Announcing our $10M Seed Round led by @Accel alongside incredible angels 💫
It's never been easier to build & ship software.
But it's also never been harder to monetize it.
We’re building the open-source monetization platform to empower future one-developer unicorns. How? 🧵
Our AI Innovate series kicks off in Stockholm in just under two weeks. Have you secured your spot at the all-day hackathon with our partners @Lovable , @polar_sh, KTH AI Society and Hackathon Hub?
What are you waiting for? Come with an idea and build a real product in just one day! https://t.co/hdkuDJ2iy0
The winning team will receive a Future Founders prize package to take their projects to the next level...
Metered tiers are live on @polar_sh.
Set a free allowance, choose graduated or volume pricing, and cap spend per billing cycle. Flexible usage-based billing for whatever your product meters.
Devices, licenses, gigabytes, servers.
Your customer picks a quantity at checkout and pays for it up front. Volume or graduated tiers, your call. Change the number mid-period and we prorate the difference.
https://t.co/9aOp1fMNNX
Our ambition is to build the best (and most used) billing platform in the world.
So our focus is:
- 10x better AX/DX for billing than status quo [*]
- MoR is an opt-in feature vs our entire business
- BYOPSP
- Moving up market; VC backed applied AI startups as current ICP
We’re not settling for ”Just another MoR”, and we’ll look quite different 3, 6 to 12 months from now.
Never been more excited.
[*] More on this soon and what we’re cooking right now to rethink billing 👇
Today, we started prototyping a new approach to billing.
The concept is either a fools errand or a game changer; I’m willing to bet my career on the latter.
Fun challenges and times ahead.
What got us here, won't get us there.
Excited to be home from Berlin and execute on some core bets for the future. We're rethinking billing from scratch.
More soon.
We’re super excited to be partnering with @Accel, @Lovable and KTH AI Society for the AI Innovate Hackathon in Stockholm on September 16th.
Apply for the hacakthon today → https://t.co/zXYjdkek8F
Calling Europe’s Future Founders!
On 16 September, AI Innovate kicks off in Stockholm — the first stop in our new event series connecting the people shaping what comes next in AI.
As part of the event, we’re hosting a hackathon with support from our partners @Lovable , @polar_sh and KTH AI Society.
Applications are now open here: https://t.co/V4Xf68CHze
Bring your ideas. Build something ambitious. Meet fellow founders, builders and AI enthusiasts from across Europe.
What are you waiting for?
@hii_mohit@polar_sh@dodopayments Had a really good experience with @polar_sh team since we started using them from early on! Team is super responsive, and I think can happen to any business that hthere's time when you cannot reply to everyting super quickly, but would chose them any day again!
Payouts are held under review until the account is properly reviewed. We have a responsibility to make sure that transactions are legit & not a result of fraudulent activities, etc.
This is very common in the industry, and not unique for Polar.
Learn more here: https://t.co/AwOi0h8f19
Our AUP is a mix of things we don’t support due to 1) compliance & 2) too high risk (refunds/chargebacks)
This category falls within #2.
We worked with Jonathan after the fact to address these concerns immediately over the past 24h. Balancing ensuring we can operate within our risk boundaries, but without jeopardizing his success (it became viral quick). Requiring a lot of efforts that we cannot do at scale, but where able to do here given the situation at hand.
We always strive to correct and address issues or concerns with merchants when it falls under category #2 vs shut it down, if possible. That was the case here, but not at scale.
Reality is not binary, and in edge cases we do our best to maintain our requirements while avoiding irreversible consequences for merchants. It’s a hard line to walk sometimes. But in edge cases, I’d prefer to correct things with merchants if possible vs shut them down. That does not mean we’re able to open or change our policies at scale.
I hope that clarifies.
Our AUP is a mix of things we don’t support due to 1) compliance & 2) too high risk (refunds/chargebacks)
This category falls within #2.
We worked with Jonathan after the fact to address these concerns immediately over the past 24h. Balancing ensuring we can operate within our risk boundaries, but without jeopardizing his success (it became viral quick). Requiring a lot of efforts that we cannot do at scale, but where able to do here given the situation at hand.
We always strive to correct and address issues or concerns with merchants when it falls under category #2 vs shut it down, if possible. That was the case here, but not at scale.
Reality is not binary, and in edge cases we do our best to maintain our requirements while avoiding irreversible consequences for merchants. It’s a hard line to walk sometimes. But in edge cases, I’d prefer to correct things with merchants if possible vs shut them down. That does not mean we’re able to open or change our policies at scale.
I hope that clarifies.
Our AUP is a mix of things we don’t support due to 1) compliance & 2) too high risk (refunds/chargebacks)
This category falls within #2.
We worked with Jonathan after the fact to address these concerns immediately over the past 24h. Balancing ensuring we can operate within our risk boundaries, but without jeopardizing his success (it became viral quick). Requiring a lot of efforts that we cannot do at scale, but where able to do here given the situation at hand.
We always strive to correct and address issues or concerns with merchants when it falls under category #2 vs shut it down, if possible. That was the case here, but not at scale.
Reality is not binary, and in edge cases we do our best to maintain our requirements while avoiding irreversible consequences for merchants. It’s a hard line to walk sometimes. But in edge cases, I’d prefer to correct things with merchants if possible vs shut them down. That does not mean we’re able to open or change our policies at scale.
I hope that clarifies.
Our AUP is a mix of things we don’t support due to 1) compliance & 2) too high risk (refunds/chargebacks)
This category falls within #2.
We worked with Jonathan after the fact to address these concerns immediately over the past 24h. Balancing ensuring we can operate within our risk boundaries, but without jeopardizing his success (it became viral quick). Requiring a lot of efforts that we cannot do at scale, but where able to do here given the situation at hand.
We always strive to correct and address issues or concerns with merchants when it falls under category #2 vs shut it down, if possible. That was the case here, but not at scale.
Reality is not binary, and in edge cases we do our best to maintain our requirements while avoiding irreversible consequences for merchants. It’s a hard line to walk sometimes. But in edge cases, I’d prefer to correct things with merchants if possible vs shut them down. That does not mean we’re able to open or change our policies at scale.
I hope that clarifies.
3 → 17 employees in 1 year! ✨
This week, we're hanging out in Berlin & celebrating growing our fantastic team to 17 people, and planning out the next evolution of Polar.
We have big plans in store for the next few months.
We're hiring btw.