SaaSOptics and Chargify Announce Merger, Rebrand to Maxio
Summary
“Modern SaaS companies require a robust billing and revenue management solution now more than ever thanks to a dramatic rise in the adoption of subscription models with complex pricing structures,” said Jason Parkman, chair of Maxio. “Maxio has an incredible opportunity to transform the subscription management market and provide huge value to our customers by providing a complete financial operations platform, regardless of billing and pricing structure.” SaaSOptics and Chargify have delivered some of the most innovative and successful solutions addressing the needs of finance professionals, executive leadership, and SaaS founders. “It has been truly impressive to see the growth and momentum of SaaSOptics and Chargify over the past 12 months,” said Chelsea Stoner, general partner at Battery Ventures. With a complete billing and financial solution, businesses will not be forced to choose between the two and can instead adopt a hybrid approach that provides their customers with increased purchasing flexibility. "Witnessing SaaSOptics and Chargify come together over the past year has exceeded all expectations, not just from a brand and product perspective, but as a unified team,” said Chris Weber, president and chief operating officer.