# PrimeRevenue

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/primerevenue

- Industry: Financial Services
- Headquarters: Atlanta, US
- Website: www.primerevenue.com
- Total disclosed funding: $22M
- Latest round: Series B (May 20, 2007)
- Investors on record: 4

## About

PrimeRevenue, Inc. is a provider of Supply Chain Finance solutions that streamline B2B payments, enhancing operational efficiency for businesses across various sectors through innovative financial technology.Founded in 2003 in Atlanta, US, PrimeRevenue delivers Supply Chain Finance solutions to optimize B2B payment processes. The company has not undergone significant strategic pivots or changes in operations and does not have subsidiaries. The founder of the company is Robert Kramer, while the current CEO is PJ Bain. PrimeRevenue has secured a total of USD 80.00 mn in funding across 7 deals, with the latest round occurring on April 14, 2015, supported by investors such as BBH Capital Partners and Battery Ventures.PrimeRevenue specializes in Supply Chain Finance (SCF) solutions, offering a bank-agnostic Payments as a Service platform, Receivables Finance, and Dynamic Discounting. These services automate payment workflows, optimize working capital, and integrate seamlessly with existing systems like ERPs and banks. The clientele includes global enterprises in manufacturing, retail, and technology, primarily focusing on markets in North America, Europe, and Asia.The revenue model for PrimeRevenue is subscription-based, granting clients access to its suite of B2B payment solutions. Revenue is generated when clients use the platform to manage supply chain finance programs, enabling suppliers to receive early payments in exchange for discounts, thus improving cash flow and payment cycles. The pricing structure may vary based on transaction volume or specific product usage, supporting tailored financial solutions that enhance working capital for users.PrimeRevenue plans to leverage its recent funding of USD 80.00 mn raised in April 2015 to expand its market presence. This includes introducing new products designed to further enhance supply chain finance capabilities. Additionally, the company aims to penetrate new geographic regions, with a focus on expanding operations in Asia and Europe by 2025. The funding will support these initiatives, facilitating the development of innovative solutions and market expansion efforts.

## Funding rounds

- Series B, May 20, 2007, $10M — Battery Ventures, RRE Ventures, River Capital
- Series A, Oct 29, 2004, $12M — Battery Ventures, eRevenue

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A, Series B
- eRevenue — Series A
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series B
- River Capital — Series B