Open-source billing and metering platform Flexprice raises $500,000

Flexprice, an open-source billing and metering platform for artificial intelligence (AI) and agentic companies, has raised $500,000 in a funding round led by early stage VC firm TDV Partners.

The round also saw participation from angel investors including cofounder of Magicpin Brij Bhushan, cofounder of Innovaccer Sandeep Gupta and founder of Aftershoot Harshit Dwivedi, among others.

“Today’s AI and agentic teams need to move fast as the competition on product distribution goes up. The 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,” Manish Choudhary, CEO of Flexprice, said in a prepared statement.

Amid a rise in generative AI and API platforms, and real-time analytics, Flexprice claims legacy billing tools are unable to meet the needs of metered AI and API-first business models.

“A lot of the funding will be used to build our product really well,” Choudhary told ET. “The plan is to build a robust product and infrastructure and at the same time focus on the distribution on the developer side which includes scaling up the open source.”

Beyond its open source and self-hostable architecture for billing, Flexprice offers support for several pricing models including pay-as-you-go, credits, seats, or volume tiers. It also offers real-time analytics dashboards and invoice visibility for customers and internal teams. Some of the clients of Flexprice include Wizcommerce, Simplismart, ThePubLive.com, Verniq.ai among others.

Flexprice was founded by Choudhary in January 2025 along with Nikhil Mishra, who is the CTO with earlier experience of software development at Zomato, and Koshima Satija, who has previously worked with Magicpin and Noise.

“We believe Flexprice is solving a fundamental infrastructure gap in the monetization stack for AI and Agentic companies,” said Ujwal Sutaria, General Partner at TDV Partners, in a statement.

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