What is Maxio?
Maxio is a subscription billing and financial operations platform. Maxio is the result of a merger between Chargify and SaasOptics, two companies who have each existed for over 15 years and have grown into household names in the subscription-billing economy in the last decade. They merged into Maxio in 2021, supported by Battery ventures.What is Sequence?
Sequence is an integrated billing, quoting and revenue recognition platform for Finance teams at B2B SaaS companies with usage-based pricing and custom deal terms. Sequence was founded in 2021 and is backed by Andreessen Horowitz and Salesforce Ventures.Key differences between Sequence and Maxio
Designed for modern pricing models
Maxio was originally built with a focus on traditional subscription billing and has had limited flexibility for more complex pricing models. Even after the merger, its support for modern pricing approaches, such as usage-based billing, is still evolving. Maxio has only recently started to work with companies who require usage-based pricing. Sequence is purpose-built for modern pricing models, including usage-based, hybrid, and dynamic pricing structures. This makes it a more versatile choice for SaaS companies looking to innovate their revenue operations.First-class support and fast implementation
Maxio is feature-rich but has a reputation for being difficult to implement, often requiring multiple quarters and dozens of hours of implementation calls to fully integrate. This can slow down time-to-value and increase operational costs. Sequence offers a fast implementation process that gets you up and running quickly. The average Sequence customer goes live in under 1 month. Our dedicated support team ensures a smooth transition and provides ongoing assistance via Slack.Product experience and user interface
Maxio’s interface, inherited from its legacy components from Chargify and SaasOptics, can be complex and unintuitive, often requiring significant training and adjustment. Sequence is designed with a modern, user-friendly interface that simplifies complex billing operations. Finance teams can manage and adjust billing workflows without extensive technical knowledge, reducing the learning curve.Maxio and Sequence in comparison
| Maxio | Sequence | |
|---|---|---|
| Overview | Established player in subscription billing through a 2021 merger of Chargify (2009) and SaasOptics (2009) | Backed by a16z and Salesforce Ventures, designed for modern pricing models and custom contracts |
| Product | Feature-rich but complex, focused on traditional subscription billing | Versatile platform supporting modern pricing, billing, and revenue recognition |
| Pricing flexibility | Limited support for advanced pricing models | Built for hybrid usage-based pricing and contracts with custom terms |
| CPQ | No sales quoting capabilities | Create, publish and sign custom quotes in minutes, with Sequence CPQ |
| Developer APIs | Fragmented, with legacy components (see docs) | Consistent, developer-friendly APIs for seamless integration |
| Support & Implementation | Complex, multi-quarter implementation | Fast implementation (avg. under one month) with responsive support via Slack |
| User experience | Complex and legacy-based UI | Modern, intuitive UI designed for ease of use |
| Reporting | Subscription reporting features powered by SaasOptics. | Native data warehouse & BI tool integrations available for flexible revenue reporting |