Paid, an AI agent startup, has raised $21.6 million in a seed round led by Lightspeed. The London-based startup recently raised €10 million ($11.7 million) in a pre-seed round, meaning the company has raised $33.3 million and hasn’t even reached its Series A yet. The startup’s valuation exceeds $100 million, according to a source familiar with the deal, as reported by TechCrunch. The startup was founded by Manny Medina, the Ecuador-born founder and former CEO of Outreach, a $4.4 billion sales automation company. What is Paid? Paid differs from other
Manny Medina, founder and former CEO of Outreach, has launched a new startup called Paid, according to TechCrunch. Based in London, Paid helps companies manage monetization and billing for their AI agents. “AI agents are growing fast, but all face a critical challenge: how to monetize and capture the value they create?” Medina wrote on LinkedIn. He added, “With just a few lines of code, AI builders can focus on creating amazing agents while we handle the business engine behind them.” So far, Paid has raised $11 million in a
