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Conexiom - About the company

Conexiom is an acquired company based in Vancouver (Canada), founded in 2005. It operates as an AI-powered order and invoice automation for manufacturers and distributors. Conexiom has raised $170M in funding from Iconiq Capital and Warburg Pincus. The company has 251 active competitors, including 32 funded and 24 that have exited. Its top competitors include companies like Kivra, ABEJA and Neat.

Company Details

AI-powered order and invoice automation for manufacturers and distributors. It helps manufacturers and distributors modernize their manual order entry process with purpose-built AI developed on industry expertise. Intelligent automation eliminates unnecessary errors, delays, and costs by accurately capturing, correcting, and transforming emailed and file-based orders from any document format, into fulfillment-ready ERP entries. Account teams move faster with AI-assisted accuracy and zero manual entry, while advanced touchless processing pushes high-volume transactions straight to the ERP. It turns the slowest manual channel into a smart, flexible digital pipeline that delivers faster turnaround, lower costs, and happier customers on a trusted, enterprise-grade platform.
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Registered Address
Deerfield, Illinois
Key Metrics
Founded Year
2005
Location
Vancouver, Canada
Stage
Acquired
Total Funding
$170M in 2 rounds
Latest Funding Round
Ranked
Employee Count
175 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Luminate Capital Partners (Mar 14, 2018)

Conexiom's acquisition details

Conexiom got acquired by Luminate Capital Partners on Mar 14, 2018.
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Conexiom's funding and investors

Conexiom has raised a total funding of $170M over 2 rounds. Its first funding round was on Jul 28, 2020. Its latest funding round was a Series D round on Sep 28, 2021 for $*****. 2 investors participated in its latest round. Conexiom has 2 institutional investors.

Here is the list of recent funding rounds of Conexiom:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 28, 2021
4561502
Series D
6646692
7387258
5281514
4994097
Jul 28, 2020
4818738
Series C
7953999
1514533
3311849
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Conexiom's founders and board of directors

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Conexiom's employee count trend

Conexiom has 175 employees as of Jul 26. Here is Conexiom's employee count trend over the years:
Employee count trend for Conexiom
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Conexiom's Competitors and alternates

Top competitors of Conexiom include Kivra, ABEJA and Neat. Here is the list of Top 10 competitors of Conexiom, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kivra
Kivra
2010, Stockholm (Sweden), Series A
Provider of a digital platform for receiving and managing documents
$11.1M
68/100
2nd
Logo for ABEJA
ABEJA
2012, Minato City (Japan), Public
Provider of digital platforms, AI solutions, and DX support services
$45.5M
64/100
3rd
Logo for Conexiom
Conexiom
2005, Vancouver (Canada), Acquired
AI-powered order and invoice automation for manufacturers and distributors
$170M
62/100
4th
Logo for Neat
Neat
2002, Philadelphia (United States), Series B
Digital Filing System for small businesses
$16.9M
56/100
5th
Logo for Deepsee Analytics
Deepsee Analytics
2017, Salt Lake City (United States), Series A
Provider of AI agents designed for financial services process automation
$30.7M
55/100
6th
Logo for Mobius Labs
Mobius Labs
2018, Berlin (Germany), Acquired
Developer of open-source multimodal AI for text, audio, and video
$6.18M
53/100
7th
Logo for GruntWorx
GruntWorx
2005, Hampton (Australia), Acquired
Provider of automated tax document organization and data extraction software
$16.2M
53/100
8th
Logo for Veryfi
Veryfi
2017, San Mateo (United States), Series A
Developer of APIs for document data extraction and fraud detection
$18.9M
51/100
9th
Logo for Inspektlabs
Inspektlabs
2019, New Castle (United States), Seed
Provider of AI-powered solutions for vehicle damage inspection and assessment
$1.05M
50/100
10th
Logo for Slyp
Slyp
2017, Sydney (Australia), Series B
Provider of customer engagement and loyalty solutions for retailers
$34.5M
50/100
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Conexiom's Investments and acquisitions

Conexiom has made no investments or acquisitions yet.

Reports related to Conexiom

Here is the latest report on Conexiom's sector:

News related to Conexiom

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Media has covered Conexiom for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
Conexiom Launches AI-Native Order and Invoice Automation ProductModern Distribution ManagementSep 02, 2026Conexiom
Conexiom Announces CEO SuccessionModern Distribution ManagementAug 07, 2025Conexiom
Conexiom Appoints New CEOModern Distribution ManagementMar 02, 2023Phlexglobal, Conexiom
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