“Companies have been cutting spend on ‘nice-to-have’ software, but we’re seen as a core driver of revenue opportunities for our customers. The rise of AI has also been a big factor (many AI companies are adopting usage-based models), as has the desire from companies to move away from pure subscription and seat-based models to more hybrid and usage-based approaches.”

https://techcrunch.com/2024/01/31/metronomes-usage-based-billing-software-finds-hit-in-ai-raises-43m-in-fresh-capital/