RightRev secures $13 million in Series A funding, co-led by Cheyenne Ventures and Innovius Capital, to enhance its automation solutions in revenue management.

May 05, 2025•7 months ago

Amount Raised

$13 Million

Round Type

series a

Santa ClaraSoftware

Investors

Snowflake VenturesSalesforce VenturesNorwest Venture PartnersInnovius CapitalCheyenne Ventures

Description

RightRev announced the close of a $13 million Series A funding round, increasing its total funding to over $31 million. The investment was co-led by Cheyenne Ventures and Innovius Capital with participation from notable investors like Norwest Venture Partners. This capital will accelerate product innovation and market expansion. RightRev aims to meet the growing demand for revenue automation in the AI sector.

Company Information

Company

RightRev

Location

Santa Clara, California, United States

About

RightRev is a comprehensive platform to automate revenue management. The solution helps businesses streamline, recognize, report, analyze and comply with revenue standards. With a focus on speed, accuracy, and efficiency, the company continues to enhance its platform with artificial intelligence (AI) and new capabilities that simplify data migration, implementation and third-party integrations. Trusted by large enterprises and growth-stage companies across many industries, RightRev empowers finance teams to manage complex revenue scenarios and drive strategic growth.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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