# Revio

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

- Industry: Software
- Headquarters: Cape Town, South Africa
- Website: www.reviopay.com
- Total disclosed funding: $7.3M
- Latest round: Seed (Sep 26, 2023)
- Investors on record: 8

## About

Based in Cape Town, South Africa, and founded in 2020, Revio operates as a software company that provides a subscription billing platform that maximizes a customer’s lifetime value by digitizing end-to-end customer engagement processes. In November 2022, Revio raised USD 1.1 million in seed funding led by Speedinvest, with participation from other RaliCap, 	The Fund, and Two Culture Capital.

Revio is a subscription billing platform that increases the lifetime value of a customer by digitizing end-to-end customer engagement processes. This is accomplished by offering businesses a centralized platform for managing how customers pay and respond in real-time. Dynamic payment routing rules use customer and business data to recommend the most appropriate and efficient payment method or gateway, whereas real-time and multi-channel reconciliation automation ensures that revenue is recognized as soon as possible.

The company plans to use the funding to launch new products, expand the team, and move into new markets within and outside Africa.

## Funding rounds

- Seed, Sep 26, 2023, $5.2M — Partech Partners, QED Investors, Speedinvest, Everywhere Ventures, Rally Cap
- Seed, Nov 25, 2022, $1.1M — Speedinvest, Everywhere Ventures, Two Culture Capital, RaliCap
- Seed, Aug 5, 2021, $1M — Delta

## Investors

- Delta (https://capitalatlas.ai/funds/delta) — Seed
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Everywhere Ventures (https://capitalatlas.ai/funds/everywhere-ventures) — Seed
- Two Culture Capital (https://capitalatlas.ai/funds/two-culture-capital) — Seed
- RaliCap — Seed
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Seed
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Seed
- Rally Cap (https://capitalatlas.ai/funds/rally-cap) — Seed