Recharge
Subscription billing platform for Shopify and BigCommerce powering 20K+ DTC brands
Fintech
📍 Santa Monica, CA
Founded 2014
Current Valuation
$2.1B
as of 2021-Q2
UNICORN
Recharge is the leading subscription billing platform for Shopify merchants, processing $10B+ in subscription GMV annually. Powers DTC brands including Athletic Greens, Native, Olipop, and Honest Company. Strong competitive position despite Shopify's native subscription features.
Company Profile
Last Round
Series B — $277M (May 2021) · Lead: Summit Partners
IPO Status
no imminent plans
Fundraising Status
Series B · $277M · 5y 2mo ago
no imminent plansTotal raised $277M
Latest Funding Round
| Round | Amount | Date | Lead Investor | Post-Money |
|---|
| Series B | $277M | May 2021 | Summit Partners | — |
Founders & Key People
Oisin O'ConnorMike Flynn
Investors
Summit Partners · ICONIQ Growth · Bain Capital Ventures
Products
- Recharge Subscriptions
- Recharge Cancellation Prevention
- Recharge Discover (post-purchase)
Competitors
Skio · Smartrr · Stay AI · Loop Subscriptions · Bold Subscriptions
E-CommerceSubscriptionsShopifyDTC
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q2. Refreshed quarterly.