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Conexiom Announces $40M Strategic Growth Investment From ICONIQ Capital

Jul 28, 2020about 5 years ago

Amount Raised

$40 Million

VancouverArtificial IntelligenceSoftware

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.

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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