Solvimon’s low-code, real-time platform allows companies to effortlessly implement usage-based, hybrid and other pricing models. On Solvimon, businesses can model complex pricing plans, monitor invoices in real-time and unlock insights into product usage to identify opportunities for revenue expansion and customer retention.
Unlike point solutions that solve specific problems in the billing process (metering, pricing or billing), Solvimon is unique in its ability to handle the entire monetisation process. This is end-to-end, from the point where sales teams generate deal terms, to where finance teams report on revenue. Having a single source of truth for all product pricing will unlock key business insights.
Kim Verkooij, co-founder and CEO of Solvimon, comments: “While there has been innovation in pricing and metering solutions, businesses are still underserved. Their options are patching together point solutions or entering the expensive and time-consuming process of building a homegrown billing solution. There is a clear need for a flexible, yet end-to-end billing platform. We’re really happy to be partnering with the Northzone team. They have studied the space deeply and understand the scale and urgency of the problem we’re solving. Their conviction meant that we could close the round in just two weeks and get back to building the business.”