Founder Interview Video
How m3ter Raised $31.5M to Power Usage-Based Billing for Companies Doing $50M+ ARR (Interview with CEO Griff Parry)
Chapters
- 0:00Introduction and Overview of m3ter
- 1:38Where m3ter Fits in the Usage-Based Pricing Ecosystem
- 3:05How m3ter Works: Capturing Usage and Calculating Bills
- 4:03Customer Example: SIFT and Usage-Based Billing Complexity
- 6:24Target Customer Profile: $50M ARR and Above
- 8:51Founding Story: GameSparks, AWS, and the Origin of m3ter
- 10:54m3ter's Own Pricing Model and Minimum Commitments
- 16:22Total Funding Raised and the Decision to Take VC Capital
- 17:44Team Size and Engineering-Heavy Culture
- 19:20Founder Roles: Griff as Strategist, John Griffin as CRO
- 21:59Valuation Pressure and Runway