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Chargebee

Can a subscription billing platform become the complete revenue infrastructure OS — spanning CPQ, billing, tax, payments, and analytics — for global SaaS and subscription businesses?

Founded2011
HQSan Francisco, California, USA
FoundersKrish Subramanian, Rajaraman Santhanam, Saravanan KP, Thiyagarajan T
Total raised$468.8M
Latest roundSeries H, February 2022
Valuation$3.5B post-money (2022)
IndustryHorizontal SaaS / Accounting
The story

Founded in 2011 as a subscription billing automation tool for SaaS startups, Chargebee evolved steadily from a simple recurring billing platform into a full Revenue Growth Management (RGM) suite covering subscription lifecycle, CPQ, revenue recognition, and usage-based pricing. The Series G in 2021 signaled ambition beyond billing into a 'full revenue management stack.' The launch of Chargebee Pay — an embedded acquiring and payouts product — marks the company's direct entry into payments infrastructure, competing with gateway-agnostic models by offering its own payment rails alongside multi-gateway orchestration.

Last 12 months
2026-02
2024-01
Product timeline
2011
Founded in Chennai, India as a subscription billing platform for SaaS businesses.· pivot
2015
Raised Series B led by Tiger Global; expanded global payment gateway integrations.· banking
2021
Raised $125M Series G at $1.4B valuation, achieving unicorn status; positioned as a full revenue management stack.· pivot
2022
Raised Series H at $3.5B valuation; expanded CPQ and revenue recognition capabilities.· pivot
2023
Launched Chargebee Pay (embedded payment acceptance product) with smart routing and payouts.· banking
2024
Expanded Chargebee Receivables and billing-for-AI solutions; partnered with ION for lead-to-ledger.· pivot
The stack
Payments / PSP
Chargebee Pay (self-operated)GoCardlessPayPalWorldpayMollie
Open banking
GoCardless
FX & payouts
GoCardless
Accounting
QuickBooks OnlineSage IntacctXeroNetSuite
Accounting gap: minor