Y Combinator alum Skio sells for 105M cash after raising just 8M

Published on 1 May 2026

Raised 8M yet exits for 105M cash

Subscription billing fintech Skio, a Y Combinator alum, has been acquired by competitor Recharge in a cash deal valued at 105M, according to the founder and former CEO. The surprising part: Skio reportedly raised only 8M before the exit, making the outcome look unusually strong for its funding size and timeline.

Skio was acquired by subscription rival Recharge
Deal reportedly paid out 105M in cash
Founder says Skio raised just 8M prior to the sale

#y combinator #startup exits #acquisition #subscription billing #fintech

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Y Combinator alum Skio sells for 105M cash after raising just 8M

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