Chargebee: $250 Million for Subscription Management

Chargebee: $250 Million for Subscription Management

Last day, Chargebee raised $250 Million from investors, including Tiger Global and Sequoia Capital. With this round, Chargebee increased their valuation by 2.5x within the last 12 months πŸš€.



In 2022 every business wants a subscription revenue stream, and this is precisely what Chargebee targets ( Estimated market size of $1.5 T by 2025).

With this new shift towards subscription and pandemic acting as a catalyst, Chargebee doubled its revenue within the last 12 months.

Chargebee currently powers over 4,000 businesses, including SMBs, to enterprises, including Freshworks and Calandly.


What problem did Chargebee initially solve?

πŸ‘‹ Building infrastructure for managing subscription payment is complex for small startups and SMBS

πŸ‘‹ Failed payment often leads to a loss in revenue

πŸ‘‹ Multiple countries have multiple regulations, and small teams will have difficulty navigating through it.

πŸ‘‹ Invoicing and billing processes are hard to scale

πŸ‘‹ Subscription revenue management is operation heavy


With the right founding team and laser focus on the right problem, Chargebee's founding team quickly found product-market-fit and expanded the product line based on ever-growing consumer demand.

By the end of 2015, Chargebee's was handling $100 Million in annual transactions. This was an insane milestone to achieve just after 5 years of inception.

In this last round, there was participation from investors, including Insight Partners, Sapphire, and Steadview Capital.

Right now, Chargebee has an annual revenue of $33.7M with a 40.50% year over year growth (2021 stats).

Kudos and Best wishes to Β Chargebee's team, Saravanan KP, Krish Subramanian, Rajaraman Santhanam, @Thiyagarajan Thiyagu - Lead the way πŸ₯‚.


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