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Stigg has acquired Received for an undisclosed amount. Received provides a platform that allows B2B finance teams to streamline and automate their end-to-end billing process, enabling them to modify pricing structures at any time to maintain healthy cash flow and reduce reliance on internal IT resources. Stigg, the acquiring company, operates in the software infrastructure space, focusing on developer tools for product experimentation and feature management.
The acquisition brings together Stigg’s expertise in product configuration with Received’s specialized billing automation capabilities. For Stigg, the deal extends its product suite into the financial operations layer, allowing it to offer customers a more integrated approach to managing how software products are packaged, priced, and billed. Received’s technology is designed to eliminate manual billing workflows and reduce the overhead typically associated with pricing changes, a pain point that Stigg aims to address more directly for its own user base.
Strategically, the move allows Stigg to broaden its value proposition beyond feature flagging and into revenue-related workflows. By integrating Received’s billing engine, Stigg can provide a more cohesive solution for companies that need to align product rollouts with corresponding pricing updates. The combined offering is expected to reduce friction for teams that currently juggle separate systems for product configuration and billing, potentially shortening the time between a pricing decision and its execution.
The transaction is expected to close in the near term, with Received’s team joining Stigg to support integration efforts. For existing customers of both companies, the near-term focus will be on ensuring continuity of service while the technical teams map out how the two platforms will be unified. The long-term direction points toward a single workflow where product changes and billing adjustments happen in tandem, though specific product timelines have not been disclosed.