Bessemer backs SaaS platform that automates billing workflows

Zenskar, a startup that is aiming to help SaaS companies automate their billing workflows, has raised $3.5 million in a seed funding round.
Headquartered in New York and Bengaluru, Zenskar is building a platform for SaaS companies to generate bills for their complex pricing plans — whether they are based on usage-based pricing, subscriptions, nuanced discounts, credits, custom currencies, prepaid or ramp deals.
Apurv Bansal, co-founder of Zenskar, said in an interview that 10 to 15% of SaaS companies today have moved toward a consumption-based pricing model on customers’ demand because o

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