Chargify (Maxio)

United States · www.chargify.com · 29 vendors

Resilience scores

Technology vendors

Services catalogue

2 services in catalogue across 2 categories; runs on 29 sub-vendors.

Insights

Last updated 2026-07-21 · revision 2

29 direct vendors, 275 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Migration Readiness: 6/10

Assessed by AI based on technology stack characteristics (cloud-native vs legacy, containerization, microservices), regulatory environment, data residency requirements, financial stability, and vendor lock-in risks. The score ranges from 0-10, where higher scores indicate better readiness for technology migration.

Chargify (Maxio) exhibits a moderate level of migration readiness. The existing internal tech stack, which includes AWS and Heroku, indicates a foundation in cloud infrastructure, facilitating potential cloud migrations. The architecture's reliance on REST APIs and Webhooks suggests a modular design that can ease integration and decoupling during a migration. The company's strong compliance framework (SOC 2, PCI DSS, GDPR, ISO 27001, DPF) is a double-edged sword; while it demonstrates maturity, it also means any migration must meticulously ensure continued adherence to these complex regulatory requirements, potentially increasing migration complexity and cost. A significant challenge to migration readiness is the unspecified data residency requirements, which, if strict, could heavily influence target regions and architectural choices. Financial stability data (revenue concentration, growth history) is also missing, making it difficult to assess the company's capacity to fund a significant migration effort. While there is vendor geographic diversity across 5 countries for 15 services, the specific vendor lock-in risk for core platforms like AWS or Heroku is unknown, which could pose challenges in switching providers or refactoring services. The tech stack does not explicitly mention containerization or microservices, which would typically indicate higher readiness for modern, agile migrations.

Compliance

7 in-scope frameworks identified; showing 3.

PCI DSS (source) — Compliant

Maxio handles payment card data as part of its subscription billing and payments platform, making PCI DSS compliance mandatory and critical. The company has achieved PCI DSS Level 1 compliance (the highest level, applicable to service providers processing over 300,000 transactions annually) for both Maxio Payments and Advanced Billing (formerly Chargify). Risk is Low because: (1) PCI DSS 4.0.1 compliance is confirmed with a publicly downloadable certificate; (2) Maxio is listed on the Visa Global Registry of Service Providers; (3) Maxio is an Associate Participating Organization of the PCI Security Standards Council; (4) annual QSA audits are contractually committed in the DPA. The main residual risk is the inherent sensitivity of payment card data and the evolving PCI DSS 4.0 requirements.

Evidence: https://www.maxio.com/security, https://www.maxio.com/wp-content/uploads/2026/03/PCI-Certificate-Service-Provider-v4.0.1-Maxio-LLC.pdf, https://www.visa.com/splisting/searchGrsp.do, https://www.maxio.com/dpa

CPRA — Compliant

Maxio is headquartered in Georgia (Peachtree Corners, GA) but serves customers and processes data of California residents, making CCPA/CPRA applicable. The company has implemented a comprehensive CCPA compliance program. Risk is Low because: (1) Maxio explicitly addresses CCPA in its Privacy Policy with all required disclosures; (2) the DPA includes US Terms covering CCPA obligations; (3) Maxio explicitly states it does not sell personal information for monetary consideration; (4) consumer rights (access, deletion, correction, opt-out, portability) are documented; (5) the company acts as a Service Provider under CCPA for customer data, with appropriate contractual restrictions.

Evidence: https://www.maxio.com/privacy-policy, https://www.maxio.com/dpa

SOC 2 (source) — Compliant

Maxio has completed an annual SOC 2 Type 2 audit, which is the most rigorous form of SOC 2 attestation (covering operational effectiveness of controls over a period of time, not just design). The company is a cloud-based SaaS provider handling sensitive financial and billing data for B2B customers, making SOC 2 highly relevant and expected by enterprise customers. Risk is Low because: (1) the SOC 2 Type 2 audit is confirmed as annual; (2) the DPA contractually commits to maintaining SOC 2 controls; (3) the audit is performed by qualified third-party auditors; (4) the AICPA SOC badge is publicly displayed on the security page. The main residual risk is that the actual SOC 2 report is not publicly available (provided under NDA on request), so external verification of specific control exceptions is not possible.

Evidence: https://www.maxio.com/security, https://www.maxio.com/dpa

Financials

Three-year financials

Financial Resilience Score: 7/10

Maxio (formerly Chargify) demonstrates solid financial resilience underpinned by strong sponsor backing from Battery Ventures, which invested over $150 million in the 2021 combination of Chargify and SaaSOptics. As a recurring-revenue SaaS business with approximately 2,000 B2B customers processing ~$20 billion in annual billings on its platform, the company benefits from predictable subscription revenue streams and typically strong SaaS gross margins. Its position as a G2 Leader in Subscription Billing and its broadened quote-to-cash product suite (following the 2025 RevOps.io acquisition) provide competitive moats and revenue diversification. However, resilience is constrained by significant risks. Financials are entirely opaque—no audited statements, no SEC filings, and third-party revenue estimates (US$50-100M range) are unverified. The company faces intense competition from well-funded rivals including Stripe Billing, Zuora, Chargebee, Recurly, and Paddle, with Stripe having commoditized parts of its original niche. Post-merger integration risk across three product lineages (Chargify + SaaSOptics + RevOps.io), recent C-suite turnover including a June 2026 CFO transition, and concentration in the B2B SaaS end-market (vulnerable to SaaS venture funding cycles) all weigh on the outlook. Battery Ventures' 2021 investment also implies eventual exit pressure within 5-8 years, which could bring M&A or IPO disruption.

Key strengths: Battery Ventures backing with >$150M invested (2021), Recurring SaaS revenue model with ~2,000 B2B customers, ~$20B in annual billings processed on platform, G2 Leader in Subscription Billing category, Compliance credentials: SOC 1, SOC 2, ISO 27001, PCI DSS Level 1, GDPR, Broadened quote-to-cash product suite after RevOps.io acquisition, 60+ integrations and 99.9% platform uptime

Risk factors: Opaque financials with no public disclosure of profitability or leverage, Highly competitive market with Stripe, Zuora, Chargebee, Recurly, Paddle, Post-merger integration risk across Chargify + SaaSOptics + RevOps.io, Recent leadership turnover including June 2026 CFO transition, Customer concentration in B2B SaaS end-market vulnerable to VC funding cycles, Sponsor exit pressure from Battery Ventures (2021 investment vintage)

Revenue by geography

Revenue by product/service

Workforce by country

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