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Cheddar logo — Subscription and Usage-based billing software.

Cheddar

Subscription and Usage-based billing software.

Founded 2008 United States Bloomington, United States 52 employees Seed Total: $1.25M Financial Services, Payments +1

General Information

Company Name Cheddar
Founded Year 2008
Location United States Bloomington, United States
Employees 52
Industries Financial Services, Payments, SaaS
Funding Stage Seed
Social

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About Cheddar

Cheddar is a **Financial Services**, **Payments**, and **SaaS** startup based in the United States, founded in **2009**. Their slogan, "Subscription and Usage-based billing software", encapsulates their approach to solving billing challenges. Cheddar's unique usage-based billing model drastically reduces the time required to integrate monetization into products, potentially saving companies up to 90%. This approach applies to various billing models such as metered, one-time, subscription, or combinations thereof. By simplifying the complexities of billing and collections through a few API calls, Cheddar manages pricing, processing, underwriting, SaaS metrics, customer communications, and revenue optimization. In **2017**, Cheddar secured a **$1.25M** Seed Round investment from a consortium of investors including **Connetic Ventures**, **Cultivation Capital**, **M25**, **Elevate Ventures**, **Harbor Street Ventures**, **SixThirty**, **Warhawk Ventures**, and **Little Engine Ventures**. Notably, Cheddar is a portfolio company of SproutBox, a team of product developers, creatives, and business experts dedicating their talent to startups with high growth potential in exchange for equity. Cheddar's innovative billing solutions, backed by recent investment, position it as a compelling player in the subscription and usage-based billing software space.

Business keywords: billing software, subscription management, usage-based billing, SaaS metrics, API integration, revenue optimization, startup investment, equity exchange, monetization strategy

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $1.25M 8
Connetic Ventures Cultivation Capital M25
Connetic Ventures, Cultivation Capital +6
14 Aug 2017
Seed Round Undisclosed 1
SixThirty
SixThirty
01 Mar 2016

Cheddar Alternatives & Competitors

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Cheddar vs
Chargebee
Chargebee United States

Chargebee is the billing and monetization platform for the AI economy.

1306 employees
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Cheddar vs
m3ter
m3ter United Kingdom

m3ter from Salesforce. We help software scale-ups automate usage-based billing and manage complex pr...

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Cheddar vs
Maxio
Maxio United States

The financial operations platform designed to help B2B SaaS companies unlock their next stage of gro...

253 employees
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FAQ About Cheddar

Subscription and Usage-based billing software.
Cheddar was founded in 2008.
Cheddar is headquartered in Bloomington, United States.
Cheddar operates in Financial Services, Payments and SaaS. Its work centres on billing software, subscription management, usage-based billing and SaaS metrics.
Cheddar has approximately 52 employees.
Cheddar has completed 2 funding rounds, raising a total of $1.25M. The latest funding stage is Seed.
Top alternatives and competitors to Cheddar include Chargebee, m3ter, Maxio, Solvimon, Billforward. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cheddar and Chargebee are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cheddar, https://bouncewatch.com/company/cheddar, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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