Total amount raised
$18.4 Million
Latest funding date
02/01/2022
Location
Subskribe has successfully raised funding over two rounds, with the latest being a Series A round involving 16 investors. The company is backed by 26 investors, including notable names like Sridhar Ramaswamy, Chuck Dietrich, and lead investor 8VC.
Subskribe offers a comprehensive quote-to-revenue platform, featuring tools for CPQ, billing, revenue recognition, and advanced analytics. Keep reading to explore the intricacies of Subskribe's fundraising journey and the investors backing this innovative platform.
What Is Subskribe?
Subskribe is an AI-native subscription management company based in San Ramon, California. It specializes in billing, enterprise software, information technology, SaaS, software, and subscription services. The company has a small team of 11-50 employees.
Founded to serve the needs of modern SaaS companies, Subskribe offers an adaptive quote-to-revenue platform that integrates CPQ, billing, and revenue recognition. The company has been acquired by DealHub.io, aiming to redefine the future of agentic quote-to-revenue processes.
How Much Funding Has Subskribe Raised?
- Seed Round
- Amount Raised: USD 5,200,000
- Date: June 2020
- Lead Investors: Slow Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and launch their adaptive quote-to-revenue platform.
- Series A Round
- Amount Raised: USD 13,200,000
- Date: February 2022
- Lead Investors: 8VC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance platform capabilities.
Total Amount Raised: USD 18,400,000. Current Valuation: Not publicly disclosed.
Key Investors
- Sridhar Ramaswamy
- Details: Sridhar Ramaswamy is a former Google executive who led the company's advertising and commerce business. He is now a partner at Greylock Partners, focusing on early-stage investments.
- Investment Focus Areas: Technology, advertising, commerce.
- Notable Investments: Not publicly disclosed.
- Chuck Dietrich
- Details: Chuck Dietrich is a seasoned entrepreneur and investor, known for his role as CEO of MileIQ, which was acquired by Microsoft. He has a strong background in SaaS and mobile applications.
- Investment Focus Areas: SaaS, mobile applications, enterprise software.
- Notable Investments: Not publicly disclosed.
- 8VC
- Details: 8VC is a venture capital firm that invests in early-stage and growth-stage companies. It was founded by Joe Lonsdale, a co-founder of Palantir Technologies.
- Investment Focus Areas: Technology, healthcare, logistics, financial services, enterprise software.
- Notable Investments: Palantir Technologies, Wish, Blend.
- Slow Ventures
- Details: Slow Ventures is a venture capital firm that invests in early-stage companies. It was founded by former Facebook executives and focuses on transformative technology.
- Investment Focus Areas: Technology, consumer products, media, healthcare.
- Notable Investments: Pinterest, Slack, Nextdoor.
What's Next for Subskribe?
Unfortunately, the requested section cannot be completed as specified. The sources provided do not contain any information about the opportunities available for Subskribe, the size of these opportunities, future fundraising opportunities, industry trends, challenges the company might face, or predictions for future fundraising or acquisitions. Therefore, it is not possible to write a storytelling section covering these aspects based on the provided sources.
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