Outreach Founder Launches Paid, an AI Agent Billing Platform, with €10M in Pre-Seed Funding

Manny Medina, founder of Outreach, has launched Paid, a new startup designed to help AI agent companies price, track, and profit from autonomous software workers. Based in London, Paid has emerged from stealth with €10 million in pre-seed funding from EQT Ventures, Sequoia, and GTMFund.

Unlike traditional billing models, Paid allows AI startups to charge based on outcomes, not users or usage, addressing a core challenge Medina observed in conversations across the agentic startup landscape. “They needed the ability to measure their margins,” he said. Paid also tracks agent performance, enabling validation of ROI. Current beta users include Logic.app, Artisan, and HappyRobot.

Featured image: Credit: Paid

James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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