Chargebee

Chargebee

Cloud-based solutions for billing and revenue management systems.

Founded

2011

Headquarters

United States and Chennai India

Status

Series H

Company Details

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.

Core Products and Services

  • 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.

Business Model & Revenue Streams

  • 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.

Key People

Krish Subramanian

Saravanan Kolathupalaya Ponnuswamy

Rajaraman Santhanam

Thiyagarajan Thiyagu

Key Metrics

Total Equity Funding

$475 Million

No. of Funding Rounds

11

Latest Funding Round

$5 Million, Series H

as of March 8, 2024

Post Money Valuation

$3.5 Billion

as of February 1, 2022

Funding Multiple

7.45

as of February 1, 2022

Investors

Tiger Global Management

and 3 more

Employee Count

1185

Similar Companies

CashBook

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
March 8, 2024 Series H$5 Million-$45 Million-Tiger Global Management, Accel
February 1, 2022Series H$250 Million$3.5 Billion$35.5 Million91.6xTiger Global Management, Peak XV Partners, Insight Partners, Sapphire Ventures
April 20, 2021Series G$125 Million$1.4 Billion$18.1 Million68.4xInsight Partners, Tiger Global Management, Sapphire Ventures
October 6, 2020Series F$55 Million-$15.1 Million-Insight Partners, Tiger Global Management
May 1, 2020Series EUndisclosed----
August 28, 2019 Series D$14 Million-$9.9 Million- Insight Partners, Accel
March 20, 2018Series C$18.4 Million-$3.4 Million- Insight Partners, Accel, Tiger Global Management
March 10, 2015Series B$5 Million-$630 K-Tiger Global Management, Accel
January 12, 2014Series A$800 K--- Accel
October 3, 2013Seed$1.2 Million----

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