RecVue offers a suite of cloud-based Order Lifecycle Management (OLM) applications designed to modernize and fully automate complex order-to-cash (O2C) processes for enterprises. Its platform handles billing, revenue and accruals management, channel partner payments, and provides analytics and reporting to bridge front-office CRM systems and back-office ERPs. Customers cited in the article include Hertz, General Assembly, ACI Worldwide, and Textainer, which have used RecVue to close books earlier, reduce compliance risk, and lower operating costs. The company emphasizes enabling recurring and multi-partner monetization models and simplifying partner settlement and continuous accounting close. RecVue said it will use the funding to expand engineering, go-to-market efforts and its international presence, and to add new capabilities to scale to a $150 billion revenue-under-management target. The company is based in Palo Alto, California. RecVue provides a B2B monetization platform powered by big data that offers data mediation, a 360° view of the contract lifecycle, attribute-based pricing, billing-to-invoice capabilities, partner management, and analytics. The company serves global customers including ACI Worldwide, American Well, Radius Payment Solutions, and World Wide Technology. RecVue serves customers across North America, EMEA and Asia Pacific. Led by founder and CEO Nishant Nair, the product targets agility in billing operations, product management and sales. The company plans to expand sales and marketing to increase market traction in industries such as high tech, transportation and logistics, business services and healthcare providers. RecVue also intends to continue product innovations to further optimize revenue and reduce time to market for customers. Recvue provides a recurring revenue management platform that streamlines and simplifies the management of subscription and usage-based contracts from opportunity to invoicing. The company's open integration platform connects with CRM, ERP and fulfillment systems. Founded in 2015 by CEO Nishant Nair, Recvue targets automation of billing and revenue operations for subscription businesses. The company announced a $2M funding round and intends to use the proceeds to accelerate growth. The article does not report specific revenue or user metrics.

Total raised

$20M

Funding rounds

3

Latest round

Series A

Latest activity

Jan 2021