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Billing startup Chargebee becomes a unicorn with Tiger funding

Chargebee enters unicorn club with $125 million funding from Tiger Global, others SECTIONS Share Synopsis The subscription billing and revenue management platform is looking to expand its global footprint and further add to its partnership network. ETtech Chargebee is the latest Software-as-a-service (SaaS) company to reach unicorn status with its announcement on Tuesday about raising $125 million in series G funding, which triples its valuation in less than six months, pushing it to $1.4 billion. The subscription billing and revenue management platform is looking to expand its global footprint and further add to its partnership network. The company said that the global pandemic has accelerated the already growing shift to SaaS and subscription-based business models from cars to coffee providers. It said that the demand for moving into a recurring revenue stream is expected to grow at a 17.5% CAGR over the next five years.

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[Funding alert] SaaS startup Chargebee becomes unicorn after raising $125M in Series G round

[Funding alert] SaaS startup Chargebee becomes unicorn after raising $125M in Series G round The round was led by Sapphire Ventures, Tiger Global, and Insight Venture Partners. The company said the funding will allow Chargebee to expand its global footprint and further add to its partnership network. 0 claps $125 million in series G funding, co-led by new investor Sapphire Ventures and existing investors Tiger Global and Steadview Capital. The company said the new round of funding will allow Chargebee to expand its global footprint and further add to its partnership network. Chargebee is now valued at $1.4 billion, which triples its valuation in less than six months.

Krish subramanianThiyagarajan thiyaguKrish subramaniamRajaraman santhanamInsight venture partnersSan francisco based saasSapphire venturesTiger globalImage creditsகிருஷ் சுப்ரமணியன்கிருஷ் சுப்ரமணியம்ராஜராமன் சாந்தனம்நுண்ணறிவு துணிகர கூட்டாளர்கள்சான் பிரான்சிஸ்கோ அடிப்படையிலானது சாஸ்சபையர் முயற்சிகள்புலி உலகளாவிய

Chennai-based Chargebee enters Unicorn club with $125-m funding

Chennai-based Chargebee enters Unicorn club with $125-m funding April 20, 2021 Funding was co-led by new investor Sapphire Ventures, existing investors Tiger Global, Insight Venture Partners Chargebee, the leading subscription billing and revenue management platform (in SaaS space), is the latest start-up from the city to enter the Unicorn club after it was valued at $1.4 billion following a fresh round of $125 million in series G funding. The other Unicorns from Chennai are Zoho and Freshworkks (both in the SaaS space). The latest round of funding for Chargebee was co-led by new investor Sapphire Ventures and existing investors Tiger Global and Insight Venture Partners, along with participation from another existing investor, Steadview Capital.

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Chargebee valued at $1 4 billion in new $125 million fundraise – TechCrunch

Chargebee valued at $1.4 billion in new $125 million fundraise A startup that enables businesses to set up and manage their billing, subscription, revenue operations and compliance has become the newest firm to earn the much coveted unicorn status. Chennai and San Francisco-headquartered Chargebee said on Tuesday it has raised $125 million in its Series G financing round led by Sapphire Ventures and existing investors Tiger Global and Insight Venture Partners. The new financing round valued the 10-year-old startup at $1.4 billion, a 3x increase since the Series F round six months ago. Some other existing investors also participated in the new round, said Chargebee, which has raised $230 million to date.

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Chennai-based revenue management platform Chargebee, becomes Unicorn with fresh round of funding

Chennai-based revenue management platform Chargebee, becomes Unicorn with fresh round of funding
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Tamil naduInsight venture partnersSapphire venturesTiger globalதமிழ் நாடுநுண்ணறிவு துணிகர கூட்டாளர்கள்சபையர் முயற்சிகள்புலி உலகளாவிய