# Recharge Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/recharge-labs

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.recharge.co
- Total disclosed funding: $2.3M
- Latest round: Seed (Jun 3, 2016)
- Investors on record: 4

## About

Recharge Labs, Inc. is a technology company that specializes in providing advanced payment solutions aimed at enhancing the transactional experiences of both businesses and consumers across multiple sectors.Founded in 2015, Recharge Labs, Inc. is based in San Francisco, US. The company focuses on simplifying payment processes for e-commerce retailers and service providers. Recharge Labs has completed a total of 3 deals, with its most recent deal occurring on January 28, 2019. The company raised USD 2.30 mn in a Seed funding round led by Binary Capital, which included investors such as Eniac Ventures, Expansion Venture Capital, and Floodgate. The total amount raised by the company stands at USD 2.30 mn.Recharge.co offers a suite of innovative products and services designed to streamline transactional processes for both businesses and consumers. At its core, the company provides a robust platform that facilitates seamless payment solutions, catering specifically to the needs of e-commerce retailers and service providers. The platform enables users to manage subscriptions, handle recurring payments, and optimize customer experiences, addressing pain points in transaction management and customer retention. Recharge.co serves a diverse client base, including small to medium-sized enterprises (SMEs) and larger corporations across various sectors such as retail, food and beverage, and digital services, with its solutions deployed in key markets including North America, Europe, and parts of Asia.The revenue model for Recharge.co is primarily structured around subscription-based services, allowing clients to utilize the platform for a recurring fee. This model fosters long-term partnerships with businesses, equipping them with the tools necessary to effectively manage payment processes. Clients subscribe to various pricing tiers aligned with their specific needs, granting access to features that range from basic payment processing to advanced analytics and customer engagement tools. The flagship service, known for its comprehensive subscription management features, is central to the company's offerings, driving consistent revenue through both B2B and direct-to-consumer channels.Recharge Labs, Inc. plans to leverage its recent funding round, which took place on January 28, 2019, to support the development of upcoming products and services. The company aims to expand its presence in new markets, particularly focusing on growing its operations in Europe and parts of Asia by the end of 2023. The funding will be utilized to enhance product offerings and improve infrastructure to accommodate this planned growth.

## Funding rounds

- Seed, Jun 3, 2016, $2.3M — Floodgate, Eniac Ventures, Expansion Venture Capital, Binary Capital

## Investors

- Floodgate (https://capitalatlas.ai/funds/floodgate) — Seed
- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Seed
- Expansion Venture Capital (https://capitalatlas.ai/funds/expansion-venture-capital) — Seed
- Binary Capital (https://capitalatlas.ai/funds/binary-capital) — Seed