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Subscript raised $15M in a Series A round led by Pelion to expand its AI-powered automation features for SaaS finance teams.

Mar 04, 20255 months ago

Amount Raised

$15 Million

Round Type

series a

San FranciscoFintechEnterprise SoftwareSaasArtificial IntelligenceSoftwareAnalytics

Investors

Fresco CapitalForum VenturesKapor CapitalFirst Round CapitalPelion

Description

Subscript, based in San Francisco, CA, raised $15 million in Series A funding. The funds will be used to enhance its AI-powered billing and analytics software for B2B SaaS companies.

Company Information

Company

Subscript

Location

San Francisco, California, United States

About

Subscript is a San Francisco, CA based provider of an AI-powered billing and analytics software. The company automates billing, revenue tracking, and financial analysis specifically for B2B SaaS companies. It aims to enhance its suite of software for SaaS finance teams with recent funding. Led by CEO Sidharth Kakkar, Subscript has attracted investments from several notable venture capital firms.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech