Provider of a subscription billing services platform designed to deliver recurring billing automation. The company's pay-as-you-go subscription billing platform Recurly, offers professional billing, customizable hosted billing pages, account management and helps companies to eliminate cost and complexity required to manage subscription billing operations enabling customers to properly account for their subscription revenue and close the books quickly and accurately each month.
Generating Revenue
Privately Held (backing)
Venture Capital-Backed
The company raised $3 million of convertible debt financing from Greycroft and F-Prime Capital Partners on March 15, 2017. Previously, the company raised $12 million of Series B venture funding from Polaris Partners, e.ventures and Greycroft on October 20, 2014, putting the company's pre-money valuation at $45.5 million. Fidelity Investments, Infinity Venture Partners and F-Prime Capital Partners also participated in the round.
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