“ReCharge , a provider of subscription management software for e-commerce, announced today that it has raised $227 million in a Series B growth round at a $2.1 billion valuation. Summit Partners, ICONIQ Growth and Bain Capital Ventures provided the capital… Over the years, the company’s SaaS platform has evolved from a subscription billing/payments platform to include a broader set of offerings aimed at helping e-commerce businesses boost revenues and cut operating costs. Specifically, ReCharge’s cloud-based software is designed to give e-commerce merchants a way to offer and manage subscriptions for physical products.”
From Bootstrapped to a $2.1B Valuation, ReCharge Raises $227M for Subscription Management Platform
TechCrunch
