ChargeBee develops a recurring revenue management platform. The platform delivers a billing solution on the cloud. It integrates with payment gateways to let users automate recurring payment collection along with invoicing, taxes, accounting, email notifications, software-as-a-services (SaaS) metrics, and customer management. The company was formerly known as BubblePath. It was founded in 2011 and is based in Walnut, California.
ESPs containing ChargeBee
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The payments automatic (auto) reconciliation market provides a streamlined and efficient solution for reconciling payments. Auto reconciliation refers to the automated process of matching incoming payments with corresponding invoices or transactions, eliminating the need for manual reconciliation efforts. This market offers solutions that leverage advanced algorithms and data matching techniques t…
ChargeBee's Products & Differentiators
Chargebee is a recurring billing and subscription management tool that helps SaaS and SaaS-like businesses streamline Revenue Operations
Research containing ChargeBee
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned ChargeBee in 5 CB Insights research briefs, most recently on Mar 3, 2023.
Expert Collections containing ChargeBee
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ChargeBee is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Loyalty & Rewards Tech
Latest ChargeBee News
Sep 12, 2023
By KEY POINTS Chargebee cut its workforce by 10% in November 2022 The Indian SaaS company was valued at $3.5 billion less than a year after it hit unicorn status Indian software unicorn Chargebee has laid off around 10% of its global workforce less than a year after it reduced its workforce due to the global economic downturn. Once valued at $3.5 billion, the company joins other Indian unicorns struggling to emerge from the funding winter. Chargebee CEO Krish Subramanian wrote in a blog post Thursday that the company went through a "restructuring exercise" that resulted in 10% of the company's workforce being laid off. He said it was a difficult decision to make. "To position Chargebee for its next phase of efficient growth, and with the technology and market shifts underway across the industry, it is critical that we set up the organization to focus on fewer priorities, with a greater emphasis on our customers' experience and our core products," he said. Rent-To-Own Unicorn Divvy Homes Prepares For Third Round Of Layoffs; Could Affect Over 90 Jobs Read more Inc42 estimated that the latest layoffs affected between 100 and 120 employees. The Chennai and San Francisco-based software as a service (SaaS) unicorn also reportedly claimed to have offered severance packages to departing employees. Chargebee did not immediately respond to International Business Times' request for a comment. Subramanian told YourStory Monday that the reorganization was all about "ensuring we have the right people, skills and cost structure to move forward and grow." Chargebee also implemented layoffs in November 2022, wherein it let go of 10% of its workforce. At the time, Subramanian shared in a LinkedIn post details of the severance package for exiting employees, including three months of pay, three months of health care support and career assistance services. Subramanian blamed the November 2022 layoffs on the "economic situation and lack of visibility into the future." He also said Chargebee's high-speed growth in the past years created operational needs across the company which in turn affected its ability to execute. In April 2021, the startup reached unicorn status after it was valued at $1.4 billion . At the time, Chargebee had just raised $125 million in Series G financing from Tiger Global, Sapphire Ventures and Insight Venture Partners, among others. Nine months later, Chargebee was valued at $3.5 billion following a funding round amounting to $250 million. The said funding round was led by some of the world's biggest investors, including Tiger Global and Sequoia Global. Chargebee is joining several other Indian unicorns that have been struggling with the global funding winter as the economic situation leads investors to be more stingy about their investments. Data from DealStreetAsia showed that Indian unicorns only obtained $1.86 billion in funding during the first half of 2023, compared to $7.78 billion in financing during the same period in 2022. India is the world's third-largest unicorn ecosystem, but the latest data suggest that only around 25% of the country's startups are profitable at this point. Nitin Garg, a New Delhi-based independent business consultant, previously told IBT that today's unicorns are also faced with other challenges aside from funding crunches, including valuation markdowns. Among the Indian unicorns that have recently experienced valuation markdowns are food delivery company Swiggy, online hotel booking platform OYO, ed-tech giant Byju's and e-pharmacy Pharmeasy. Read more
ChargeBee Frequently Asked Questions (FAQ)
When was ChargeBee founded?
ChargeBee was founded in 2011.
Where is ChargeBee's headquarters?
ChargeBee's headquarters is located at 340 South Lemon Avenue, Walnut.
What is ChargeBee's latest funding round?
ChargeBee's latest funding round is Series H.
How much did ChargeBee raise?
ChargeBee raised a total of $468.65M.
Who are the investors of ChargeBee?
Investors of ChargeBee include Tiger Global Management, Insight Partners, Steadview Capital, Sapphire Ventures, Peak XV Partners and 3 more.
Who are ChargeBee's competitors?
Competitors of ChargeBee include Revolv3, Paddle, SaaSOptics, Chargify, Subskribe, Sofacto, Lago, Aria Systems, RevenueCat, Fusebill and 16 more.
What products does ChargeBee offer?
ChargeBee's products include Chargebee.
Who are ChargeBee's customers?
Customers of ChargeBee include Freshdesk.
Compare ChargeBee to Competitors
Recurly provides recurring billing management solutions for subscription-based software-as-a-service (SaaS), media, mobile, productivity, and publishing businesses. It develops a platform for subscription plan management, recurring billing, recurring payments, intelligent retention, and subscription analytics. The company serves the financial sector, sales and marketing, information technology sectors, and more. It was founded in 2009 and is based in San Francisco, California.
Aria Systems provides a cloud-based, billing and monetization platform to enterprises to test and iterate on pricing on a wide variety of monetization models, maximize customer value and grow recurring revenue through subscription- and usage-based offerings.
OneBill provides recurring billing & subscription management software with all the tools for grows a business. It is based in Santa Clara, California.
Stripe operates as a financial technology company. It offers an online payment processing platform that securely accepts credit card payments. It allows users to accept payments, send payouts, and manage businesses online. It offers solutions such as revenue and financial automation, Banking-as-a-service, and more for marketplaces, electronic commerce (e-commerce) companies, and more. Stripe was formerly known as DevPayments. The company was founded in 2010 and is based in South San Francisco, California.
Paddle provides a software as a service(SaaS)-based checkout, electronic commerce, marketing, and analytics platform. It enables developers to sell software and manage time-consuming operations such as acquiring customers, managing "free trial" periods, recurring billing, handling customer support, international sales taxes, and more. It was founded in 2012 and is based in London, United Kingdom.
Ordway modernizes the end-to-end sales-to-finance process. It eliminates the need for error-prone spreadsheets and manual accuracy checks during the monthly close process to ensure compliance. It was founded in 2018 and is based in Washington, DC.