Monetize360, a Los Altos, CA-based company that delivers dynamic pricing and billing solutions to sales and billing departments, raised $3.2M in seed financing.
The round was led by SVQUAD and Idealab X with additional participation from fellow entrepreneurs and CEOs. Kanwal Rekhi and BV Jagadeesh from SVQUAD joined Monetize360’s board of directors and Raju Reddy, also a partner at SVQUAD, became an advisor to the company.
The investment will be used to fuel growth, including in engineering, as well as for strategic marketing and sales hires.
Led by CTO/founder Murali Saravu and CEO Jayaram Bhat, Monetize360 provides a no-code pricing and billing solution that allows customers to automate routine financial processes and quickly monetize their products and services, in even the most complex scenarios.
The no-code platform can be used as a stand-alone product or integrated with today’s major billing products without the need for advanced configuration. It includes integrations with mobile apps, tax and payment gateways, ERP and CRM systems. In addition, Monetize360’s APIs enable quick integration with other front office and back-office applications such as Salesforce, Netsuite, Oracle, SAP Financial systems, Vertex, Paymentech, Stripe, and more.
FinSMEs
04/10/2021