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Rightrev
Austin, US · Founded 2020 · Delaware corporation · 57 employees on LinkedIn · 6 known investors
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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 · 6
Cheyenne Ventureslisted by Cheyenne VenturesWoodside
How we know: Cheyenne Ventures's portfolio page · Not right? Tell us
Correlation Ventureslisted by Correlation VenturesSan Francisco · $100K – $4M
How we know: Correlation Ventures's portfolio page · Not right? Tell us
IDEA Fund Partnerslisted by IDEA Fund PartnersChapel Hill · $250K – $500K
How we know: IDEA Fund Partners's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
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.
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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.
- 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.