Rightrev
Austin, US · Founded 2020 · Delaware corporation · 57 employees on LinkedIn · 7 known investors
Find your way into Rightrev
RightRev provides an AI-powered revenue recognition platform that automates rev rec calculations, contract modifications, SSP allocation, and journal entries with traceable, auditable rules. It offers both a standalone API-first application and a Salesforce-native application for finance and accounting teams across subscription, usage, and hybrid revenue models.
Founders & leadership
Rightrev was founded in 2020 by Jagan Reddy.
Board
JC
Investors · 7
Reported raises · per SEC filings
Form D private placements$24.8M disclosed across 1 round · 2023
▶$24.8MraisedAug 2023 · 20 investors · Other TechnologyRule 506(b)
▶$24.8MraisedAug 2023 · 20 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- John CambierDirector
- Marc J. DiouaneDirector
- Helen Chua TeDirector
- Jagan ReddyExecutive Officer, Director
- Offering amount
- $24.8M
- Amount sold
- $24.8M
- First sale
- May 2023
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 10
by search overlap
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Billing Platform558 shared keywordsBillingPlatform provides a cloud-based billing and revenue management platform supporting the quote-to-cash process, and maintains a network of implementation, technology, payment, and tax partners. It serves enterprise clients through partners such as system integrators and consulting firms.
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Chargebee463 shared keywordsChargebee provides unified revenue infrastructure connecting billing, pricing, usage metering, invoicing, and compliance for businesses with modern, usage-based, and hybrid business models at enterprise scale. The platform serves 6,500+ businesses across 227 countries and territories.
Hyperbots357 shared keywordsHyperbots offers an agentic AI platform designed for finance and accounting teams that processes unstructured financial documents and structured ERP data to automate invoice processing, approvals, and general ledger coding with up to 99.8% accuracy. The platform combines vision-language models, large language models, and custom AI agents to extract, validate, and augment financial information from documents like invoices, purchase orders, and contracts.
Paddle349 shared keywordsPaddle is a payment infrastructure and Merchant of Record platform that handles transactions and back-office operations for software companies, including payment processing, tax compliance, and multi-currency management across global markets.
Highradius297 shared keywordsHighRadius provides software for order-to-cash and treasury finance operations, including credit, collections, deductions, cash application, and invoicing and payments automation. It serves large enterprises and Fortune 1000 companies looking to improve financial performance metrics such as Days Sales Outstanding.
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Frequently asked questions
- What does Rightrev do?
- RightRev provides an AI-powered revenue recognition platform that automates rev rec calculations, contract modifications, SSP allocation, and journal entries with traceable, auditable rules. It offers both a standalone API-first application and a Salesforce-native application for finance and accounting teams across subscription, usage, and hybrid revenue models.
- Who founded Rightrev?
- Rightrev was founded by Jagan Reddy in 2020.
- Who are Rightrev's investors?
- Rightrev's investors include Cheyenne Ventures, Correlation Ventures, IDEA Fund Partners, Innovius Capital, Norwest Venture Partners, Top Corner Capital, IDEA.
- How much funding has Rightrev raised?
- Rightrev has disclosed $24.8M raised across 1 round.
- Where is Rightrev headquartered?
- Rightrev is headquartered in Austin, US.