The AI-native billing platform
Billing shouldn't suck
Getting paid should be the easy part. But billing systems make it hard. For the longest time, you had to buy a third-party black box or waste time constructing your own billing. Lago fixes that.
It's not a problem that goes viral on social media, but it's ubiquitous in tech companies.
At one of Europe's biggest fintechs, we saw the “billing nightmare”: 10+ full-time engineers worked on billing alone. Product grew frustrated because pricing took months. Finance labored in spreadsheets they shouldn't need.
Nobody talked about this common issue: Bad billing systems block projects, frustrate teams and devour resources better spent on innovation.
But what options are there? Building your own system is a nightmare. Third-party systems become black boxes that cause more work than they save.
We wanted to solve billing, and open-source became the obvious choice. You should have full transparency and control your financial infrastructure without sacrificing the feature set of a market-leading vendor. That's how Lago was born.
Millions of invoices later, we're happy to support emerging and established leaders on billing so they can focus on building, not billing.
Anh-Tho Chuong
CEO & co-founder at Lago
Raffi Sarkissian
CPO & co-founder at Lago
A few facts
#1
Open-Source Billing Platform
$22M
Raised from tier 1 investors
$829M
of invoices issued monthly
Lago serves the most innovative companies on the planet
Built for the best
Backed by the best
Our backers include highly accomplished venture firms and some of the world’s most exceptional founders and product builders.
Firstmark
SignalFire
Y Combinator
Arthur Waller
Cofounder, Pennylane
Clément Delangue
Cofounder & CEO, Hugging Face
Elena Verna
Growth, Lovable
Julien Codorniou
General Partner, 20VC
Kamil Mouhid
Senior Director of Product, Toast
Meghan Gill
ex-SVP, MongoDB
Philippe Teixeira Da Mota
Co-Founder, Shapers
Romain Huet
Head of Developer Relations, OpenAI
Lago in the media
Don't just take our word for it.