RightRev, a leading provider of automated revenue management solutions, has secured $13 million in Series A funding, bringing its total capital raised to over $31 million. The round was co-led by Cheyenne Ventures and Innovius Capital, with continued support from existing investors including Norwest Venture Partners, Salesforce Ventures, and Snowflake Ventures.
The announcement follows RightRev’s recent recognition as a category leader in the 2024 MGI Research Automated Revenue Management Buyers’ Guide. Enterprise customers such as Snowflake and Drata rely on RightRev to navigate increasingly complex revenue models across a range of industries.
The new funding will support product innovation, go-to-market expansion, and partner ecosystem development as RightRev scales to meet growing demand for intelligent revenue solutions in the AI-driven economy.
“Revenue management has become a strategic function, not just a back-office process,” said Jagan Reddy, CEO and founder of RightRev. “AI is transforming how companies operate—introducing new models like consumption-based and outcome-driven pricing that require more sophisticated revenue recognition. RightRev was designed to meet this need. With this new funding and the backing of top-tier investors, we’re accelerating our mission to bring speed, accuracy, and intelligence to global revenue teams.”