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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Lago Sas
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34.35 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series A
Mar 14, 2024
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Investors
FirstMark
& 5 more
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Employee Count
Employee Count
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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.
People of Lago
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $15.0M
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First Round
First Round
(01 Sep 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Series A - Lago | Valuation | FirstMark |
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| Dec, 2023 | Amount | Series A - Lago | Valuation | FirstMark | |
| Sep, 2021 | Amount | Seed - Lago | Valuation | Y Combinator |
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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 |
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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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Investments & Acquisitions by Lago
Financial Statements - Lago
Lago Comparisons
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.
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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 01, 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.