acquisitions by Lago

Investments
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Investment portfolio details for Lago

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  • Transaction dates
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Financial Statements - Lago

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Detailed financials for Lago

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  • Profit trends
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Lago Comparisons

Lago Primary company
Description
Usage-based billing engine is offered for cloud infrastructu...
Location
Wilmington, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lago

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Competitors of Lago

Lago operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Datadog, VMware, Nutanix, Flexera and AvePoint, among others.

Company Name Domain Founded year HQ Location Description
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Cloud and application performance management platform is provided.
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Cloud orchestration solutions are provided for multi-cloud and device applications.
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AI-powered cloud management software is delivered for enterprises.
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Cloud management solutions are delivered via an online IT platform.
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Cloud based platform offering data backup and recovery solutions
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AI based cost management platform
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Detailed competitors of Lago

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Latest news on Lago

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Complete news archive for Lago

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Lago

Lago was founded in 2021.

Lago is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

Lago is a funded company, having raised a total of $34.35M across 3 funding rounds to date.

Lago is engaged in providing metering and usage-based billing solutions for software pricing and monetization. The company supports various industries such as Artificial Intelligence, Fintech, and SaaS by offering tools for real-time usage metering, flexible price plans, and automatic invoicing. Solutions are tailored for engineers, product managers, and finance teams, enabling seamless integration with existing systems. Lagos open-source approach allows customization and scalability for businesses of different sizes.

Lago's top competitors include VMware, Datadog and Nutanix.

Lago offers Usage Metering, Price Plans, and Invoicing.

Lago has 6 investors. Key investors include FirstMark, New Wave VC, Y Combinator, Addition, and Script Capital.

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