Conexiom Announces $40M Strategic Growth Investment From ICONIQ Capital
Jul 28, 2020
Amount Raised
$40 Million
Round Type
Venture
VancouverSoftwareArtificial Intelligence
Description
Conexiom, the leading provider of sales order and invoice automation solutions, today announced it has received a strategic growth investment from ICONIQ Capital. ICONIQ joins existing investor, Luminate Capital, which will retain a majority stake. ICONIQ’s investment follows a record performance of 70 percent year on year growth for Conexiom.
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Company Information
Company
Conexiom
Location
Vancouver, British Columbia, Canada
About
Conexiom empowers manufacturers and distributors to process more ideal orders that are accurate, on time, in full, and profitable. The platform transforms emailed and unstructured sales orders into digital, touchless transactions with unmatched speed and accuracy. AI-driven performance agents continually improve outcomes by converting root-cause insights into automated action.
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Fundz sees it the moment Conexiom raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
VancouverSoftwareArtificial Intelligence