Togai, a San Francisco, CA-based provider of a B2B SaaS metering and pricing platform, raised $3.1M in Seed funding.
The round was led by Together Fund with participation from BoldCap, Core91, and angel investors including Prasanna Shankar, the Co-founder of Rippling.
The company intends to use the funds to expand operations and its business reach.
Founded by Abhishek Rajagopal, Aravind Sriraman, and Tholkappiyan Velavan, Togai is a metering and pricing platform for B2B companies. Its solution enables businesses to implement any pricing change without engineering effort. With integration into existing monetization and quote-to-cash tools (CPQ, CRM, Billing, Usage analytics, Revenue recognition), the company can help companies communicate, implement and analyze pricing changes effectively without manual effort.
Togai launched its product in beta in April 2023 with customers across dev tools, fintech, and conversational AI verticals, and is now open for public access. Their no-code usage metering solution (metering.ai) achieved 2nd place for Product of the Day on Product Hunt, with over 300 users automating their metered billing operations. The monetization marketplace, currently in beta, hosts over 10 apps and integrations, empowering users to visualize the flow, pinpoint leakages, and bridge the gaps in their entire quote-to-cash process, any engineering effort.
FinSMEs
06/06/2023