RightRev Secures $13 Million to Boost Automated Revenue Management

May 06, 2025
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.

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