Paid AI Agent Startup From Manny Medina Raises $21M Seed
Paid, the AI agent ‘results-based billing’ startup from Manny Medina, raises huge $21M seed round.
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Paid AI Agent Startup From Manny Medina Raises $21M Seed
Manny Medina, the well-known founder of sales automation giant Outreach, is back with another bold bet in AI. His new venture, Paid, the AI agent ‘results-based billing’ startup from Manny Medina, raises huge $21M seed , capturing the attention of top investors eager to back a fresh approach to the AI economy. Image Credits:Paid Paid just closed an oversubscribed $21.6 million seed round led by Lightspeed Venture Partners. This follows a €10 million pre-seed raised in March, bringing Paid’s total funding to $33.3 million —a massive feat before even hitting Series A. Sources familiar with the deal put the company’s valuation at over $100 million . What Makes Paid Different? While most AI startups focus on building agents, Paid takes a different route . Instead of creating the agents themselves, it powers the business model behind them. Paid helps AI developers charge customers based on the real-world value their agents deliver , a concept known as results-based billing . Medina explains it simply…
