RightRev
2350 Mission College Blvd., Ste 246, Santa Clara, CA, 95054, United States
Overview
RightRev is a comprehensive platform that automates revenue management, helping businesses streamline recognition, reporting, analysis and compliance. The product combines deep revenue-accounting expertise with modern software architecture to handle intricate revenue scenarios and ensure compliance with ASC 606 and IFRS 15. It offers native integration with Salesforce Revenue Cloud and connects to upstream and downstream systems across the Order-to-Cash lifecycle. RightRev emphasizes AI-driven capabilities—real-time policy application, anomaly detection and high-volume processing—to accelerate configuration, reduce manual effort and increase audit confidence. The company serves enterprise and growth-stage customers including Snowflake and Drata and is positioned to support on-demand, consumption-based and outcome-driven pricing models. Founded in 2020 and headquartered in Roseville, Calif., RightRev has raised more than $31 million in total funding and continues enhancing its platform and integrations. RightRev provides a cloud-based revenue recognition engine designed to automate and simplify complex revenue accounting for mid-market to enterprise customers. Its core product is praised for flexibility, high transaction throughput, and support for modern pricing models such as subscription, usage, and consumption-based billing. RightRev offers a native Salesforce Revenue Cloud app that extends Salesforce CPQ and Billing, while also offering a system-agnostic standalone solution that ingests data from upstream quoting and order management sources and creates journal entries into general ledgers. The company positions itself to handle complex, enterprise-level revenue recognition use cases that traditional spreadsheets or disparate systems cannot accommodate without heavy customization. RightRev plans to use new funding to accelerate growth and invest in product innovation, including deeper integrations with billing solutions and ERPs. Since partnering with an investor in 2021, RightRev reports a 250% increase in annual recurring revenue and has attracted a loyal customer base. RightRev offers an advanced revenue recognition automation software platform embedded on the Salesforce AppExchange. Its platform is designed for Salesforce Revenue Cloud customers to optimize lead-to-revenue processes and complements Salesforce CRM, CPQ, Subscriptions, Orders, Billings and Cash Collection. The company is led by Founder and CEO Jagan Reddy and is based in Santa Clara, California. RightRev raised $5M in funding to accelerate product development and expand go-to-market channels across the U.S. and globally. The round was co-led by Norwest Venture Partners and Salesforce Ventures with participation from IDEA Fund Partners, Two Sigma, GoBig.ai and Correlation Ventures. Its cloud-native, embedded approach targets customers already on Salesforce by streamlining revenue accounting workflows within the CRM and billing stack.
- Total raised
- $30M
- Funding rounds
- 3
- Latest round
- Series A
- Latest activity
- May 2025
Industries
- Finance
- Information Technology
- Software
Recent funding
Series A
May 2025
$13M
Equity
Jul 2023
$12M
Equity
Nov 2021
$5M