Chargebee joined the Unicorn Club on April 20, 2021, after raising a $125 million Series G round led by Insight Partners, Tiger Global Management, and Sapphire Ventures, valuing it at $1.4 billion. Headquartered in Bethesda, Maryland, United States, Chargebee provides cloud-based billing and revenue management solutions for subscription-based businesses.
Its platform automates recurring billing, invoicing, tax management, and revenue recognition, while offering tools for pricing, trial management, and SaaS analytics. By simplifying revenue operations for fast-growing companies, Chargebee helps businesses manage complex billing cycles and scale globally with ease.
Keep reading to learn how Chargebee became a $3.5B leader in subscription billing and revenue automation.
What Is Chargebee and What Does It Do?
Founded in 2011, Chargebee provides a cloud-based subscription management and revenue operations platform that streamlines billing for SaaS, e-commerce, and digital businesses. The platform handles every stage of recurring revenue — from quote-to-cash to revenue recognition with built-in integrations for CRMs, ERPs, and payment gateways.
With automation at its core, Chargebee helps finance teams reduce manual processes, ensure compliance, and gain real-time visibility into revenue performance. Its flexible APIs and analytics tools make it a trusted partner for scaling companies worldwide.
How Much Funding Has Chargebee Raised?
1. Series H Round
- Amount Raised: $5 million
- Date: March 8, 2024
- Valuation: $3.5 billion
- Lead Investors: G Squared, Sapphire Ventures
- Purpose: Product innovation, AI integration, and global expansion
2. Series G Round
- Amount Raised: $125 million
- Date: April 20, 2021
- Valuation: $1.4 billion
- Lead Investors: Insight Partners, Tiger Global Management, Sapphire Ventures
- Purpose: Scale operations, expand product suite, and enhance enterprise capabilities
3. Earlier Rounds (Seed to Series F)
- Cumulative Funding: ~$345 million
- Key Investors: Steadview Capital, Accel, and others
- Purpose: Product development, infrastructure scaling, and global market entry
Total Funding Raised: ~$475 million
Latest Funding Date: March 8, 2024
Latest Known Valuation: ~$3.5 billion
Employee Count: 751 (as of December 31, 2024)
Annual Revenue: ₹373 crore (as of March 31, 2024)
Key Investors
1. Insight Partners
- Details: Global private equity and venture capital firm investing in high-growth software companies.
- Focus Areas: SaaS, cloud infrastructure, and enterprise software.
2. Tiger Global Management
- Details: Investment firm backing innovative technology companies across stages and sectors.
- Focus Areas: Fintech, SaaS, and global software platforms.
3. Sapphire Ventures
- Details: Venture capital firm investing in growth-stage enterprise technology companies.
- Focus Areas: Cloud software, AI-driven tools, and revenue management platforms.
4. G Squared
- Details: Growth-stage investment firm supporting disruptive technology leaders.
- Focus Areas: SaaS, fintech, and digital transformation companies.
Where Is Chargebee’s Headquarters?
Chargebee is headquartered in Bethesda, Maryland, United States, where it manages operations in product engineering, finance automation, and global customer success.
What’s Next for Chargebee?
Chargebee plans to expand its AI-native finance automation suite, integrating predictive analytics and real-time revenue forecasting into its platform. The company aims to strengthen partnerships with enterprise clients, enhance payment integrations, and support global compliance requirements.
With a $3.5B valuation and consistent revenue growth, Chargebee continues to shape the future of subscription billing and revenue operations for SaaS and digital-first businesses.
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