Chargify

Needham, United States Founded: 2009 • Age: 17 yrs Acquired By Scaleworks
Billing and subscription management tools for B2B SaaS companies
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About Chargify

Chargify is a company based in Needham (United States) founded in 2009 was acquired by Scaleworks in June 2016.. Chargify has completed 2 acquisitions, including Keen and ProRata. Chargify offers products and services including Maxio Metering, Subscription Management, and Revenue Recognition. Chargify operates in a competitive market with competitors including Recurly, Zuora, Chargebee, Cleeng and Hyperline, among others.

  • Headquarter Needham, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Maxio Llc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Keen

    & 1 more

  • Acquired by
    Scaleworks

    (Jun 01, 2016)

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Products & Services of Chargify

Chargify offers a comprehensive portfolio of products and services, including Maxio Metering, Subscription Management, and Revenue Recognition. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages usage-based billing for scalable SaaS products

Automates subscription setups and renewals for businesses

Handles accurate financial reporting for B2B transactions

People of Chargify
Headcount 50-200
Employee Profiles 22
Employee Profiles
People
Matt Patrick
Onboarding Specialist
People
Katarzyna Kozik
Software Quality Engineer
People
Alyssa Swanson
Customer Support
People
Julian Hartnett
Frontend Designer

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Funding Insights of Chargify

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2021 Amount Series A - Chargify Valuation Battery Ventures
Jul, 2011 Amount Angel Round - Chargify Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Chargify

Chargify has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Battery Ventures, Mark Cuban and Scaleworks. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments in technology companies are conducted globally by Battery Ventures.
Founded Year Domain Location
B2B SaaS companies are invested in and operated by Scaleworks.
Founded Year Domain Location

Mark Cuban

American billionaire, angel investor, Shark Tank star, and Dallas Mavericks owner
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Chargify

Chargify has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Keen and ProRata. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Revenue recognition and reporting solutions are provided for small businesses.
2014
Cloud-based analytics platform used by omnichannel retailers for data insights.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Chargify

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Chargify Comparisons

Employees
+
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Competitors of Chargify

Chargify operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Recurly, Zuora, Chargebee, Cleeng and Hyperline, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Subscription billing automation is provided for business operations.
domain founded_year HQ Location
Cloud-based invoice and subscription management solutions for businesses
domain founded_year HQ Location
Cloud-based solutions for billing, subscriptions, and revenue management are provided.
domain founded_year HQ Location
Subscriber management systems are provided for digital services.
domain founded_year HQ Location
Hyperline is recognized as Web3's first data lakehouse for analytics.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Chargify

Frequently Asked Questions about Chargify

When was Chargify founded?

Chargify was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is Chargify located?

Chargify is headquartered in Needham, United States. It is registered at Needham, Massachusetts, United States.

What does Chargify do?

Chargify was founded in 2009 in Needham, United States, within the SaaS sector. Tools for billing and subscription management are provided to B2B companies, allowing customization of plans through setup fees, free trial periods, and expiration dates. Operations encompass billing processes, subscription handling, accounting functions, and analytics reporting to support revenue-related activities.

Who are the top competitors of Chargify?

Chargify's top competitors include Recurly, Zuora and Chargebee.

What products or services does Chargify offer?

Chargify offers Maxio Metering, Subscription Management, and Revenue Recognition.

How many acquisitions has Chargify made?

Chargify has made 2 acquisitions, including Keen, and ProRata.

Who are Chargify's investors?

Chargify has 3 investors. Key investors include Battery Ventures, Mark Cuban, and Scaleworks.

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