On May 5, 2025, RightRev, a leader in automated revenue management, announced the close of a $13 million Series A funding round, bringing the company’s total funding to over $31 million. The investment was co-led by Cheyenne Ventures and Innovius Capital, with participation from several repeat investors, including Norwest Venture Partners, Salesforce Ventures, and Snowflake Ventures. Wilson Sonsini Goodrich & Rosati advised Innovius Capital on the transaction.

Founded in 2020, RightRev aims to empower finance teams with tools to manage intricate revenue processes efficiently. RightRev's platform integrates seamlessly with existing systems, ensuring compliance with revenue standards like ASC 606 and IFRS 15. The new capital will accelerate the company's product innovation, go-to-market expansion, and partner ecosystem growth as the company scales to meet the surging demand for revenue automation.

The Wilson Sonsini team that advised Innovius Capital on the transaction was led by Yokum Taku, Melinda Douglass, and Alex Carter.

For more information, please see RightRev's news release.