RightRev Secures $13 Million to Boost Automated Revenue Management

RightRev has raised $13 million in Series A funding to enhance its automated revenue management platform, as announced in a press release. The funding will support product innovation and market expansion.

RightRev has raised $13 million in Series A funding, bringing its total funding to over $31 million, announced in a press release. The investment was co-led by Cheyenne Ventures and Innovius Capital, with participation from Norwest Venture Partners, Salesforce Ventures, and Snowflake Ventures.

The new capital will be used to accelerate product innovation, expand market reach, and grow RightRev's partner ecosystem. The company aims to meet the increasing demand for revenue automation, particularly in the AI era, by embedding AI capabilities across its platform. This includes automating error detection and streamlining high-volume data processing.

RightRev's platform is designed to manage complex revenue scenarios while ensuring compliance with ASC 606 and IFRS 15. It integrates seamlessly with Salesforce Revenue Cloud and other Order-to-Cash platforms, providing finance teams with agility and accuracy in revenue management.

We hope you enjoyed this article.

Consider subscribing to one of several newsletters we publish like Sales & Marketing AI Weekly.

Also, consider following us on social media:

Sales & Marketing AI
AI Brief (X)

More from: Funding

Subscribe to Daily AI Brief

Daily report covering major AI developments and industry news, with both top stories and complete market updates

Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.

Read more

You May Also Like