Metronome, a startup that helps software companies offer usage-based billing, has raised $43 million in a Series B funding round led by NEA.
Existing backers Andreessen Horowitz and General Catalyst also participated in the financing, which brings its total amount raised to over $78 million since its 2019 inception.
Founded by Dropbox alums Kevin Liu and Scott Woody, San Francisco-based Metronome says it saw a 6x increase in ARR last year as more companies transitioned from subscription to usage-based models, or a combination of both. Its customers include startups such as OpenAI and Anthropic and enterprise companies like Databricks and Nvidia. Initially, Metronome …
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