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Announced

Completed

Notion Capital led a $14m Series A round in m3ter.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Acquisition

Completed

Single Bidder

Payments / Commerce

Private Equity

Venture Capital

Friendly

Cross Border

Private

smart metering

United Kingdom

Synopsis

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Notion Capital, a venture capital investing firm focused on European SaaS and Cloud, led a $14m Series A round in m3ter, a pricing operations platform, with participation from Insight Partners, Union Square Ventures, and Kindred Capital. "I’m excited to announce our investment in m3ter. As pricing becomes a strategic priority for more software businesses, the one-size-fits-all approach looks increasingly obsolete. m3ter’s technology will power this transition towards more usage-based and intelligent pricing. Already, the company’s co-founders have laid solid foundations with an exceptional team and product, as well as deep engagement and alignment with their early customers and partners. We look forward to the bright future ahead," Jos White, Notion Capital General Partner.

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