Jan 26, 2025

Next-generation monetization platform HYPERLINE announced it has raised $10 million in a seed extension round led by Index Ventures to help small and medium-sized businesses transform revenue management.‍ The subscription economy has changed significantly as businesses adopt hybrid revenue models to create diversified income. And pricing and billing have become complex for modern companies. This trend towards more flexible pricing models clashed with the status quo in billing software. This has created a new market opportunity for Hyperline to step in with a new kind of platform, providing the simplicity buyers now expect. Scaling a business demands a strategic pricing approach, precise customer intent anticipation, and frictionless payments. Their customers lack flexibility on pricing models and have to work around outdated integrations and struggle to ensure data consistency across teams. Achieving this now depends on a billing platform that delivers effortless pricing, seamless workflows, powerful automation, and a comprehensive ecosystem of integrations. With this seed investment, Hyperline can now scale distribution to respond to millions more businesses and help them manage the entire revenue process with a single, automated platform. ‍Hyperline has seen early product market fit by delivering an end-to-end monetization solution that covers everything from contracts and quotes through to invoicing, subscriptions, payments reconciliation, and analytics while providing unlimited flexibility on pricing. This enables businesses to effortlessly manage established models while adopting significant trends such as AI features, usage-based models, and outcome-based pricing. Hyperline’s success is driven by its exceptional product quality and swift implementation process. Even though competitors often require months for integration, Hyperline consistently onboard new customers within a week, transforming a complex and time-consuming process into a smooth and hassle-free experience. ‍This funding round brings Hyperline’s total seed funding led by Index Ventures, followed by Adelie Capital, to over $14 million. And the company received its first tranche of seed investment ($4.4 million) in June 2023. In the 18 months since, the company’s client base has expanded by over 20 times, from a handful of early adopters to more than 150 small and medium-sized software and technology businesses, such as Infinit, Veesion, Gladia, Qobra, Ocus, and ScorePlay. The company now serves customers generating up to $100m ARR, offering compatibility with every currency and business model and the ability to bill customers worldwide. ‍Hyperline was launched in Paris in 2022 by Lucas Bédout and Clément Garbay, who previously worked together as VP of Engineering and Engineering Manager at Spendesk. At Spendesk, they witnessed firsthand the challenges and frustrations of integrating a billing system for a fast-growing SaaS company with complex pricing structures. At Hyperline, they have built a senior, seasoned team that includes fintech, engineering, and invoicing industry experts from companies including Pigment, Payhawk, and Payfit. KEY QUOTES: “The market is crying out for a new kind of monetization platform. Our team and product are in place and the feedback from customers is beyond expectations, so we’re excited to scale our distribution engine and extend our reach beyond the early adopters. Demand for a more flexible, automated revenue management solution is growing fast – especially as people realize the gains of our platform within just a few weeks.” Lucas Bédout, CEO of Hyperline “As a customer for 18 months, I’ve watched Hyperline evolve, and its value proposition has only grown stronger. Hyperline has a very short integration process and succeeded in removing the billing burden I experienced in my previous experiences. It was an obvious decision for us – one of my best decisions as a founder.”‍ ‍Jean-Louis Quéguiner, Founder of Gladia and Hyperline “Lucas is a special founder who is building Hyperline with an infectious sense of urgency and ambition. Together with Clément, he has formed a world-class team of fintech specialists whose combined track record of building products for small and medium businesses speaks for itself. This team is moving fast and responding to a real pain point faced everyday by these businesses. We’re excited to support them as they dig deeper into the market opportunity where the transaction volumes are in the trillions and growing.” ‍Julia Andre, Partner at Index Ventures Pulse 2.0 focuses on business news, profiles, and deal flow coverage.