HomeFrance-StartupsHyperline raises €9.7 million to meet skyrocketing demand for automated billing solutions

Hyperline raises €9.7 million to meet skyrocketing demand for automated billing solutions

Paris-based Hyperline, a monetisation platform focused on revenue management, has raised €9.7 million in a seed extension round led by Index Ventures, bringing its total funding to €13.6 million, in order to scale its distribution network.

CEO Lucas Bédout said: “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.”

Founded in 2022 by former Spendesk engineers Lucas Bédout and Clément Garbay, the company aims to simplify revenue operations for small and medium-sized enterprises (SMEs) by automating pricing, billing, and payment processes.

The company’s leadership team brings significant expertise from their time at Spendesk, Payfit, and Pigment. Their understanding of the challenges SaaS companies face when integrating billing systems has informed Hyperline’s approach to creating a platform tailored to CFOs’ needs.

Clients like Jean-Louis Quéguiner, founder of Gladia, have praised the company’s efficiency: “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.”

The funding follows a substantial period of growth for Hyperline. In just 18 months, the startup has expanded its client base by 20 times, serving over 150 software and technology businesses worldwide.

Companies generating up to €97 million ARR, including Infinit, Veesion, Gladia, Qobra, Ocus, and ScorePlay, rely on Hyperline for billing solutions compatible with any currency and pricing model. This surge in adoption could indicate the market’s need for flexible, streamlined solutions tailored to modern revenue complexities.

Hyperline’s solution offers end-to-end functionality, covering everything from contracts and quotes to invoicing, subscription management, and analytics.

Hyperline argues that their platform is unlike other competitors as it achieves rapid implementation, onboarding new clients in less than a week—a stark contrast to the months-long integrations often associated with legacy systems.

Julia Andre, Partner at Index Ventures, added: “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.”

David Cendon Garcia
David Cendon Garcia
David is the news editor at EU Startups. David has a background in EU journalism and policy, as well as a broader background in communications. He is passionate about driving the tech and startup sector forward and in promoting quality and meaningful journalism.
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