Subscript Raises $15 Million Series A to Modernize Billing and Revenue Recognition for B2B SaaS CFOs

Revenue management at a growing B2B SaaS company is more complicated than it should be. Hybrid pricing models, customized deals, revenue recognition rules, and billing exceptions require finance teams to navigate layers of complexity—often with disconnected systems and manual processes that don’t scale.

At Subscript, we’re solving this by creating the revenue source of truth for modern CFOs. Our AI-powered platform automates billing, revenue recognition, and analytics, so that every invoice is accurate, every dollar is accounted for, and lean finance teams can move faster with confidence.

That’s why we’re excited to announce our $15 million Series A led by Pelion. Including previous investments from First Round Capital, Kapor Capital, Forum Ventures, and Fresco Capital, this brings Subscript’s total funding to date to $21 million.

Finance leaders at companies like Pave, AcuityMD, and EliseAI, rely on Subscript for automated billing, revenue recognition, B2B SaaS analytics, and dunning—all in one place. As more CFOs adopt Subscript, they’re proving that modern finance teams can move beyond outdated billing systems, rigid workflows, or spreadsheet-driven operations.

Strategic Finance Requires an Integrated Approach

Billing and revenue management should be scalable and predictable. But today, most finance teams are trapped in a cycle of manual reconciliation, missed invoices, and reactive problem-solving.

Without a unified solution, closing the books takes days instead of hours. And for SaaS companies preparing for fundraising or an acquisition, pulling together subscription and revenue data can become a full-time job.

That’s why modern finance leaders choose Subscript:

“Finance teams shouldn’t have to piece together spreadsheets and disconnected systems just to understand their revenue. Subscript gives them a single, intelligent platform to manage billing, revenue recognition, and insights, so they can operate with confidence, control, and clarity.”

Sidharth Kakkar, CEO of Subscript

“There’s no question that finance teams need more automation. More than that, they need a single source of truth that provides full visibility into their revenue. Subscript is solving this in a way that no other platform has, and we’re excited to support their continued growth.”

Chad Packard, Partner at Pelion

“I inherited a highly manual, homegrown billing process that wasn't built to handle the billing and revenue recognition nuances of the multi-product company we've become. It was a time-consuming process that added no value, but a mistake could be costly. After evaluating multiple options, we chose Subscript, and it's been transformative for my team, who have gained 10+ hours to perform value-added work and a source of truth we are confident in. With help from the Subscript team, we were up and running within 3 weeks, and they have shown continued commitment to our success.”

Mike Jannetty, VP, Finance at Scanifly
Subscript customer since 2023

Scaling the Revenue Source of Truth

With this funding, we’re expanding our AI-powered automation and enhancing our suite of modern, flexible software for SaaS finance teams.

We’re thankful to our customers for trusting us as their partner in revenue management. Your insights and challenges have continued to shape Subscript, and we look forward to growing alongside your business.

To every finance leader whose spreadsheet system is stretched to its limits, we’re building for you. If you’re ready to see how easy billing can be, let’s talk!