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.
- Website
- conexiom.com
- Registered Address
- Deerfield, Illinois
Key Metrics
Founded Year
2005
Location
Vancouver, Canada
Stage
Acquired
Total Funding
$170M in 2 rounds
Latest Funding Round
Investors
Ranked
3rd among 251 active competitors
Employee Count
175 as on Jul 31, 2026
Exit Details
Acquired by Luminate Capital Partners (Mar 14, 2018)
Legal entities associated with Conexiom
Conexiom is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CONEXIOM US, INC. CIN: 832888429 , United States, Active | Dec 31, 1999 | - | 25 (As on Dec 31, 2024) | - |
Conexiom's acquisition details
Conexiom got acquired by Luminate Capital Partners on Mar 14, 2018.
Click here to take a look at Conexiom's acquisition in detail
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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 |
View details of Conexiom's funding rounds and investors
Conexiom's founders and board of directors
Founder? Claim ProfileConexiom's employee count trend
Conexiom has 175 employees as of Jul 26. Here is Conexiom's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a digital platform for receiving and managing documents | $11.1M | 68/100 | ||
2nd | Provider of digital platforms, AI solutions, and DX support services | $45.5M | 64/100 | ||
3rd | AI-powered order and invoice automation for manufacturers and distributors | $170M | 62/100 | ||
4th | Neat 2002, Philadelphia (United States), Series B | Digital Filing System for small businesses | $16.9M | 56/100 | |
5th | 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 | Mobius Labs 2018, Berlin (Germany), Acquired | Developer of open-source multimodal AI for text, audio, and video | $6.18M | 53/100 | |
7th | Provider of automated tax document organization and data extraction software | $16.2M | 53/100 | ||
8th | Veryfi 2017, San Mateo (United States), Series A | Developer of APIs for document data extraction and fraud detection | $18.9M | 51/100 | |
9th | Inspektlabs 2019, New Castle (United States), Seed | Provider of AI-powered solutions for vehicle damage inspection and assessment | $1.05M | 50/100 | |
10th | Provider of customer engagement and loyalty solutions for retailers | $34.5M | 50/100 |
Looking for more details on Conexiom's competitors? Click here to see the top ones
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
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.
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Conexiom Launches AI-Native Order and Invoice Automation ProductModern Distribution Management•Sep 02, 2026•Conexiom
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Conexiom Revolutionizes Sales Order Automation With Release of Next-Gen AI PlatformAiThority•Feb 01, 2024•Conexiom
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Touchless AP, Sales Order Firm Conexiom Nets $130MPYMNTS.com•Oct 06, 2021•Warburg Pincus, Conexiom, Luminate Capital Partners, ICONIQ Growth and 6 others
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The Conexiom Platform Automates More Supply Chain, AP Business TasksPYMNTS.com•Sep 16, 2021•Conexiom
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