# Reva Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/reva-systems

- Industry: Software
- Headquarters: Westford, US
- Website: www.revasystems.com
- Total disclosed funding: $49M
- Latest round: Series C (Apr 14, 2009)
- Investors on record: 4

## About

Reva Systems delivers advanced pricing solutions that enhance the pricing process for businesses by providing competitive quotes swiftly, ensuring speed and transparency in pricing transactions.Reva Systems provides specialized pricing solutions designed to optimize the pricing strategies of businesses. The company is headquartered in Westford, US. In December 2010, Reva Systems was acquired by ODIN, with financial terms undisclosed. The latest funding was a Series C round in which Reva Systems raised a total amount of USD 5.00 mn, attracting investors including CRV, Cisco Systems, North Bridge Venture Partners, and Sapphire Ventures, and this marked their fifth deal since inception.Reva Systems specializes in providing advanced pricing solutions tailored for businesses across various sectors. Their core offerings include a comprehensive pricing platform that enables companies to obtain accurate pricing quotes within 24 business hours after submitting a request. This service streamlines the pricing process for clients, ensuring timely and competitive pricing tailored to their specific needs. The platform caters to a diverse clientele including small to medium-sized enterprises and larger organizations seeking efficient pricing strategies. Reva Systems’ solutions are marketed primarily in North America and select international markets, focusing on enhanced pricing transparency and speed for businesses looking to optimize their pricing models.The revenue structure of Reva Systems is primarily derived from transactional fees associated with its pricing solutions. Clients engage with the company through a business-to-business model, requesting pricing through an online form and receiving quotes directly from domain experts. Transactions are structured around service agreements, allowing clients access to the pricing platform for a fee determined by the complexity and volume of pricing requests. The company’s flagship service, promising a quote within 24 hours, underscores the value proposition of timely and precise pricing in a competitive landscape, capturing revenue from various business sectors that rely on accurate pricing to enhance operational efficiency.Reva Systems plans to expand its product offerings and target new geographic markets. Details on upcoming products or specific release dates have not been provided. The company aims to penetrate additional international markets while leveraging recent funding from the Series C round, raised on December 14, 2010, to support these initiatives. This funding will enable Reva Systems to enhance its pricing platform and expand its client base efficiently.

## Funding rounds

- Series C, Apr 14, 2009, $5M — CRV, North Bridge Venture Partners, Cisco Systems, Sapphire Ventures
- Series B, Aug 27, 2007, $11M — CRV, North Bridge Venture Partners, Cisco Systems, Sapphire Ventures
- Series B, Oct 3, 2006, $14M — CRV, North Bridge Venture Partners, Cisco Systems, Sapphire Ventures
- Series A, Apr 1, 2004, $20M — CRV, North Bridge Venture Partners

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Series A, Series B, Series C
- North Bridge Venture Partners (https://capitalatlas.ai/funds/north-bridge-venture-partners) — Series A, Series B, Series C
- Cisco Systems — Series B, Series C
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series B, Series C