Topics
late
AI
Amazon
Image Credits:Paid
Apps
Biotech & Health
Climate
Image Credits:Paid
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
Fundraising
Gadgets
Gaming
Government & Policy
Hardware
layoff
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
place
Startups
TikTok
Transportation
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
As the twelvemonth of the AI agent takes form , a Modern movement is go forth : startups offer the pick and power shovel that serve employers build a workforce of bots .
Manny Medina , advantageously be intimate as the founder and former CEO of the $ 4.4 billion rate sale automation ship’s company Outreach , just launched one such startup call Paid , he tell TechCrunch solely . Paiddoesn’t make AI agent . It offers a platform that ensure they get make up , profitably . Paid harbinger Monday that it raised € 10 million ( about $ 11 million ) in a pre - seed investiture from European powerhouse EQT Ventures , Sequoia , andGTMFund .
Medina do up with the idea for Paid after pass month talking to dozens of agentic platform inauguration . In these conversation , a vulgar complaint emerged . “ They did n’t really recognise what to charge , ” Medina told TechCrunch .
The premise of Paid is that the old ways of charging for software wo n’t bring with AI agents . Agentic companies ca n’t charge per drug user or per hind end , meaning based on how many mass are using the software system ( like onetime - school Microsoft Office ) . The whole compass point is that one employee could run lots of agents . Or agent will lam by themselves with no human superintendent at all .
Companies developing AI agents also ca n’t charge like the last big generational change in computer software , SaaS , rouse by custom because , if agents wreak in good order , they “ are taking over a whole function , ” Medina says .
An agent ’s customer does n’t need to pay for all the discrete labor an agent does — if it even knows them all , he allege . They want to pay for its resultant role , like an employee . So if an agentive role is hired in indemnity and the role ’s succeeder is measured in completed insurance policy renewals , a society does n’t need to bear for each e-mail the broker sent .
At the same clip , the costs associated with provide agents are varying , depending on how many LLM tokens it needs to execute its training and its tasks .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
“ So how do you help them price for the line that they ’re delivering ? ” Medina said of the startup offering agent . “ They needed the ability to try new things with different client . They involve the power to appraise their margins . ”
Billing meets HR management
factor are so new that inauguration have n’t had to deal with processes that provide profitable billing , let alone renewals . Paid allows agentic startups to make pricing — fixed or variable — with an middle to profitable allowance .
In doing so , it also tracks agents ’ production , which also lets inauguration validate the rejoinder on investment .
It ’s the AI factor era version of Zuora ( SaaS renewal billing package ) meets SuccessFactors ( SaaS hour management software ) .
The Paid chopine is being marketed to inauguration , rather than enterprises like Salesforce and Microsoft , which are also offering agentic platform . Paid has three such companies as beta customers , it says : Logic.app , 11x , VidLab7 , Artisan , and HappyRobot .
“ broker are supplant roles , human roles , not the entire job , but intact role , ” Medina says .
He ’s also practicing what he preaches , using AI to work up this new inauguration . give railroad engineer vibration taunt the initial mathematical product demonstrate with tools like v0 , Replit , and Lovable .
“ This is what is so much playfulness about build a party right now . We have two engineer , and we have build the entirety of the building platform in a calendar month . Why ? Because we work up everything on AI , ” he said .
Medina has experience building companies from nothing . The former Microsoftie , who has been a well know part of the Seattle tech setting for X , took Outreach from $ 0 when he found it in 2011 to 800 employee and $ 250 million in annual recurring revenue by the time he left the CEO role in September .
Medina go forth the executive chairman role in March , though he remain on the board . He , and Paid , are now based in London .