
Subscript, a San Francisco, CA based provider of an AI-powered billing and analytics software, raised $15m in Series A funding.
The round was led by Pelion. Including previous investments from First Round Capital, Kapor Capital, Forum Ventures, and Fresco Capital, this brings Subscript’s total funding to date to $21m.
The company intends to use the funds to expand its AI-powered automation features and enhance its suite of software for SaaS finance teams.
Led by Sidharth Kakkar, CEO, Subscript provides an AI-powered platform that automates billing, revenue tracking, and financial analysis for B2B SaaS companies. Finance leaders at companies like Pave, AcuityMD, and EliseAI, use it for automated billing, revenue recognition, B2B SaaS analytics, and dunning—all in one place.