Case Study: Evervault streamlines complex usage-based billing with Alguna

Why Evervault left Stripe behind to manage complex usage-based billing in Alguna

Evervault, a security platform backed by Sequoia, faced significant challenges with its billing infrastructure. Their complex, usage-based pricing model, managed through a fragmented stack of Stripe Billing, spreadsheets, and DocuSign, created manual work, engineering bottlenecks, and difficulty handling flexible customer deals. This setup was error-prone and unscalable, preventing the company from growing efficiently.

The company implemented Alguna’s CPQ, Billing, Dunning, and Payments products to automate its entire quote-to-cash workflow. Alguna's solution provided live usage transparency for customers, automated subscription management, and removed engineering bottlenecks. As a result, Evervault went live in just two weeks with no customer impact, eliminated high transaction costs, and enabled its sales and finance teams to work in lockstep.

Evervault

Shane Curran

Chief Executive Officer