# Lago: Information technology & services, Paris, France

> Lago: Lago is an AI-native, open-source billing platform founded in 2021 and headquartered in Paris, France, with a presence in San Francisco.

Source: https://millionrounds.com/startup/lago (Millionrounds; every figure on the page links to its filing or article)

France · [Information technology & services startup](https://millionrounds.com/companies)

# Lago

Lago is an AI-native, open-source billing platform founded in 2021 and headquartered in Paris, France, with a presence in San Francisco.

Funding reported Last round: Series A

Information technology & services Paris, France

Company summary

- **Founded:** 2021 5 years old
- **Team:** 90 51 to 200 people
- **Funding reported:** 22.1M as listed, currency not stated
- **Last round:** Series A Mar 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Lago has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Lago

Lago is an AI-native, open-source billing platform founded in 2021 and headquartered in Paris, France, with a presence in San Francisco.

The platform is designed for SaaS, AI, cloud, and fintech companies, enabling them to manage complex, usage-based, and subscription-based pricing models with transparency and flexibility. Lago offers a developer-first, event-based billing API that serves as a flexible alternative to proprietary solutions. The platform includes features such as usage metering, subscription management, flexible pricing iterations, customer portals, payment orchestration, and revenue analytics. It is available as both a cloud-hosted SaaS and a self-hosted open-source version, allowing businesses to customize their billing logic to fit their monetization strategies. Lago serves B2B product-led SaaS companies, including notable clients like Mistral AI and Groq, helping them scale revenue operations while maintaining control over their billing processes.

## What company datasets say Lago raised

Funding, as reported

Reported in all **22.1M** in the source's currency

Rounds **3**

Last round **Series A**

Last round size **15M**

Last round date **Mar 2024**

Investors listed **10**

Y Combinator **S21**

## Founders and team

From Lago's own website: 2 founders.

**Anh-Tho Chuong** CEO & co-founder at Lago

**Raffi Sarkissian** CPO & co-founder at Lago

## On a portfolio page

Investors who name them

- [SignalFire](https://millionrounds.com/fund/signalfire)

Each firm lists Lago on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

credit notes consumers cpaas customer engagement oss price plans computer & network security entitlements information technology & services prepaid credits financial services invoicing finance scalable billing developer api automated billing

Built with from their website

Google Tag Manager Amazon CloudFront Salesforce CRM Analytics AWS Trusted Advisor PWA Google Cloud GitHub Google Workspace Viewport Meta IBM ILOG CPLEX Optimization Studio

+8 more

Lucide Hubspot PostgreSQL webpack AWS Analytics AI Google Meet Apollo.io

- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 513210, SIC 7375, 7372
- **Region:** Ile-de-France
- **Revenue:** 3M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/lago-b720d60dad)

## Information technology & services in France

Startups like it

- [**Mistral** Paris · founded 2023 *Raised*](https://millionrounds.com/company/mistral)
- [**ManoMano** Paris · founded 2013 *Raised*](https://millionrounds.com/company/manomano)
- [**Gradium** Paris *Raised*](https://millionrounds.com/company/gradium)
- [**Contentsquare** Paris · founded 2012 *Raised*](https://millionrounds.com/company/contentsquare)
- [**Agicap** Lyon · founded 2016 *Raised*](https://millionrounds.com/company/agicap)
- [**PayFit** Paris · founded 2015 *Raised*](https://millionrounds.com/company/payfit)
- [**Oodrive** Paris · founded 2000 *Raised*](https://millionrounds.com/company/oodrive)
- [**Dust** Paris · founded 2023 *Raised*](https://millionrounds.com/company/dust)

## Is this your company?

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