TLDR: Flexprice, a platform providing open-source billing and metering solutions for AI and agentic companies, has successfully raised $500,000 in pre-seed funding. The investment, led by TDV Partners, will be utilized to expand the engineering team, integrate with major payment gateways, and enhance its open-source offerings, addressing the growing need for flexible billing in the AI-first economy.
Flexprice, an innovative open-source billing and metering platform designed specifically for AI and agentic companies, announced today that it has secured $500,000 in pre-seed funding. The funding round was spearheaded by early-stage VC firm TDV Partners. Significant participation also came from a roster of seasoned operators and angel investors, including Brij Bhushan (Co-founder of magicpin), Gunjan Patidar, Ram Singla, and Pradyot Ghate (from Zomato’s leadership), Sandeep Gupta (Co-founder of Innovaccer), Akash Singh (ex-Co-founder of Observe.AI), and Harshit Dwivedi (Founder of Aftershoot).
The newly acquired capital will be strategically deployed to bolster Flexprice’s engineering team, accelerate integrations with widely used payment gateways such as Stripe, Adyen, and Razorpay, and further develop its open-source offerings. This move aims to establish Flexprice as a modern billing stack crucial for the evolving AI and agentic business landscape.
Founded in January 2025 by Manish Choudhary (CEO), Nikhil Mishra (CTO, formerly of Zomato), and Koshima Satija (formerly of Magicpin and Noise), Flexprice was established to tackle the complexities of building usage-based and hybrid billing systems for AI-native businesses. According to Manish Choudhary, CEO of Flexprice, ‘Today’s AI and Agentic teams need to move fast as the competition on product distribution goes up, ability to move fast with pricing and scalable billing plays a critical role. Flexprice is built to ensure pricing, packaging and billing are never a bottleneck.’
The company addresses a critical gap in the market, as traditional billing tools often fall short in meeting the dynamic, metered requirements of AI and API-first business models. This often forces engineering teams to dedicate months to building and maintaining complex infrastructure for metering, entitlement gating, usage aggregation, and billing logic, diverting resources from core product development. Flexprice offers a modular billing layer with a plug-and-play architecture, enabling companies to launch and scale various pricing models—including pay-as-you-go, credits, seats, or volume tiers—without extensive engineering effort.
The total addressable market (TAM) for modern AI billing infrastructure is estimated at $4 billion, with a projected 20% CAGR, driven by the rapid expansion of generative AI, API platforms, and real-time analytics. Flexprice is targeting both the more than 70,000 ‘AI-native’ startups globally and large enterprises seeking to evolve their AI monetization strategies. Nikhil Mishra, CTO of Flexprice, emphasized the company’s vision, stating, ‘We believe open infrastructure is the future. Our goal is to make modern billing accessible, composable, and cost-effective – whether you’re an early-stage AI startup or a scaling business.’
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Flexprice is already collaborating with early-stage AI companies developing LLM tools, search infrastructure, and real-time analytics engines, and its client roster includes Wizcommerce, Simplismart, ThePubLive.com, and Verniq.ai. Ujwal Sutaria, General Partner at TDV Partners, commented, ‘We believe Flexprice is solving a fundamental infrastructure gap in the monetization stack for AI and Agentic companies.’
