{"data":{"type":"company_profile_ai","id":124035,"entity_id":"wefunder:company:124035","attributes":{"canonical_url":"https://wefunder.com/lotusprivate","retrieval_urls":{"canonical":"https://wefunder.com/lotusprivate","json":"https://wefunder.com/lotusprivate.json","markdown":"https://wefunder.com/lotusprivate.md","ai_json":"https://wefunder.com/lotusprivate.ai.json","ai_text":"https://wefunder.com/lotusprivate.ai.txt","changelog_json":"https://wefunder.com/lotusprivate.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-22T05:03:39Z","generated_at":"2026-06-22T15:35:16Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":false,"privacy_mode":"unlisted","invite_only":false},"company":{"id":124035,"entity_id":"wefunder:company:124035","slug":"lotusprivate","name":"Lotus (YC S22)","tagline":"Automating custom usage-based pricing for businesses.","location":"San Francisco, California","website":"https://www.uselotus.io/","total_amount_raised":36502,"total_investors":53,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 36502","citation":"https://wefunder.com/lotusprivate#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:39Z","as_of":"2026-06-22T15:35:16Z","confidence":"high"},"observed_at":"2026-06-22T05:03:39Z","expires_at":"2026-06-23T05:03:39Z"},{"claim_id":"claim-total-investors","text":"Total investors: 53","citation":"https://wefunder.com/lotusprivate#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:39Z","as_of":"2026-06-22T15:35:16Z","confidence":"high"},"observed_at":"2026-06-22T05:03:39Z","expires_at":"2026-06-23T05:03:39Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 36502","citation":"https://wefunder.com/lotusprivate#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:39Z","as_of":"2026-06-22T15:35:16Z","confidence":"high"},"observed_at":"2026-06-22T05:03:39Z","expires_at":"2026-06-23T05:03:39Z"},{"claim_id":"claim-total-investors","text":"Total investors: 53","citation":"https://wefunder.com/lotusprivate#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:39Z","as_of":"2026-06-22T15:35:16Z","confidence":"high"},"observed_at":"2026-06-22T05:03:39Z","expires_at":"2026-06-23T05:03:39Z"}],"company_claims":{"tagline":"Automating custom usage-based pricing for businesses.","story":"Lotus is an open-core pricing and billing engine. We enable API companies to automate their custom usage-based pricing for any metric. Rather than guess on how to charge their customers, Lotus provides companies with powerful new tools from metering to invoicing to testing new pricing.Our team met at MIT studying Forward looking projections cannot be guaranteed.Our self-hosted software is free on GitHub, and we offer a paid cloud version and enterprise tier for support.Our Lead InvestorNantuket Ventures is our Lead Investor, investing $1,000 at these terms. Here's what they said about the investment:As an early-stage investor you occasionally have the good fortune of backing a company solving a big, relevant problem in the market. Other times you get to work with a founder that has had success in other areas of their life and is working on their first startup. However, rarely do you get the opportunity to be invested in both sides of the coin. This opportunity is exactly what Nantucket Ventures saw in this pair of formidable MIT CS grads taking on the massive challenge of usage-based SaaS pricing.","quick_facts":["Team of former quants from MIT","From first commit to launch in 3 months","$900k raised","3 design partners already secured"]},"computed_metrics":{"total_amount_raised":36502,"total_investors":53,"team_size":2,"featured_investor_count":1,"faq_count":1,"recent_post_count":0},"quick_facts":[{"claim_id":"claim-fact-1","value":"Team of former quants from MIT","citation":"https://wefunder.com/lotusprivate#claim-fact-1","observed_at":"2026-06-22T05:03:39Z","expires_at":"2026-06-29T05:03:39Z"},{"claim_id":"claim-fact-2","value":"From first commit to launch in 3 months","citation":"https://wefunder.com/lotusprivate#claim-fact-2","observed_at":"2026-06-22T05:03:39Z","expires_at":"2026-06-29T05:03:39Z"},{"claim_id":"claim-fact-3","value":"$900k raised","citation":"https://wefunder.com/lotusprivate#claim-fact-3","observed_at":"2026-06-22T05:03:39Z","expires_at":"2026-06-29T05:03:39Z"},{"claim_id":"claim-fact-4","value":"3 design partners already secured","citation":"https://wefunder.com/lotusprivate#claim-fact-4","observed_at":"2026-06-22T05:03:39Z","expires_at":"2026-06-29T05:03:39Z"}],"latest_fundraise":{"id":71219,"entity_id":"wefunder:fundraise:71219","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2022-12-21T01:25:17Z","funding_closed_at":"2023-01-31T05:01:24Z"},"investor_memos":[],"team":[{"id":3137377,"entity_id":"wefunder:company_role:3137377","name":"Mikael Nida","title":"Co-Founder \u0026 CEO","role":"founder","profile_url":"https://wefunder.com/mikael.nida"},{"id":3142249,"entity_id":"wefunder:company_role:3142249","name":"Diego Escobedo","title":"Co-Founder \u0026 CTO","role":"founder"}],"featured_investors":[{"id":4912,"entity_id":"wefunder:company_investor_profile:4912","name":"Nantucket  Ventures","bio":"Nantucket Ventures aims to identify and accelerate the most compelling alternative investment opportunities.","profile_url":"https://wefunder.com/alainglanzman"}],"relationships":[{"source_entity_id":"wefunder:company:124035","relation":"has_team_member","target_entity_id":"wefunder:user:2779456","target_url":"https://wefunder.com/mikael.nida"},{"source_entity_id":"wefunder:company:124035","relation":"has_team_member","target_entity_id":"wefunder:company_role:3142249"},{"source_entity_id":"wefunder:company:124035","relation":"has_featured_investor","target_entity_id":"wefunder:user:2779449","target_url":"https://wefunder.com/alainglanzman"},{"source_entity_id":"wefunder:company:124035","relation":"has_latest_fundraise","target_entity_id":"wefunder:fundraise:71219"}],"faq":[{"question":"Hi - 1) Have you signed any customers since launching the product in Oct? If so, what is the current MRR? 2) Are there any direct competitors in the space? What are your advantages? 3) Why did you decide to start/build Lotus? 4) Have any VC's invested (other than YC)? Please a...","answer":"Hi! 1) Yes we started signing on customers last month after months of Q/A and promoting the opensource project which we got to 500+ stars. We are still under 10k MRR and looking to close that around March. 2) Yes there are direct competitors, however we offer an open-core approach built on customization and in addition pricing \u0026amp; packaging experimentation, which are defining characteristics/features of Lotus. 3) We came from a background of data-driven pricing, and think there is a massive..."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-22T15:35:16Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:39Z","as_of":"2026-06-22T15:35:16Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:39Z","as_of":"2026-06-22T15:35:16Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T15:35:16Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T15:35:16Z","confidence":"medium"}}}}}}