Revolv3, a Laguna Beach, CA-based payment optimization company, raised $4.5M in Seed funding.
The round was led by Rosecliff Ventures and unnamed angel investors.
The company intends to use the funds to further build out the platform for advanced features and increase the scope of the product roadmap. Plans for this investment include further building out the platform for advanced features and increasing the scope of the product roadmap.
Company: Revolv3
Raised: $4.5M
Round: Seed Round
Funding Month: July 2022
Lead Investors: Rosecliff Ventures
Additional Investors:
Company Website: https://www.revolv3.com/
Software Category: Payment optimization platform
About the Company: Led by Frank Arellano, Founder, Revolv3 is a SaaS payment optimization company that makes more money for online merchants with recurring billing. The platform maximizes recurring billing payment captures by identifying and analyzing data used by each bank card processor and issuer in real-time to optimize recurring and recycled attempts. For developers, Its machine learning backend is configurable within the platform via the portal or the APIs and is designed for the level of customization and granularity necessary to efficiently manage subscription billing payment capture and support ecommerce merchants as they scale and optimize their subscription business.
Source: https://www.finsmes.com/2022/07/revolv3-raises-4-5m-in-seed-funding.html