Usage-based billing infrastructure for API companies
HQ: Santa Monica, CA | Founded: 2021 | Employees: 5 | Stage: Seed | Website: https://kable.io
Kable was a usage-based billing and API infrastructure platform for API-first companies. It handled API key generation and management, authentication, usage metering, billing calculation, invoicing, and customer-facing dashboards — all in a few lines of code. Designed for developer-facing SaaS products, data APIs, and any product with usage-based pricing. Founded in 2021 by Adam Sommer (CEO). Sommer spent 5 years as the billing lead at Hulu (both as Engineer and Product Manager) and also worked on the security team at Appian. He graduated with degrees in Computer Science and Public Policy from Duke University. Additional co-founders included Saul Gonzalez Fenollar (CFO) and others. YC Winter 2022 batch. Raised $2.65M seed round led by Matrix Partners with Y Combinator participating. HQ in Santa Monica, CA. Likely shut down or pivoted based on domain inactivity.
Kable addressed a real pain point for API-first startups — usage-based billing and API infrastructure that's notoriously hard to build. Founder Adam Sommer had strong domain expertise from 5 years leading billing at Hulu. Raised $2.65M from Matrix and YC. Key risk: competitive space with Metronome, Amberflo, and Stripe's increasingly sophisticated billing. Company may be winding down or pivoted.
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