Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights. This time, you get to discover 5 hand-picked subscription creation & management solutions.
Global Startup Heat Map highlights 5 Top Subscription Creation & Management Solutions out of 446
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 446 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 441 subscription creation & management solutions, get in touch.
Younium develops a Subscription Hub
Subscription business models offer product manufacturers and service providers ease of distribution and a predictable revenue stream. Also, it shifts the focus from customer acquisition to customer retention. However, managing subscriptions demands a reliable, enterprise-grade system with a mission-critical and scalable infrastructure. Startups tackle this issue by developing subscription management solutions that integrate with existing systems. For example, a subscription billing tool that integrates with customer relationship management (CRM) platforms improves customer service and retention.
Younium is a Swedish startup that develops subscription management tools for business-to-business (B2B) companies. The startup’s Subscription Management tool allows users to capture subscription data, track key performance indicators (KPI), and access reports. The Subscription Insights tool for finance teams provides business performance and revenue metrics on a dashboard. Further, Youmium offers Subscription Invoicing and Subscription Billing tools to automate invoicing and billing, respectively.
GOeVisit offer enables Virtual Care Delivery
At present, healthcare is shifting to a subscription model service to provide membership medicine where users benefit from monthly or yearly plans. This helps patients and healthcare providers in terms of flexibility and profit. Startups now develop innovative solutions to aid healthcare shift to an entirely subscription-based business model. For example, startups offer digital platforms to connect doctors and patients by subscribing to their services. This allows patients to routinely visit doctors without additional payment while doctors receive a regular monthly income.
GOeVisit is a Canadian startup that offers location-agnostic virtual healthcare for patients. The startup provides virtual care delivery services through a smartphone app, GOeVisit, and their website. This allows patients to choose between the two platforms to receive diagnosis and treatment plans from a medical practitioner. Users are able to either opt for subscription-based or pay-as-you-go pricing based on their preference. Further, the startup stores and processes data in a HIPAA-compliant environment to ensure data security.
HVMNS enables Product-as-a-Service Business Models
Integrating subscription models into businesses comes with complex management and decision-making challenges. For example, organizations have to tailor their subscription models based on customer requirements while also offering something new. This complexity limits many small and medium enterprises (SME) as they shift to a subscription model. That is why startups help companies understand customer needs and discover the right business model that improves sales and customer satisfaction.
Dutch startup HVMNS designs, validates, and scales subscription models for product manufacturers. The startup’s solutions focus on the organization’s employers and audiences to find the right business strategy and effective pricing choice. This enables organizations to rethink their product strategies and integrate product-as-a-service models into their business.
Xion Global provides Blockchain-based Subscription Management
Data privacy is a prime concern in the digital world due to potential security risks from malicious hackers. However, adopting subscription business models require brands to store and process sensitive customer information like credit card data, and user location, among others. Hence, subscription service providers have to follow specific security standards to ensure a tamper-free infrastructure for data processing and storage. That is why startups allow manufacturers and service providers to integrate blockchain into their subscription business models. This way, businesses ensure security to customers while improving their brand reputation.
Xion Global is a US-based startup that offers a subscription management platform for websites and smartphone applications. The startup streamlines all recurring payments and subscription management through smart contracts, cryptocurrencies, and digital blockchain wallets. Also, they provide a free and easily integrable application programming interface (API) to add blockchain capability to existing subscription services. The startup’s solutions offer low-cost decentralized finance (DeFi) for digital businesses and enhance their service quality.
Zenrise.io offers Collection-as-a-Service
Businesses are looking to integrate subscription models into their services and products to improve customer acquisition and retention. For this, service providers need to collect payments from customers regularly. Therefore, startups aid subscription model businesses by developing automated collection systems that collect subscribers’ payments based on their subscription dates. This improves collection efficiency and reduces cycle times.
Argentine startup Zenrise.io provides collection-as-a-service for retailers and corporates. The startup uses a management engine that processes transaction data to identify patterns and understand the payment behavior of clients. They also offer collection services for split payout, direct debit, and cross-border transactions. The startup’s solution further features multi-channel notifications, payment reminders, and due dates. Zenrise.io allows companies to make their business more accessible and compatible with international audiences.
Discover more Startups
Startups, such as the 5 examples highlighted in this report, focus on customer experience, high-resolution content support, mixed reality. While all of these technologies play a major role in advancing the industry, they only represent the tip of the iceberg. To explore more subscription creation & management technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Industry Innovation Reports to save your time and improve strategic decision-making.