Parry: m3ter structures deals as minimum commitments with generous usage allowances
Griff Parry · 51 year old dad raises $31.5m to help companies do meter based billing · Mar 7, 2024 · at 11:26
Griff Parry, co-founder of billing platform Meter, explains how the company structures its own pricing models for enterprise customers.
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“Our deals typically are under underneath the hood. They're usage based. But the way they work is that our customers make a minimum commitment to us. And that involves generous allowances of those usage vectors. And if they exceed them, they pay overages. But so it, It's quasi fixed recurring, but with a usage based call.”
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