Fundz

Maxa raised $21M in Series A funding led by FRAMEWORK and BDC Capital’s Industrial Innovation Venture Fund

PRIVATEMay 30, 2024

Amount Raised

$21 Million

Round Type

Series A

MontrealSoftwareArtificial IntelligenceAnalyticsMachine LearningSaaS

Investors

Graphite VenturesAQC CapitalN AventuresAmiral VenturesSnowflake VenturesBDC Capital’s Industrial Innovation Venture FundFramework

Description

Maxa, a Montreal, Canada-based company, raised $21M in Series A funding. The round was led by FRAMEWORK and BDC Capital’s Industrial Innovation Venture Fund, along with other investors such as Snowflake Ventures, Amiral Ventures, and NAventures.

Quick answer

Maxa raised $21 Million in a Series A round, dated May 30, 2024. Investors: Graphite Ventures, AQC Capital, N Aventures, Amiral Ventures, Snowflake Ventures, BDC Capital’s Industrial Innovation Venture Fund and Framework. Maxa is based in Montreal, Quebec, Canada.

How much did Maxa raise?
Maxa raised $21 Million in a Series A round on May 30, 2024.
Who invested in Maxa?
Graphite Ventures, AQC Capital, N Aventures, Amiral Ventures, Snowflake Ventures, BDC Capital’s Industrial Innovation Venture Fund and Framework are named as investors in this round.
What does Maxa do?
Maxa is a Montreal, Canada-based Snowflake Native App for business system and ERP insights automation for the Gen AI era.
Where is Maxa based and how big is it?
Maxa is based in Montreal, Quebec, Canada.
Who are the decision-makers at Maxa?
Fundz holds 1 contact at Maxa. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and SaaS around the same time

Companies in the same sectors as Maxa that raised within 45 days of this round, from Fundz verified event records.

  • Clay raised $63M (Series B) on July 2, 2024.
  • Scowtt raised $765K on June 4, 2024.
  • Gong i.o Ltd. raised $250M (Series E) on May 18, 2024.
  • CRMBonus raised $75M (Series B) on May 16, 2024.
  • Smartcat raised $43M on July 3, 2024.
  • Vortex IQ raised $1M (Seed) on July 2, 2024.

Who to call at Maxa, and when

A new round usually means Maxa is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Maxa, from your own LinkedIn network

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Company Information

Company

Maxa

Location

Montreal, Quebec, Canada

About

Maxa is a Montreal, Canada-based Snowflake Native App for business system and ERP insights automation for the Gen AI era. It unifies multiple ERP and business data systems into a single, accurate, and pre-computed source of insights to ensure that both human and AI-driven business conversations are enriched with timely and accurate data insights with full audibility.

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Fundz sees it the moment Maxa raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Maxa raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.