Exclusive: Schematic Raises $6.5M To Help Companies Update Their Pricing Faster And Easier In The AI Era
Schematic, a startup that aims to simplify pricing and packaging for software and AI companies, has raised $6.5 million in seed funding, it tells Crunchbase News exclusively.
S3 Ventures led the financing, which included participation from MHS, Active Capital, NextView Ventures and Ritual. It brings Boulder, Colorado-based Schematic’s total funding since its 2023 inception to $12 million.
Schematic builds entitlements and enforcement infrastructure for SaaS and AI companies. Put more simply, it serves as a digital gatekeeper for software and AI companies. For example, if a company’s sales team wants to give a major client a special discount or extra storage, they have to ask an engineer to go in and “move the walls.” The process can be slow, expensive and tedious.
That’s where Schematic comes in. It essentially acts like a universal remote control for a company’s features.