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Polar is an open-source platform that helps developers monetize software and digital products by providing the infrastructure for selling online, handling payments, subscriptions, and entitlements, and acting as the merchant of record for VAT/GST. It supports one-time purchases, recurring subscriptions, and usage-based pricing, with both code-based SDKs/APIs and a no-code dashboard for managing products, customers, and billing. The platform delivers entitlements automatically after purchase and offers a self-service portal for customers, while pricing is transaction-based with no monthly minimums. Polar aims to simplify global software monetization by combining developer-friendly tools with tax compliance and automated access control.
Industries
Enterprise Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Seed
Total Funding
$9.5M
Headquarters
Stockholms kommun, Sweden
Founded
2022
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Total Funding
$9.5M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Health Insurance
Parental Leave
Remote Work Options
Home Office Stipend
Company Social Events
Company Equity
Polar, a payment infrastructure startup, has secured a $10 million funding round. This investment will enable Polar to enhance its payment solutions and expand its market presence. Investors are confident in Polar's potential to innovate within the digital payments landscape, positioning the company as a key player ready to deliver innovative solutions in the evolving financial technology sector.
Polar raises €8.6M to simplify monetisation for developers with its open-source platform. Led by Accel, it aims to empower solo devs across Europe.
Stockholm-based Polar, a company that offers a modern way to sell SaaS and digital products, has secured $10M (approximately €8.68M) in seed funding led by Accel.
Polar can be implemented with a few lines of code, an approach that resonated with VC firm Accel, which led Polar's $10 million seed round.
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Industries
Enterprise Software
Fintech
Financial Services
Company Size
11-50
Company Stage
Seed
Total Funding
$9.5M
Headquarters
Stockholms kommun, Sweden
Founded
2022
Find jobs on Simplify and start your career today