Solvimon Raises €9M in Seed Funding

Solvimon

Solvimon, a Utrecht, the Netherlands-based provider of a billing platform for companies, raised €9M in Seed funding.

Backers included Northzone and business angels.

The company intends to use the funds to continue expanding the team and to accelerate go-to-market activities. 

Founded in 2022 by Kim Verkooij (CEO) and Etienne Gerts (CTO), Solvimon provides a platform that empowers mid to large businesses to operationalise modern pricing methods. It enables businesses to model complex pricing plans, monitor invoices in real-time and surface insights into product usage to identify opportunities for revenue expansion and customer retention. Its ‘usage-based’ approach enables customers to pay only for what they consume. In addition, hybrid models combine the usage-based approach and traditional, user-based subscription plans.

FinSMEs

13/11/2023