RightRev Secures $13M Series A to Supercharge Automated Revenue Recognition at Hyper-Scale

RightRev is proud to announce a major milestone in our growth journey as we successfully raised $13,000,000 to further our mission of delivering automated revenue recognition at hyper scale. At RightRev, we are dedicated to revolutionizing the way modern businesses manage revenue by streamlining and automating every step of the revenue recognition process. Our robust software platform is designed to seamlessly integrate with your existing systems, ensuring that everything from contract modifications to subscription renewals is accurately tracked and managed. This comprehensive approach not only simplifies operations but also empowers organizations to maintain compliance in an ever-evolving regulatory landscape, including adherence to ASC606. The fresh injection of capital will be pivotal in accelerating our product innovation roadmap, expanding our market reach, and enhancing our customer experience. By investing in cutting-edge technology and scaling our operations, RightRev is poised to deliver even greater value to customers around the globe. Our action-oriented features, which facilitate everything from quotes and orders to invoicing and revenue reporting, have already started making significant inroads in how businesses manage revenue. We plan to leverage this new funding to optimize our software further, add strategic hires, and drive initiatives that will pave the way for deeper integration with industry-standard practices. This funding milestone is a testament to the confidence that investors have in our team and our vision. As we continue to pave the way for automated revenue recognition solutions that are both powerful and intuitive, RightRev remains committed to pushing the boundaries of innovation and helping businesses thrive in today’s complex financial environment.