Recharge is the leading subscription payments solution, helping ecommerce merchants of all sizes launch and scale subscription offerings. Recharge’s subscription billing platform and payment management solutions are designed to help merchants grow by increasing revenue and customer lifetime value while reducing operating costs and churn.
Founded in 2014 by Oisin O’Connor and Mike Flynn, Recharge was self-funded for more than five years before accepting outside financing. Today, Recharge powers subscriptions for more than 15,000 merchants serving 35 million subscribers, and supports brands such as Harry’s, Oatly, OLIPOP, Dr. Axe, Fiji Water, Billie, and Native.
In May 2021, Recharge closed their Series B round of funding, raising $277 million in growth capital from Summit Partners, ICONIQ Growth, and Bain Capital Ventures to bring the company to a $2.1 billion valuation. To date, Recharge has processed over $7.5 billion in transactions. Recharge is a remote-first company with more than 300 team members across 10 countries.
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