Announcing Metronome's $43M Series B led by NEA.

SAN FRANCISCO--(BUSINESS WIRE)--Metronome, the leading provider of usage-based billing for companies including OpenAI, Databricks, and NVIDIA, today announced the close of its $43 million Series B funding round to reimagine billing for SaaS companies. The round was led by NEA, with strong participation from prior backers Andreessen Horowitz and General Catalyst. In conjunction with the funding, Hilarie Koplow-McAdams, Venture Partner at NEA, joined the company’s board of directors. “When we started Metronome, we spoke with hundreds of companies who were struggling to build and maintain usage-based and subscription billing infrastructure,” said Kevin Liu, Metronome CEO, who co-founded the company with CTO Scott Woody in 2019. “We built Metronome to be a powerful and flexible billing platform, but also simple to integrate and maintain – to help those companies move faster.”. Metronome is designed for speed of deployment, flexibility, and ease-of-use – reducing the engineering effort typically required for billing and empowering business and product teams to fully own revenue and pricing

Metronome raises $43M to transform SaaS billing landscape.