Maxio

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Maxio - overview

Established

2022

Location

Atlanta, GA, US

Primary Industry

Software

About

Based in the US, and founded in 2022, SO Holdco, LLC doing business as Maxio operates as a software company that offers a financial operations platform that provides billing, revenue management, SaaS analytics, etc solutions. In April 2022, Chargify, LLC, a portfolio company of Scaleworks and Battery Ventures, merged with SaaSOptics, LLC, a portfolio company of Techstars Ventures, Silicon Valley Bank, and Fulcrum Equity Partners to form SO Holdco, LLC. As of 2022, the company is led by its chairman Jason Parkman. The company has a customer base of 2300 worldwide and USD 10 billion in customer annual recurring revenue.


By 2022, the company has 260 team members in four offices in Texas, Georgia, Ireland, and Poland. It provides subscription and revenue management solutions that help in growing subscription businesses and offer flexible pricing and packaging. The company provides services such as subscription management that help in automating invoice creation, renewing, and retaining customers and accepts payments with different payment methods. It offers several subscription billing models, including custom contracts, trials, targeted promotions, etc.


Different types of services offered under subscription billing include billing models, usage-based pricing, price changes, and global billing. Another service the company provides is revenue recognition which is IFRS and US GAAP compliant. SaaS metrics are also offered in the platform which provides Billing insights, financial reporting, and metrics and analytics. The company generates revenue on a subscription basis and offers three plans, Essentials, Growth and Scale.


The essential plans start at USD 599 per month paid annually.


Current Investors

Battery Ventures, SaaSOptics, LLC, Chargify, LLC

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software, Analytics & Performance Software, Customer Relationship Management, Sales & Marketing Software

Website

www.maxio.com

Verticals

Cloud Computing, FinTech

Company Stage

Merged

Total Amount Raised

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