Lago
Lago is the open source Stripe Billing alternative for companies with complex pricing models. It handles usage metering, subscription management, invoice generation, and payment collection — self-hosted or cloud. Built for companies with usage-based pricing, tiered plans, credits, and other non-standard billing needs.
- Location
- Paris, France
- Raised
- $22M
- Stage
- Series A
- Founded
- 2021
- Category
- Fintech
- Funding
- VC-backed
- Team
- 10–50
Funding figures as of Jul 2025 · not independently verified
Founders of Lago
- Raffi Perekh
- Thibaud Elziere
Investors backing Lago
- FirstMark Capital
- Y Combinator
Frequently asked questions
What does Lago do?
Lago is the open source Stripe Billing alternative for companies with complex pricing models. It handles usage metering, subscription management, invoice generation, and payment collection — self-hosted or cloud. Built for companies with usage-based pricing, tiered plans, credits, and other non-standard billing needs.
Where is Lago based?
Lago is based in Paris, France.
When was Lago founded?
Lago was founded in 2021.
How much has Lago raised?
Lago has raised $22M in their Series A round as of Jul 2025.
Who founded Lago?
Lago was founded by Raffi Perekh, Thibaud Elziere.
Who has invested in Lago?
Lago is backed by FirstMark Capital, Y Combinator.
How Lago would pitch themselves
○ Auto-generated01Target customer
Usage-based pricing — the core audience Lago's product is built around.
02Problem they solve
Lago is the open source Stripe Billing alternative for companies with complex pricing models. It handles usage metering, subscription management, invoice generation, and payment collection — self-hosted or cloud. Built… The category has historically been served by tools that miss the modern workflow this product is built around.
03Key differentiator
Lago differentiates on open source billing and metering for usage-based pricing. Backed by FirstMark Capital + Y Combinator, $22M raised — the company has resources + validation to compound this thesis. Founded by Raffi Perekh + team.
04Go-to-market strategy
Series-A scaling stage — building outbound sales motion, hiring first AEs, layering on customer success. Mix of PLG (where the product allows) + direct sales for higher-ACV deals.