Chargebee, Inc., a San Francisco, CA-based subscription billing and revenue operations platform powering thousands of fast-growth subscription businesses, raised $55M in Series F funding.
The round was led by Insight Partners. The current round of funding includes participation from existing investors, bringing the total funding raised to date to $105M.
With this funding, the company will enhance its product and integration ecosystem to enable these businesses to experiment and launch increasingly sophisticated revenue models.
Led by Krish Subramanian, co-founder and CEO, Chargebee provides the subscription platform used by thousands of businesses across the world, from startups to large businesses like Okta, Pret a Manger, and Envoy. The product automates complex billing and revenue operations challenges that arise as subscription businesses scale into large enterprises.
Founded in 2011, Chargebee is used by over 2,500 companies globally including businesses like Freshworks, Pret-a-manger and Study.com.