US fintech giant Stripe has agreed to acquire Metronome, a billing start-up founded by former Dropbox engineering director Scott Woody in 2019. The financial terms of the agreement have not been disclosed.
Metronome provides tools for managing billing, pricing, and revenue operations for businesses using cloud-based systems, with clients including OpenAI, Anthropic, Databricks, Confluent, and Nvidia.
The company has raised $128 million in total funding to date from institutional backers including Andreessen Horowitz, General Catalyst, and New Enterprise Associates, which led a $50 million Series C for Metronome in February.