AI-powered contract-to-cash automation for B2B SaaS
HQ: San Francisco, CA | Founded: 2024 | Employees: 3 | Stage: Seed | Website: https://dimely.com
Dimely provides an AI-powered contract-to-cash automation platform for B2B SaaS companies. The platform automatically extracts billing and revenue-impacting terms from contracts, purchase orders, and order forms. It handles contract-to-invoice conversion, overage calculations, revenue recognition (ASC 606), and invoice tracking. Integrates with NetSuite, Stripe, CRM, and data warehouses. Features a spreadsheet and Slack-native review interface with human-in-the-loop approval workflows. SOC 2 Type 2 compliant. Customers include Checkr and Airbyte. Founded in 2024 by David Pang (CEO) and Peter Sun (CTO). Pang led Business Operations at OneSignal (YC S11) where he was heavily involved with billing. He previously co-founded SheetWhiz (productivity tool for Google Sheets used by thousands of finance professionals). He graduated summa cum laude from Wharton (finance and accounting) and started his career as a tech PE investor at Silver Lake. Sun was founding Data Scientist at OneSignal where he built billing data infrastructure. He also co-founded SheetWhiz. He started his career at Meta building SMB advertiser onboarding. He graduated from University of Waterloo (Electrical Engineering). YC Summer 2024 batch. Raised $500K from Y Combinator. 3 employees. HQ in San Francisco, CA.
Dimely targets a painful and specific problem: contract-to-cash automation for B2B SaaS. The founding team has direct domain expertise from OneSignal where they lived the billing pain. They previously built SheetWhiz (17K+ finance users), showing they can build tools finance teams love. Customers like Checkr and Airbyte are good references. SOC 2 Type 2 is impressive for an early-stage company. Key risk: competing with incumbents like Zuora, Maxio, and Salesforce Billing, plus ERP-native billing modules.
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