Founded in 2009, Chargify was created to help B2B Software-as-a-Service (SaaS) companies manage the complexities of recurring revenue. The platform provides tools for subscription management, automated billing, revenue retention, and analytics, allowing businesses to handle various pricing models and streamline their billing operations. In May 2021, Chargify was acquired by the private equity firm Scaleworks. In April 2022, Chargify and SaaSOptics, another Scaleworks portfolio company, merged to form Maxio, a comprehensive financial operations platform for SaaS businesses. The Chargify product continues to be a core component of the integrated Maxio platform.