Subscript
Category: AI in Fintech
AI-driven revenue management tools that automate invoicing, revenue recognition, and analytics for B2B SaaS companies. Subscript was founded in 2021. The company is led by Sidharth Kakkar. Based in San Francisco, CA, USA. Team size: 50. Total funding raised: $21 million. Latest round: $15 million Series A. Key investors include Pelion, First Round Capital, Kapor Capital, Forum Ventures, Fresco Capital.
- Founded
- 2021
- Headquarters
- San Francisco, CA, USA
- Team size
- 50
- Total funding
- $21 million
Value proposition
Automates manual finance tasks and streamlines billing and revenue recognition processes, providing real-time insights and enhanced operational efficiency.
Products and solutions
AI-driven revenue recognition automation, Billing schedule creation, Invoice generation, Collections management, Integration with CRM, ERP, and payment processors
Unique value
Leverages artificial intelligence to automate traditionally manual finance tasks, delivering real-time revenue insights.
Target customer
B2B SaaS companies
Industries served
B2B SaaS, Subscription-based businesses
Technology advantage
Seamlessly integrates with existing business systems (CRM, ERP, payment processors) to accurately automate revenue recognition and billing processes using AI.
How they differentiate
Focuses exclusively on the unique billing and revenue recognition needs of B2B SaaS companies, offering tailored and automated solutions.
Main competitors
Wiselayer, Tabs, Rillet
Key partnerships
Integration with major systems such as Salesforce
Notable customers
Circle, Flipcause
Major milestones
Successful Series A funding Expansion of product offerings to meet growing demand
Growth metrics
Automated the entire revenue cycle for clients, serving 21 customers and tracking over $100 million in customer revenue.
Market positioning
Specialized solution for automating finance tasks in the B2B SaaS sector
Geographic focus
Primarily the United States
About Sidharth Kakkar
Sidharth Kakkar is a seasoned entrepreneur with a strong background in finance and management consulting. Before founding Subscript, he was the Co-Founder and CEO of Freckle Education, an ed-tech company that he grew to $40 million in annual recurring revenue before it was acquired by Renaissance Learning. His experience at Freckle, particularly the challenges in managing subscription metrics, directly inspired the creation of Subscript. Prior to his entrepreneurial ventures, he worked at Bain & Company and Goldman Sachs, where he honed his analytical and business strategy skills. He holds an MBA from the Kellogg School of Management and a BSE from Duke University.
Official website: https://www.subscript.com/