# ChargeBee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chargebee

- Industry: Software
- Headquarters: Maryland, US
- Website: www.chargebee.com
- Total disclosed funding: $468M
- Latest round: Series H (Feb 1, 2022)
- Investors on record: 6

## About

Founded in 2011 and based in Walnut, CA, ChargeBee Inc. provides subscription provides subscription management and billing automation solutions to help businesses enhance revenue growth through streamlined operations and effective billing practices. The company, which was co-founded by Krish Subramanian, Rajaraman Santhanam, and Saravanan KP, has successfully raised a total of USD 480.31 million across 9 rounds of funding, with the most recent round being a series H round of funding in which the company secured USD 250 million from notable investors including Sequoia Capital and Tiger Global Management. The latter round of funding values ChargeBee Inc. at USD 3.59 billion. ChargeBee Inc. specializes in subscription management and billing automation solutions designed to facilitate effective revenue growth for businesses operating on a recurring revenue model. Its core product offerings include capabilities for invoicing, provision management, usage-based pricing, customer retention, revenue recognition, and analytics. These tools help businesses streamline their billing processes, predict customer churn, manage subscriptions effectively, and ensure compliance with accounting standards such as GAAP. ChargeBee's client base spans various regions, including North America, Europe, and Asia Pacific, serving industries such as B2B SaaS, e-commerce, media and publishing, and education. ChargeBee operates on a subscription-based revenue model, wherein clients pay for access to its suite of billing and revenue management solutions. The transaction structure primarily involves direct relationships with businesses across various sectors, enabling them to implement ChargeBee's products for their subscription and billing needs. Clients may choose from multiple pricing tiers that cater to different business sizes and requirements, with features designed to support complex billing scenarios and revenue recognition needs. Flagship services include extensive automation tools that simplify invoicing and payment processing, as well as advanced analytics capabilities that provide insights into customer behavior and revenue growth potential.

## Funding rounds

- Series H, Feb 1, 2022, $250M — Hong Shan, Insight Partners, Sapphire Ventures, Tiger Global Management, Steadview Capital Management
- Series G, Apr 20, 2021, $125M — Insight Partners, Sapphire Ventures, Tiger Global Management, Steadview Capital Management
- Series F, Oct 6, 2020, $55M — Insight Partners, Tiger Global Management, Steadview Capital Management
- Series D, Aug 28, 2019, $14M — Accel, Insight Partners, Steadview Capital Management
- Series C, Feb 1, 2018, $18M — Accel, Insight Partners, Tiger Global Management
- Series B, Mar 11, 2015, $5M — Accel, Tiger Global Management
- Series A, Oct 3, 2013, $1.2M — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C, Series D
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C, Series F, Series G, Series H
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C, Series D, Series F, Series G, Series H
- Steadview Capital Management (https://capitalatlas.ai/funds/steadview-capital-management) — Series D, Series F, Series G, Series H
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series G, Series H
- Hong Shan — Series H