SaaSOptics and Chargify Merge to Form Maxio; Battery Ventures Backing

SaaSOptics and Chargify announced a merger and rebrand to form Maxio, a combined subscription billing and financial operations platform for high-growth SaaS companies. The move follows a combined $150 million growth equity investment by Battery Ventures in April 2021 and creates a company serving more than 2,300 customers and managing roughly $10 billion in customer ARR, headquartered in Atlanta, Georgia.