According to filings with the U.S. Securities and Exchange Commission, Get Lago is raising $19,221,427.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Anh-Tho Chuong played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Get Lago
Open Source Metering & Usage-Based Billing The best alternative to Chargebee, Recurly and Stripe Billing. For usage-based, subscription-based, and all the nuances of pricing in between. Lago is on a mission to pioneer a Modern Pricing Stack*, for Product Led companies. Pricing and all its components (billing, payments, invoicing, dunning, etc.) are one of the most critical business pillars, and are yet to be systematized. Billing and pricing questions are still one of the most common sources of customer support tickets, and that’s only the tip of the iceberg. Incumbent pricing tools have been built around a “closed architecture” mindset: keeping critical data locked to claim to be the “source of truth”, closing numerous parts of their APIs, only integrating with specific partners to lock you in (e.g., Stripe Billing only working with Stripe Payments), to finally collect a rent-seeker tax on transactions (0.5-1% of revenues).

To learn more about Get Lago, visit http://www.getlago.com/

Contact:
Anh-Tho Chuong, Chief Executive Officer
650-550-2908
https://www.linkedin.com/in/anhthochuong/

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.