Subscript Raises $15 Million in Series A

Subscript Raises $15 Million in Series A

Subscript, a San Francisco, CA-based provider of billing and analytics software for B2B SaaS companies, has raised $15 million in Series A funding.

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.

The company will use the funds to expand its AI-powered automation and enhance its software offerings for finance teams in the SaaS sector.

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