• FOUNDING YEAR: 2009
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Recurring billing platform. It handles all the complexities of subscription billing and revenue optimization.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Linkedin, Adobe, Hubspot,CBS Interactive,Barkbox, Twitch, Livestream, Dropcam, Livechat, Ask, Groupon
EXISTING PARTNERSHIPS:
Avalara, Polaris
COMMENT
It reduce PCI compliance costs as a level 1 PCI compliant service provider , Recurly greatly reduces your costs and obligations associated with PCI compliance.

PEOPLE

FOUNDERS:
Dan Burkhart, Isaac Hall, Tim Van Loan
Board Members and Advisors:
Irfan Salim, Betty Kayton, Sean Ellis, Hiten Shah, David Berrett, Dan Burkhat, Dave Samuel, Isaac Hall, Shervin Ghaemmaghami, Josh Cook
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Devonshire Investors,Polaris Partners,Fidelity Investments,500 Startups,e.ventures,Greycroft Partners,Sherry Coutu,Dave McClure, David Barrett, Dave Samuel, Betty Kayton, Dharmesh Shah, Freestyle Capital, Michael Dearing, Josh Felser, Ryan Spoon

TRACTION

VALUATION / MARKET CAP:
$80 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$19.6 Millions
SEED & PRIOR FUNDING:
$1.6 Millions
FUNDING SERIES:
SERIES A
$6 Millions Closed:
SERIES B
$12 Million Closed:
LISTED:
NO

LATEST RESEARCH