Manny Medina, who was previously best known as the founder of Sales Automation Startup Outreach ($ 4.4 billion valuation), WOWD investors with her young startup have paid.
Paid just closed an OversuberBscressed $ 21.6 million rounds led by LightSpeed. With the 10 million euros before seeds it was erected in March, London-based paid has already paid $ 33.3 million and has not even hit its Serie A yet. A source familiar with the agreement says the valuation of the startup is over $ 100 million.
Paid came out of Stealth in March and offers an interesting contribution to the AI ​​agent’s world: The company did not offer agents. It offers a way for agent manufacturers to charge their customers for these worker algorithms, based on the value their agents deliver. This is a growing theme in AI, sometimes called “result -based billing.”
Paid Prommed to help agent manufacturers “start charging Fort in margin hidden by their customers,” Medina describes.
It is a new way of charging software to the AA age. This is the intestine for the unlimited use, fees per day. Uses in the SaaS era or the unlimited use, buy-on-and-install-it fees for the customer/server era.
Per-U-Muser fees do not work because agent manufacturers pay fees to model providers as well as to sky providers. Unlimited use could lead them into the red. (The Vibe Coding Startup World has a tendency to suffer from this question.)
Agent providers Intead “need to show the value that the agent delivers to your customers because agents run in the background for the most part,” Medina Tent TechCrunch. If agents act as advertised, they will be awarded tirelessly more, with their growing workload Goong unlisted.
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“If you have a quiet agent, you won’t get paid,” says Madina. “You need an infrastructure that allows the agent to charge for the extra work that the agent performs,”
But charges a monthly fee for a limited number of credits that follow against model manufacturers and vibe-coders-are also risky for agent manufacturers. That’s because companies won’t pay for AI slop, which is still what most AI produces. After billions used on pilots, it turned out that approx. 95% of the company projects had no value, with only 5% put into production, according to the recent survey from MIT.
Companies donate to pay agents to produce more E emails that no one reads.
For example, one of the early customers of the startup is Artisan, the viral sales automation start. (Too Other, you can hear Craftsman’s Ceso Jaspar Carmichael-Jack talk about the topic of TechCrunch Disrupt next month.)
But paid also begins to see success with Saa’s companies looking at agents for their next big growth. The startup just landed the ERP supplier as a new customer, it says.
Lightspeeds Alexander Schmitt says the venture company has been invested “more than $ 2.5 billion in the infrastructure and application layer for the past three years,” and has witnessed firsthand that most AI AI Pilots fail.
“The essence of this problem is that no one can really associate value with what agents do today,” Schmitt said.
Schmitt believes that paid paid is so far unique in its approach and says “It’s something we haven’t seen anyone else build.” Without a doubt, there will be more competition for agent result -based invoicing if it really needs to help agents get into the workforce in mass.
New Investor Security and Existing Investor EQT Ventures also participated in the round.