RECURLY
Recurly SaaS billing / revenue recognition.
Definition
Recurly Inc. (San Francisco founded 2009 by Dan Burkhart + Isaac Hall, acquired by Accel-KKR 2019, ~$2B+ subscription volume managed annually 2024) is a SaaS subscription billing + recurring revenue management specialist focus on mid-market + enterprise SaaS customers (Twitch + Sling TV + Forbes + Hulu Japan + Trader Joe + multiple), flagship Recurly Platform with subscription management + dunning + revenue recognition + analytics. Platform + workflow detail integration ERP + CRM + general ledger + subscription lifecycle management + plans + pricing + dunning + collections + revenue schedules + accounting + multiple deployments enterprise + SMB customers; native integration Salesforce + NetSuite + SAP + Workday + multiple accelerating SaaS Subscription Economy 2020s+ adoption.
Origin
Recurly founded 2009 San Francisco ; acquired Accel-KKR 2019 ; ~$2B+ subscription volume managed 2024.
Example in context
Streaming service uses Recurly platform: ~10M+ subscribers managed via Recurly billing platform, handles trial-to-paid conversions + plan upgrades/downgrades + pause + cancellations + win-back campaigns + revenue recognition ASC 606 compliance + integration NetSuite ERP + CRM + multiple payment methods (cards + ACH + PayPal + Apple Pay + Google Pay + Amazon Pay).
Related terms
- Stripe Billing — competitor SaaS.