London-based AI infrastructure company Paid has raised $21.6 million in a seed funding round led by Lightspeed Venture Partners, with participation from FUSE and EQT Ventures.
The funding will support Paid’s mission to help developers and businesses build, scale and monetize autonomous AI agents, which are expected to reshape how work is done. According to a company news release, by 2030, AI agents could add nearly $20 trillion to the global economy.
“We’re witnessing the biggest inflection point in SaaS since the transition from on-premise to cloud. Companies are turning to AI agents as their path back to sustainable growth, but today’s infrastructure wasn't built for an agent-first world. The traditional ‘per seat’ model of paying for software doesn’t make sense when the software is eliminating seats. We need an entirely new model. With Paid, we’re building the foundation that will power the AI agent economy and help companies navigate this critical transition,” Paid’s CEO Manny Medina said in a statement.
Paid aims to position itself as the first end-to-end business system purpose-built for an “agent-first” future. Its platform, available for free to developers, integrates directly with tools like Vercel and ElevenLabs and frameworks such as AI SDK and n8n.
