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Metronome's usage-based billing software finds hit in AI as the startup raises $43M in fresh capital

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 usa...
Andreessen Horowitz Kevin Liu Hilarie Koplow Mcadams General Catalyst Scott Woody San Francisco Based Metronome
Source: yahoo.com

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Why Startups Are Seeking Out Health Systems' VC Arms

Health system VC arms appear to have a lot more to offer to startups than traditional VC funds. Startup founders say that the tech pilots they launch with their health system partners end up being more effective because they are more incentive-aligned. For health systems, investing in a startup allows them to have a hand in shaping the tools they will eventually deploy across their enterprises to solve issues like burnout, payment delays and excessive hospital readmissions.
United States North Carolina Kaiser Permanente Brigham Hyde Russ Richmond Feby Abraham

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