When was Axonify founded?

Axonify was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is Axonify located?

Axonify is headquartered in Waterloo, Canada.

How many employees does Axonify have?

As of Sep 30, 2026, the latest employee count at Axonify is 192.

Is Axonify a funded company?

Axonify is a funded company, having raised a total of $28.1M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 07, 2012.

When was the latest funding round of Axonify?

Axonify's latest funding was a $***** Series C round on Oct 09, 2018, with participation from 1 investor.

Where does Axonify rank among its competitors?

Axonify ranks 53rd amongst 4594 active competitors, of which 307 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Factorial, which secured $150M in Jun, 2026.

Who are the top competitors of Axonify?

Axonify's top competitors include Workday, Cornerstone and Kronos. Among them, Factorial secured the most recent funding round in June, 2026.

Axonify - 2026 Company Profile, Funding & Competitors

Axonify is an acquired company based in Waterloo (Canada), founded in 2011. It operates as a Provider of a platform for frontline employee training and task management. Axonify has raised $28.1M in funding from investors like JMI Management, Bridgescale and Accelerator Centre. The company has 4594 active competitors, including 307 funded and 322 that have exited. Its top competitors include companies like Workday, Cornerstone and Kronos.

Company Details

Provider of a platform for frontline employee training and task management. The platform integrates communication, training, and task management to ensure frontline teams are prepared. It offers tools for adaptive training, AI-powered assistance, and content authoring. The platform aims to improve employee onboarding, customer experience, and change readiness.

Website: axonify.com
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Key Metrics

Founded Year

2011

Location

Waterloo, Canada

Stage

Acquired

Total Funding

$28.1M in 5 rounds

Latest Funding Round

Series C, Oct 09, 2018, $*****

Investors

JMI Management & 12 more

Ranked

53^rd among 4594 active competitors

Employee Count

192 as on Sep 30, 2026

Investment & Acquisitions

Nudge & 1 more

Similar Companies

Cornerstone & 2428 more

Exit Details

Acquired by Luminate Capital Partners (Apr 20, 2021)

View Axonify's full profile

Axonify got acquired by Luminate Capital Partners on Apr 20, 2021.

Click here to take a look at Axonify's acquisition in detail

Axonify has raised a total funding of $28.1M over 5 rounds. Its first funding round was on Mar 07, 2012. Its latest funding round was a Series C round on Oct 09, 2018 for $*****. 1 investor participated in its latest round. Axonify has 13 institutional investors.

Here is the list of recent funding rounds of Axonify:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 09, 2018	7380871	Series C	3816573	5240881	6227813	6528561
Nov 01, 2016	9137865	Series C	1577283	4132914	9495645	BDC
Feb 28, 2014	3454949	Series A	3151024	9012243	Accelerator Centre	5080714

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View details of Axonify's funding rounds and investors

Axonify's employee count trend

Axonify has 192 employees as of Sep 26. Here is Axonify's employee count trend over the years:

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Top competitors of Axonify include Workday, Cornerstone and Kronos. Here is the list of Top 10 competitors of Axonify, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, T. Rowe Price & 11 others	88/100
2nd	Cornerstone 1999, Santa Monica (United States), Acquired	Provider of a platform for talent experience and workforce agility	$64.4M	Meritech, Bessemer Venture Partners & 16 others	85/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	81/100
4th	Go1 1998, Brisbane (Australia), Series D	Cloud-based LMS platform for multi-industry	$430M	Seek, AirTree & 33 others	80/100
5th	Deel 2019, San Francisco (United States), Series E	Provider of human resources and international payroll compliance software tools	$986M	Spark Capital, Andreessen Horowitz & 55 others	79/100
6th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	79/100
7th	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, CRV & 10 others	78/100
8th	PeopleStrong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	78/100
9th	Remote 2019, Amsterdam (Netherlands), Series C	Provider of employment infrastructure for payroll compliance and contractor management	$506M	Index Ventures, Sequoia Capital & 27 others	77/100
10th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 1 others	77/100
53rd	Axonify 2011, Waterloo (Canada), Acquired	Provider of a platform for frontline employee training and task management	$28.1M	Harmony Partners, Harmony Venture Partners ... & 11 others	70/100