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Outreach, Palantir, And Salesforce Veterans Raise $21M For Paid.ai To End Seat-Based SaaS Billing With AI Agent Infrastructure
Yahoo Financeยท 2025-10-04 18:01
Company Overview - Paid.ai has successfully closed a $21 million oversubscribed seed round led by Lightspeed Venture Partners, bringing its total funding to $33.3 million [1] - The leadership team includes Manny Medina, co-founder of Outreach, and Manoj Ganapathy, who previously built billing infrastructure at Salesforce, among others [2] Industry Context - Paid.ai's platform is designed to help software-as-a-service (SaaS) firms transition from traditional seat-based pricing to outcome-driven models tailored for AI agents [3] - The company highlights a trend of slowing expansion among publicly traded SaaS companies, with many reporting single-digit growth or declines, attributed to AI agents replacing traditional teams [4] Market Trends - By 2030, it is projected that half of the global workforce will consist of AI agents, making per-seat pricing models unsustainable [5] - Early adopters of AI agent billing are experiencing revenue increases of 20% to 40% within six months, along with faster sales cycles and improved customer retention [5] Product Features - Paid.ai's platform includes value-proof dashboards to demonstrate the business impact of agents, custom pricing systems aligned to performance, and cost-tracking tools for measuring profitability at both customer and agent levels [6]