UserHub, a billing platform for business-to-business software companies, has secured $3.2 million in pre-seed funding led by 468 Capital. The New York-based startup aims to make modern and scalable monetization capabilities accessible to software businesses of all sizes.
Many SaaS companies, especially startups, may lack the resources to invest in user management and billing systems, which can hinder their ability to serve customers in all market segments and miss out on expansion revenue. UserHub aims to help these businesses unlock monetization capabilities typically reserved for larger products, allowing them to focus on developing their core offerings.
The company’s platform allows SaaS vendors to manage users, subscriptions and pricing in one place, working alongside authentication providers like Auth0 and billing systems like Stripe. Its platform includes self-service interfaces that integrate with a SaaS vendor’s core product, allowing end-customers to add team members, upgrade plans and manage licenses and credits.
The funding will expand UserHub’s engineering team, accelerate its product development and grow its customer base.