Stigg
Platform that enables software companies to be nimble in their pricing and packaging.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $17.5m | Series A | |
| Total Funding | 000k | ||
| USD | 2022 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Stigg is a forward-thinking startup that aims to revolutionize software monetization. The company provides a platform designed to help software-as-a-service (SaaS) businesses optimize their pricing and packaging strategies. By introducing speed and agility into these operations, Stigg enables its clients to see faster growth and better revenue optimization.
Stigg primarily serves B2B (business-to-business) software companies, helping them manage and monetize their software offerings more effectively. The platform allows businesses to create flexible pricing models, manage customer entitlements, and handle billing seamlessly. This is particularly beneficial for SaaS companies that need to adapt quickly to market demands and customer needs.
The market Stigg operates in is the B2B software industry, which is currently experiencing a significant shift towards consumer-like experiences. This trend, known as the consumerization of B2B software, means that business software is increasingly expected to be as user-friendly and flexible as consumer software.
Stigg's business model is based on a subscription service. Companies pay for access to Stigg's platform, which provides them with the tools and analytics needed to optimize their pricing and packaging strategies. This subscription model ensures a steady revenue stream for Stigg, while also providing value to its clients by helping them increase their own revenue.
The company makes money by charging its clients a subscription fee for using its platform. This fee can vary based on the level of service and features required by the client. Additionally, Stigg may offer premium features or add-ons that can be purchased separately, further enhancing its revenue potential.
In summary, Stigg is a game-changer in the B2B software market, offering a platform that helps SaaS companies optimize their pricing and packaging strategies for better growth and revenue. By focusing on speed, agility, and consumer-like experiences, Stigg is well-positioned to make a significant impact in the industry.
Keywords: software monetization, SaaS, B2B, pricing optimization, packaging strategies, customer entitlements, billing management, subscription service, revenue growth, consumerization.