Chargebee, a San Francisco, CA-based subscription management platform, raised $14M in Series D funding.
The round, which brings the total funds raised to date to $38.2m, was led by Steadview Capital with participation from existing investors Insight Venture Partners and Accel.
The company plans to use the funds to expand the product offerings and partnerships to build an end-to-end subscription ecosystem to automate revenue operations.
Founded in 2011 by Krish Subramanian, CEO, Chargebee automates revenue operations of subscription-based business. Its SaaS platform allows businesses to manage and grow their revenue by automating subscriptions, billing, invoicing, payments and revenue recognition processes and it provides key reports, metrics and insights into their subscription business.
The solution is used by over 1,800 companies in 53 countries using more than 120 currencies.