2011
United States and Chennai India
Series H
Chargebee is a tool that helps businesses manage subscriptions. It falls into the SaaS and fintech space, and it’s used by all kinds of companies small startups trying to grow, and big players with serious revenue. If a business runs on recurring payments. They’re working in a $13 billion global market, which says a lot about the size of the opportunity. Its unique value proposition stand out is how it doesn’t just do billing it also helps with revenue recognition, compliance and other behind-the-scenes stuff that most people don’t notice, but is crucial.
Billing & invoices: Recurring billing gets wild, especially when pricing isn’t one-size-fits-all. Chargebee lets you set whatever billing frequency works, and it just… sends the invoices.
Revenue recognition: Finance folks will get this. Rules like ASC 606, IFRS 15 — they’re strict, and if you mess it up, it's a nightmare. Chargebee basically takes care of that part.
Helps keep people from leaving: When customers drop off, it stings. So Chargebee steps in with smart nudges — dunning stuff, failed payment follow-ups, and personalised messages. Kind of works in the background to hang on to people who might be slipping away.
Subscription: The main way Chargebee earns is pretty straightforward companies pay a monthly or yearly subscription to use the platform. These fees depend on the plan and business size, like most SaaS tools.
Extras : There are also premium features you can pay extra for. Stuff like deep analytics or plugging into more advanced tools they’re not part of the base package, so if you want them, there’s an added fee.
One Time Services: Chargebee also charges for certain hands-on help. Think onboarding support, help with moving over from another system, or building out special integrations.
$475 Million
11
$5 Million, Series H
as of March 8, 2024
$3.5 Billion
as of February 1, 2022
7.45
as of February 1, 2022
Tiger Global Management
and 3 more1185
CashBook
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
March 8, 2024 | Series H | $5 Million | - | $45 Million | - | Tiger Global Management, Accel |
February 1, 2022 | Series H | $250 Million | $3.5 Billion | $35.5 Million | 91.6x | Tiger Global Management, Peak XV Partners, Insight Partners, Sapphire Ventures |
April 20, 2021 | Series G | $125 Million | $1.4 Billion | $18.1 Million | 68.4x | Insight Partners, Tiger Global Management, Sapphire Ventures |
October 6, 2020 | Series F | $55 Million | - | $15.1 Million | - | Insight Partners, Tiger Global Management |
May 1, 2020 | Series E | Undisclosed | - | - | - | - |
August 28, 2019 | Series D | $14 Million | - | $9.9 Million | - | Insight Partners, Accel |
March 20, 2018 | Series C | $18.4 Million | - | $3.4 Million | - | Insight Partners, Accel, Tiger Global Management |
March 10, 2015 | Series B | $5 Million | - | $630 K | - | Tiger Global Management, Accel |
January 12, 2014 | Series A | $800 K | - | - | - | Accel |
October 3, 2013 | Seed | $1.2 Million | - | - | - | - |