United States · Information technology & services startup

RightRev

RightRev is a financial technology and enterprise software company founded in 2020 by Jagan Reddy, based in Santa Clara, California, with a legal presence in Chennai, India.

Funding reportedLast round: Series A

Information technology & servicesAustin, United States

About RightRev

RightRev is a financial technology and enterprise software company founded in 2020 by Jagan Reddy, based in Santa Clara, California, with a legal presence in Chennai, India.

The company specializes in automated revenue recognition, designed to simplify the complexities of modern business models like subscription and usage-based services. RightRev's mission is to help finance teams comply with global accounting standards such as ASC 606 and IFRS 15 while enhancing financial close processes and improving forecast accuracy. The company offers a suite of services that streamline the Lead-to-Revenue lifecycle, including automated revenue recognition, compliance management, financial close acceleration, and revenue analytics. RightRev provides two main product solutions: a cloud-based subledger platform and a Salesforce-native application, both designed to integrate seamlessly with existing technology stacks. With over $31 million raised in funding and a growing team of approximately 33 to 60 employees, RightRev serves large enterprises and growth-stage companies across various industries, including software, SaaS, and professional services.

What company datasets say RightRev raised

Funding, as reported

Reported in all$17Min dollars
Rounds2
Last roundSeries A
Last round size$13M
Last round dateJul 2023
Investors listed6
SEC Form D$25M sold, 1 filing, last Aug 2023

Founders and team

From the SEC filings it signed: 1 on the team.

  • Jagan ReddyExecutive Officer, Directori

On the board, as filediHelen Chua TeJohn Chua CambierMarc J. Diouane

On a portfolio page

Investors who name them

Each firm lists RightRev on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

erp integrationhigh-volume transaction processingrevenue recognition best practicesasc606revenue recognition for revenue automation toolstax preparationrevenue waterfall reportsenterprisesrevenue audit readinessrevenue recognitionrevenue recognition for revenue modelsrevenue recognition for revenue accuracyinformation technology & servicesfinancial servicesasc 606 revenue recognitionfinance

Built with from their website

Autotask PSASalesforce VisualForceGoogle WorkspaceWP EnginePEXAIGoogle MeetAct!NetSuiteSalesforce CPQ

+8 more

IBM Data WarehouseSalesforceMySQLPL/SQLSQLAnthropic ClaudeRESTSnowpark

Sector
Information technology & services
Industry code
NAICS 54121, 513210, SIC 7375, 7372
Region
Texas
Revenue
$11M a year, as listed
Full record
Every detail in the company directory

Information technology & services in United States

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