Stigg Raises $17.5 Million in Series A
Stigg, a Tel Aviv, Israel-based provider of a unified monetization platform for engineers, has raised $17.5 million in Series A funding.
Stigg, a Tel Aviv, Israel-based provider of a unified monetization platform for engineers, has raised $17.5 million in Series A funding.
Investors
The round was led by Red Dot Capital Partners, with support from Unusual Ventures, Emerge Ventures, Redseed, and Cerca Partners, bringing Stigg’s total funding to $24M.
Red Dot Capital Partners is an Israel-based expansion and early-growth venture fund investing in breakout technology companies. Red Dot supports its portfolio companies in identifying and navigating expansion opportunities in fast-developing markets and within its LP’s networks and businesses, with a focus on Southeast Asia and Japan.
Stigg Use of Funds
The company will use the funding to fuel its global expansion and build its go-to-market organization in New York.
About Stigg
Stigg provides a unified monetization platform designed specifically for engineers. It helps companies manage and optimize their monetization strategies, particularly in the context of modern SaaS products and AI-powered features. Through a flexible API, Stigg enables businesses to implement granular access control, manage complex billing models, and deploy new pricing strategies quickly. It integrates with existing billing providers, CRMs, and product experiences. Stigg's platform is used by companies like Miro, Webflow, and PagerDuty.
Funding Details
Company: Stigg, Inc.
Raised: $17.5M
Round: Series A
Funding Date: December 2024
Lead Investor: Red Dot Capital Partners
Additional Investors: Unusual Ventures, Emerge Ventures, Redseed, Cerca Partners
Company Website: https://www.stigg.io/
Software Category: Monetization
