
Lago
7.5#2 in usage-based billing softwareFree planFree planWebAPISelf-hosted
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| Fact | Lago | Recurly |
|---|---|---|
| Client portal | Yes | Yes |
| Free plan | Yes | No |
| Funding news | Lago announced on March 14, 2024 that it had raised $22 million led by FirstMark, with participation from Y Combinator, New Wave and Script. | Recurly announced a $19.5 million funding round led by F-Prime Capital on October 1, 2019. |
| Multi-currency invoicing | Yes | Yes |
| Online payments | Yes | Yes |
| Payment reminders | Yes | Yes |
| Pricing models | The platform supports consumption pricing, prepaid credits, usage allowances, subscriptions and hybrid plans. | The platform supports recurring, one-time, usage-based and hybrid pricing without custom code. |
| Rating on G2 | 0.0 out of 5 from 0 reviews. | 4.1 out of 5 from 227 reviews. |
| Rating on GetApp | 0 out of 5 from 0 reviews. | 4.6 out of 5 from 62 reviews. |
| Rating on TrustRadius | 6 out of 10 from 1 review. | 8.1 out of 10 from 48 reviews and ratings. |
| Recurring invoices | Yes | Yes |
Lago describes its users as engineering, product, finance, and operations teams, including fast-growing AI companies and global enterprises. It may suit teams that need to bill for metered product usage or combine usage with subscriptions and prepaid balances.
Businesses that bill customers on subscriptions and need recurring invoices, online payments, reminders, currency support and a client portal.