Polar, a Stockholm-based company, has raised $10M in seed funding led by Accel, with significant backing from prominent angel investors. Founded by Birk Jernström, Polar aims to streamline the complex billing landscape for AI-native SaaS and digital product companies. By providing billing infrastructure that handles sales tax and billing operations, it allows developers to concentrate on product innovation. With existing clients like Bolt AI and Midday, Polar is poised to establish itself as a key player in the monetization space for developers, emphasizing the integration of simplicity in modern SaaS billing.
"The reputation and traction that Polar already has in the developer community are extremely impressive, and it's exciting to partner with such an experienced, product-focused founder as Birk on this investment."
"There's a clear opportunity for Polar's open-source Merchant of Record to meet this need and become the best monetisation platform for developers."
Collection
[
|
...
]