About Lago
Lago is a Technology company based in Wilmington (United States) founded in 2021 by Raffi Sarkissian and Julien Collet. It operates as an usage-based billing engine is offered for cloud infrastructure management. It operates on a SaaS (Software-as-a-Service) and Usage + Subscription Mix model. Lago has raised $34.35 million across 3 funding rounds from investors including FirstMark, New Wave VC and Y Combinator. Its website getlago.com draws about 76 thousand monthly visits. Lago offers products and services including Usage Metering, Price Plans, and Invoicing. Its focus areas include Software and Billing Solutions. Its legal entity is Lago SAS. Its competitors include Datadog, VMware, Nutanix, Flexera and AvePoint and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
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.
- Headquarters Wilmington, United States
- Founders Raffi Sarkissian, Julien Collet
- SectorsTechnology
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Phone•••• ••••
- Website getlago.com
- Social LinkedIn X YouTube
- Legal Name Lago Sas
- Total Equity Funding$34.35M (USD)
in 3 rounds
- Latest Funding Round$15M (USD), Series A
Mar 2024
- InvestorsFirstMark
& 5 more
Products & Services of Lago
Lago offers a comprehensive portfolio of products and services, including Usage Metering, Price Plans, and Invoicing.
Usage data is collected for accurate billing solutions.
Flexible pricing models are supported for various plans.
Invoices are generated automatically based on usage data.
Apps and channels of Lago
its YouTube channel Lago has 293 subscribers and 30 videos.
Videos from Lago
The most watched videos on Lago's YouTube channel, Lago (293 subscribers). Click a video to play it here.
More on Lago.
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.
- Total Funding $34.35M
- Total Rounds 3
- Last Round Series A — $15M
- First Round $125,000
(Sep 2021)
- Investors Count 6
All 3 funding rounds of Lago with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $15M | Series A | – | FirstMark | – |
| Dec 2023 | $19.22M | Series A | – | FirstMark | |
| Sep 2021 | $125,000 | Seed | – | Y Combinator | – |
6 investors in total: 5 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital is invested in tech startups across sectors. | 1987 | firstmark.com | New York, United States | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Investments are made in early and growth-stage technology startups. | – | addition.com | New York, United States | |
Venture capital firm focused on software sectors | – | script.capital | San Francisco, United States | |
Limited information available | 2006 | newwave.vc | Toronto, Canada | |
RH Romain Huet | AI expert, Head of Developer Experience at OpenAI, active angel investor | – | unknown_e9d3df13bb4e4fce9 | - |
Investor details for Lago
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Lago
10 people are tracked at Lago (4 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Raffi Sarkissian | Co-Founder | Leadership |
Julien Collet | Co-Founder | Leadership |
Anh-Tho CHUONG DEGROOTE | Co-founder & CEO | Leadership |
Lisa Bardet | Head Of Growth | Leadership |
Finn Lobsien | Content | Team |
Mathieu Déjean | Solution Engineer @ Lago | We Raised $22m Led By Firstmark! | Team |
Morgane Lecurieux Lafayette | Lead Frontend Developer | Team |
Jérémy Denquin | Founding Engineer | Team |
Maxime Vidori | Senior Infrastructure Engineer | Team |
Kelly Piriou | People Ops & Office Manager | Team |
Complete people profiles for Lago
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Lago
3 dated milestones of Lago across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Lago is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Series A, of $15.0M.
Competitors of Lago
Lago has 8 listed competitors in our database, 8 of them funded. They include Datadog, VMware, Nutanix, Flexera and AvePoint, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datadoghq.com | 2010 | New York, United States | $147.19M | 2,400 | Cloud and application performance management platform is provided. | |
| vmware.com | 1998 | Palo Alto, United States | $595.83M | – | Cloud orchestration solutions are provided for multi-cloud and device applications. | |
| nutanix.com | 2009 | San Jose, United States | $317.2M | 8,239 | AI-powered cloud management software is delivered for enterprises. | |
| flexera.com | 2008 | Itasca, United States | $5.76M | 755 | Cloud management solutions are delivered via an online IT platform. | |
| avepoint.com | 2001 | Jersey, United States | $90M | 303 | Cloud based platform offering data backup and recovery solutions | |
| anodot.com | 2014 | – | $64M | – | AI based cost management platform | |
| signalfx.com | 2013 | San Francisco, United States | $157M | 178 | Cloud-based monitoring solutions for infrastructure and applications are provided. | |
| upbound.io | 2017 | San Francisco, United States | $69M | – | Multi-cloud platform enables running, scaling, and optimization of cloud services. |
Detailed competitors of Lago
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Lago
The website of Lago (getlago.com) receives about 76.2K visits a month and ranks #629,190 among all websites worldwide, #5,009 in Business Services.
- Monthly visits76.2K
▲ 50.3% vs previous month
- Unique visitors21.7K
per month
- Global rank#629,190
among all websites
- Category rank#5,009
Business and Consumer Services · Business Services
- Bounce rate37%
- Pages per visit2.2
- Average visit40 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with Lago. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| subscriptionflow.com | 100% | 38.6K | #1,080,606 | View details | |
trten.sharepoint.com | trten.sharepoint.com | 100% | – | – | – |
| windmill.dev | 100% | 126.1K | #323,643 | View details | |
lagodesign.com | lagodesign.com | 29% | – | #434,161 | – |
Top companies in IT Services & Operations
10 companies that operate in the same segment as Lago (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Related news about Lago
Complete news archive for Lago
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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. The company's 1st funding round was a Seed of $125K, raised on Sep 2021.
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 offers Usage Metering, Price Plans, and Invoicing.
Lago has 6 investors. Key investors include FirstMark, New Wave VC, Y Combinator, Addition, and Script Capital.
Lago operates through Lago Sas.