Schematic Raises $6.5M in New Funding

The funding brings the total raised to $12 million, and the company plans to use it to strengthen partnerships, build a monetization control platform for go-to-market teams, and expand its developer tools and SDKs.

Schematic works between a company’s app and its billing system, separating pricing and packaging rules from the code. Engineers only need to add one check per feature, while plans, limits, and exceptions are managed in Schematic by product and business teams and automatically synced with Stripe for billing.

Schematic serves customers like Plotly, Automox, Florence, Blackcloak, Sema4.ai, Uniqode, OneCrew, Zep, and Pagos, and has had zero churn over the past year. Plotly implemented Schematic in just three weeks and launched two new AI products with credit-based pricing in half the expected time, attracting 5,000 users to the new AI plan.

For most of the last decade, B2B software pricing was seat-based and static. The shift to usage based, hybrid, and AI driven models has made that architecture untenable. Billing platforms generate invoices, and manage subscriptions, but they do not enforce limits and access inside the product. That enforcement is left to engineering teams who build it in house, often hard coded and then maintain it permanently.

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"Software used to be deterministic. AI changed that. Value and cost now accrue at runtime, non-deterministically," said Fynn Glover, co-founder and CEO of Schematic. "Pricing has to be enforced at runtime too. A shadow enforcement system catching webhooks from a billing provider can't keep up."

"Entitlements are one of the hardest problems in Billing," said Wisam Hirzalla, a senior product leader at Stripe Billing, welcoming Schematic as an official Stripe App.

"Without Schematic, feature entitlements, limits, and access logic are just technical debt waiting to happen," said Ben Postlethwaite, VP of Engineering at Plotly. "Maintaining this infrastructure in-house slows down product and sales."

About Schematic

Founded in 2023, by Fynn Glover, Gio Hobbins, and Ben Papillon, Schematic is based in Boulder, Colorado, and builds monetization infrastructure for SaaS, and AI companies. Its platform separates pricing and access control from application code and is built natively on Stripe Billing.

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