Lago

Open Source Metering and Usage Based Billing

Paris, France · Founded 2021 · $22.1M raised

Headquarters
Paris
Employees
11–50
Founded
2021
Business Model
B2B
Total Funding
$22.1M
Last Round
$15.0M Series AMar 2024
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 4 funding rounds and 7 investors for this company. The full record is or through the API.

About

Lago is the open-source alternative to Stripe, with a laser focus on transparency, metering, developer experience, and composability: addressing complex pricing grids and business workflows. Their team previously built and scaled the home-grown billing system of Qonto (a $5B Fintech in Europe), from pre-launch to the tens of millions of MRR.  Lago is the leading open-source repository and community in this space.

Summary

Lago is a FinOps company based in Paris, France, founded in 2021. It has raised $22.1M in total across 4 rounds, most recently a $15.0M Series A round in Mar 2024. Investors include FirstMark Capital, SignalFire and Y Combinator.

Tech & App Stack

4 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding History

Series ASeries AMar 2024
$15.0M

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Funding: Pre-Seed through Series A. Amounts, valuations, and investors where available.

Investors

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