ReCharge provides subscription management and billing software that helps e-commerce brands convert one-time purchases into repeat customers by adding subscription offerings. From its core subscription billing platform the company has expanded into a broader set of products designed to increase revenues and reduce operating costs. ReCharge powers subscriptions for 15,000 merchants and nearly 20 million subscribers worldwide and has processed over $5.3 billion in transactions. The company has doubled its processing volume each year for the past five years, more than doubled annual recurring revenue from 2019 to 2020, and is cash flow positive. ReCharge is remote-first with more than 300 team members across 10 countries and has nearly doubled headcount in the past year. The company plans to use new capital to continue hiring, accelerate product development, and expand into new markets.

Total raised

$277M

Funding rounds

1

Latest round

Equity

Latest activity

May 2021