Lightspeed Venture Partners led a $21.6m seed funding round in Paid.

Lightspeed Venture Partners, which operates as a venture capital firm, led a $21.6m seed funding round in Paid, the company building critical infrastructure to grow the AI agent economy, with participation from FUSE, a technology company specializing in early-stage investments in vertical software and embodied AI, and EQT Ventures, a venture capital firm investing in seed to later-stage companies, with a focus on information technology and SaaS sectors. "Companies are turning to AI agents as their path back to sustainable growth, but today's infrastructure wasn't built for an agent-first world. The traditional 'per seat' model of paying for software doesn't make sense when the software is eliminating seats. We need an entirely new model. With Paid, we're building the foundation that will power the AI agent economy and help companies navigate this critical transition." Manny Medina, Paid CEO and Founder.