Startup
RightRev
Automated revenue recognition for ASC 606 and IFRS 15 that runs natively on Salesforce, built by the founder of Leeyo, the revenue software Zuora bought, for companies with complex contracts.
| Founded | 2020, Santa Clara, California |
|---|---|
| Founders | Jagan Reddy (CEO; founded Leeyo, acquired by Zuora) |
| Stage | Series A |
| Total funding | More than $31m |
| Last round | Series A, $13m, May 2025, co-led by Cheyenne Ventures and Innovius Capital with Norwest, Salesforce Ventures and Snowflake Ventures |
| Earlier rounds | $12m seed, July 2023, co-led by Norwest and Salesforce Ventures; $5m launch round, 2021 |
| What it does | Applies revenue rules to Salesforce quotes, orders and contracts to produce ASC 606 and IFRS 15 schedules, allocations and journal entries, with AI assistance for contract review |
| Traction | Enterprise and growth-stage customers with complex revenue arrangements; Salesforce and Snowflake are investors and platforms |
| Pricing | Not published |
| Markets | US |
| Peers | Tabs, Maxio, Ordway, Leapfin, Zuora |
Why it matters
RightRev has raised $31 million with Salesforce and Snowflake as investors, and its founder has already built and sold one revenue recognition company. It is the specialist in a field where the AI-native billing companies are now arriving from the other direction.
Updated September 2026.
Part of Accountio’s accounting technology coverage.
