We’re excited to share that we’ve raised $4 million to bring Alguna to market and help AI, SaaS, and fintech companies adapt to the new era of monetization.
The round was led by Mango Capital and Atlantic Labs, with participation from Y Combinator and several incredible founders and operators.
Our mission is simple: put an end to the patchwork of point tools and spreadsheets that silently drain millions in revenue every year.
Read More – SEON Closes $80M Series C Funding
Why this matters now
AI has accelerated everything. Products that used to ship in quarters now launch in weeks. Pricing that used to update annually now gets rewritten every 90 days—or faster.
Traditional billing systems weren’t built for this pace. They were designed for static seat-based SaaS models with predictable margins. But in the AI economy:
- Margins that once sat at ~80% in SaaS have dropped to 30–60%
- “Small misses” like unbilled overages, outdated price books, or manual proration compound into millions in lost revenue
- Industry-wide, revenue leakage could hit $100B annually by 2030 if companies keep relying on disjointed stacks
And here’s the catch: most teams try to make do with what they already have. They patch spreadsheets, bolt on yet another point tool, or throw more people at the problem.
But that only multiplies the risk.
Every new plan, co-termed renewal, or credit wallet creates more chances for invoices to mismatch, revenue to slip through the cracks, and compliance issues to pile up.
If companies don’t adapt, they’ll be left with slower deal cycles, higher leakage, and tighter margins. The ones that modernize their revenue stack will move faster, keep margins intact, and stay ahead of competitors.
Read More – Scorecard Raises $3.75M in Seed Funding
