Cheddar

Cheddar is a **Financial Services**, **Payments**, and **SaaS** startup based in the United States, founded in **2009**. Their slogan, "Subscription and Usage-based billing software", encapsulates their approach to solving billing challenges. Cheddar's unique usage-based billing model drastically reduces the time required to integrate monetization into products, potentially saving companies up to 90%. This approach applies to various billing models such as metered, one-time, subscription, or combinations thereof. By simplifying the complexities of billing and collections through a few API calls, Cheddar manages pricing, processing, underwriting, SaaS metrics, customer communications, and revenue optimization. In **2017**, Cheddar secured a **$1.25M** Seed Round investment from a consortium of investors including **Connetic Ventures**, **Cultivation Capital**, **M25**, **Elevate Ventures**, **Harbor Street Ventures**, **SixThirty**, **Warhawk Ventures**, and **Little Engine Ventures**. Notably, Cheddar is a portfolio company of SproutBox, a team of product developers, creatives, and business experts dedicating their talent to startups with high growth potential in exchange for equity. Cheddar's innovative billing solutions, backed by recent investment, position it as a compelling player in the subscription and usage-based billing software space.