SaaS Interviews with CEOs, Startups, Founders cover image

SaaS Interviews with CEOs, Startups, Founders

51 year old dad raises $31.5m to help companies do meter based billing

Mar 7, 2024
CEO Griff Parry talks about launching m3ter in 2020 after selling his first company to AWS. The podcast explores usage-based pricing models in the SaaS industry and strategic decisions in capital raising for critical infrastructure. It also discusses team composition, founder roles, pricing models, and valuation concerns.
26:54

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Meter focuses on usage-based billing for companies over $50 million revenue, automating invoicing processes.
  • Meter's pricing model adapts to API call volumes, providing predictability and flexibility for high-value clients.

Deep dives

Launch of Meter and its Target Customers

Griff Perry and his co-founder, John Griffin, launched Meter in 2020 after transitioning from AWS. Meter caters to companies generating more than $50 million in revenue by accurately tracking and invoicing based on product usage data, leading to billions of API calls annually. With 10 to 100 clients and a team of 56 emphasizing engineers, Meter focuses on long-term investments.

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