Seed · Payments & Banking · Stockholm, Sweden · Founded 2022 · 2–10 employees
Polar is a Merchant of Record and billing platform built for AI-native SaaS companies and developers, offering payments, subscriptions, usage-based billing, and global tax handling out of the box. Founded in 2022 by Birk Jernström (formerly of Tictail), the company is positioning itself as the standard Events → Analytics → Billing stack for the next generation of software. In June 2025, Polar raised a $10M seed round led by Accel, with notable angel participation from founders at Vercel, Supabase, Shopify, WorkOS, Raycast, Lovable, Framer, and others. The platform is open source, has amassed 17,000+ signups and 5,300+ GitHub stars, and is scaling its remote-first team across Europe.