Market Research Report: m3ter
Company Overview
- Company Name: m3ter
- Mission: Help software companies successfully operationalize advanced usage-based pricing strategies to realize the full potential of their business.
- Founded: 2020
- Founders: John Griffin and Griffin Parry
- Headquarters: London, United Kingdom
- Number of Employees: 11-50
- Key People:
- John Griffin, Co-Founder
- Griffin Parry, Co-Founder
- Revenue: No information is available
- What the Company is Known For: Revolutionizing usage-based billing for B2B software scale-ups by automating complex bill calculations and integrations.
Products
Product Offerings
1. Usage-based Billing Platform
- Description: The platform automates bill calculation for B2B software companies, which simplifies usage-based and hybrid pricing strategies.
- Key Features:
- Automates complex bill calculations.
- Integrates seamlessly with existing systems like CRM and ERP.
- Enables real-time metering and usage tracking.
- Facilitates pricing model flexibility and scalability.
- Offers robust support infrastructure and expertise to help with pricing transformations.
2. Billing & Invoicing Software
- Description: Manages complex pricing by automating the bill calculation and streamlining billing cycles.
- Key Features:
- Fits flexibly into existing architectures.
- Reduces revenue leakage and billing errors.
- Supports multiple pricing models, including hybrid and usage-based.
- Provides detailed and aggregated usage, billing, and prepayment reports.
- Enhances customer experience with streamlined billing operations.
Recent Developments
- Recent Developments:
- No specific product names are introduced, but there have been enhancements in current offerings and system integrations.
- New Products or Features:
- NetSuite Integration: Streamlines billing operations, enabling automated, accurate, and easy-to-understand invoicing.
- Salesforce Connector Enhancements: Provides customer-facing teams with a 360-degree view of usage data and bills, facilitating informed customer interactions.
- New Partnerships:
- m3ter has been featured and trusted by companies such as ClickHouse, Onfido, and Sift, highlighting collaborations that support advanced pricing strategies.
Company Communication and Outreach
- Engagement: Actively involved in educational endeavors offering blogs, guides, and webinars related to pricing strategies, operations, and innovations to help businesses optimize their pricing decisions.
- Recent Highlights:
- Announced multiple successful case studies, such as ClickHouse's faster product launches and Regal's significantly reduced billing times.
- Featured in press releases as a rising leader in usage-based billing solutions, backed by substantial investments and a formidable team.
This report presents a comprehensive view of m3ter's current status, product capabilities, and recent strategic advances, characterizing it as a pivotal player in the software and SaaS billing solution space.