ChargeBee Secures $350K in Funding

Funding Rounds

▤ Summary

ChargeBee, a Chennai, India-based Subscription Billing Solution for Online Businesses (SaaS and Retail), has secured $350K in funding.Backers include an undisclosed group of private angel investors.The company intends to use the capital to unveil new features, invest in operations and to expand across verticals which includes SaaS, Digital Media and Retail Subscription Commerce.Founded in June 2011 (see them here) Krish Subramanian, CEO, and other three former Zoho employees, ChargeBee offers subscription and recurring billing solutions to businesses across different industries.With plug-and-play capabilities, the service provides businesses with the opportunity to automate recurring credit card billing, invoicing, track growth metrics and improve communication with their customers.

$ Funding

$
Amount $350.0K Total raised
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Date December 14, 2012 Announcement date
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Investors - Lead investors
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Company http://www.chargebee.com/about.html Funded company

▥ Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
SaaS Subscription Billing Software Revenue Recognition Software

▦ Linked Companies

Chargebee
$10M to $25M