Chargebee's valuation triples to $1.4 bn in 6 months, raises $125 mn

The global pandemic has accelerated the already growing shift to SaaS (software-as-a-service) and subscription-based business models from cars to coffee providers

Chargebee, the leading subscription billing, and revenue management platform, has raised a fresh round of $125 million in series G funding. The round 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. Chargebee is now valued at $1.4 billion, which triples its valuation in less than 6 months.

The new round of funding will allow Chargebee to expand its global footprint and further add to its partnership network. The global pandemic has accelerated the already growing shift to SaaS (software-as-a-service) and subscription-based business models from