Chargebee

Chargebee

Subscription management and recurring billing software

About Chargebee

Simplify's Rating
Why Chargebee is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

Late Stage VC

Total Funding

$455.4M

Headquarters

San Francisco, California

Founded

2011

Overview

Chargebee specializes in subscription management and recurring billing software, primarily serving businesses that operate on a subscription model, such as Software as a Service (SaaS) companies. Its platform automates and streamlines billing processes, allowing businesses to manage quotes, approvals, and collections within a Customer Relationship Management (CRM) system. Chargebee offers features like customized checkout, self-serve portals, and support for multiple payment methods, making it adaptable to various business needs. Unlike many competitors, Chargebee integrates seamlessly with popular tools like Stripe, PayPal, and Salesforce, providing a comprehensive solution for managing the entire billing and subscription lifecycle. The company's goal is to help businesses optimize their subscription billing processes, ensuring a steady stream of recurring revenue for both Chargebee and its clients.

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Simplify's Take

What believers are saying

  • Chargebee's expansion into Dublin enhances its European market presence and customer support.
  • Recognition as a leader in Gartner's Magic Quadrant boosts Chargebee's credibility and market position.
  • Growing demand for AI-driven billing solutions aligns with Chargebee's innovative platform capabilities.

What critics are saying

  • Layoffs of 142 employees may indicate financial or operational challenges for Chargebee.
  • Increased competition from AI-powered platforms like UnifyApps threatens Chargebee's market share.
  • Decline in global fintech funding could limit Chargebee's access to capital for growth.

What makes Chargebee unique

  • Chargebee offers seamless integration with popular tools like Stripe, PayPal, and Salesforce.
  • The platform supports usage-based billing, allowing flexible pricing aligned with customer value.
  • Chargebee provides a comprehensive suite for subscription management, billing, and revenue optimization.

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Funding

Total Funding

$455.4M

Above

Industry Average

Funded Over

8 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
TechCrunch
Jan 21st, 2025
Funding To Fintechs Continues To Decline, But At A Slower Pace

Welcome to TechCrunch Fintech! This week, we’re looking at just how much fintech startups raised in 2024, a slew of fundraising deals, Plaid’s reported revenue growth last year, and more!To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here.The big storyGlobal funding to fintech startups continues to decline. According to CB Insights’ State of Fintech 2024 Report, fintech startups globally raised a combined $33.7 billion in funding last year — down 20% from the year before. Deal volume also dropped — by 17% to 3,580. But there are at least a couple of bright spots: The annual decline in funding was fintech’s smallest in three years. Plus, funding rebounded to close the year strong, reaching $8.5 billion in the fourth quarter of 2024 — up 11% compared to the 2024 third quarter

Tech in Asia
Dec 12th, 2024
Israeli SaaS startup Stigg raises $17.5m series A

03-Nov-2022 | SaaS unicorn Chargebee lays off 142 employees Chargebee cuts 10% of workforce, 142 jobs lost.

Entrepreneur Loop
Nov 9th, 2024
UnifyApps Secures $20 Million to Boost AI-Powered Enterprise Integration

UnifyApps competes with established players in the SaaS integration space, such as Zoho, Freshworks, Chargebee, and Keka, each offering similar solutions.

FF News
Sep 16th, 2024
Chargebee Accelerates European Expansion With New Dublin Office

Chargebee, a leading provider of innovative subscription billing and revenue growth management solutions to global B2B and consumer-serving business, today announced the opening of its new office in Dublin, Ireland. This marks a significant milestone in Chargebee’s international expansion, reinforcing its commitment to its thriving European customer base. The move is supported by the Irish Government through the Investment Development Agency (IDA) Ireland.The decision to expand into Dublin aligns with Chargebee’s strategy to accelerate growth and enhance its market presence across Europe. With a significant number of Chargebee’s customers already based in Europe, and an existing European HQ in Amsterdam, expanding to Dublin – home to leading SaaS and technology companies – will enable Chargebee to further its mission of empowering businesses to maximise growth potential and revenue.Over the next three years, Chargebee plans to grow its Dublin team to 50 people, focusing on serving and expanding its customer base brands, including xSellco, Oddbox, Personio and Typeform. As part of the expansion initiative, Chargebee Chief Marketing Officer Guy Marion will relocate to Dublin, reinforcing executive commitment to the region. Chargebee continues to be recognised as a leader in subscription billing and revenue growth management, finding innovative ways to help customers through their whole quote to cash flow, from billing to customer retention.“Dublin’s thriving tech ecosystem and access to world-class talent make it the perfect location for Chargebee’s European expansion

Enterprise Times
Sep 16th, 2024
Chargebee opens a second front in Europe for expansion

Michael Lohan, CEO of IDA Ireland said, "I am delighted that Chargebee is planning to establish in Ireland and hire up to 50 employees in the next three years.

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