Recurly

Recurly is a SaaS-based company providing subscription billing and recurring billing management as an outsourced service.

Recurly delivers agile enterprise-class subscription management to thousands of businesses worldwide.

Recurly was founded in 2009 by Dan Burkhart, Isaac Hall, & Tim Van Loan. The company is headquartered in San Francisco, California, with an additional office in Boulder, Colorado.

Recurly uses an open platform approach to easily connect with a broad variety of back-office systems. In addition to enabling lightweight and flexible custom integrations, Recurly also has powerful out-of-the-box integrations with enterprise solutions like Salesforce, NetSuite, and Avalara to provide efficiencies through end-to-end automation of billing events throughout the customer lifecycle. 

Recurly supports over a dozen payment gateways including Amazon Pay, Stripe, PayPal, Chase, Braintree, and CyberSource, and it calculates and collects sales tax, VAT, or GST (along with compliance documentation) for any charge in the U.S., Canada, Europe, Australia, New Zealand, Israel, and South Africa.

Recurly's flexible architecture, coupled with deep expertise in the payments industry is validated by the billions of dollars in transactions the company processes each year. Thousands of companies worldwide depend on Recurly to manage and optimize their rapidly-growing subscription businesses.

Recurly powers subscription management for leading companies around the world. From growing startups to the Fortune 500, Recurly eliminates the pain from managing subscriptions. Some of its customers include Sling, AccuWeather, asana and Loot Crate.

 

Recurly is backed by investors including F-Prime Capital, Polaris Partners, Greycroft, Silicon Valley Bank, & e.ventures among others. The company raised $19.5M from a "Series C" financing on Sep 27, 2019. The round brings Recurly's total funding to $39.1M to date.

 

 

  • Year founded: 2009
  • Funding Info: $39.1M over 3 Rounds of Funding (Last Funding Type: Series C)
  • Yearly Revenue: $5M-$10M (2018)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: San Francisco
  • State: California
  • Country: United States
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