Conexiom, a Vancouver, BC-based leading SaaS provider of sales order and invoice automation solutions, raised a $130 million growth investment from Warburg Pincus, a leading global growth investor.
Warburg Pincus is joining existing investors Luminate Capital, which retains a majority stake, and ICONIQ Growth.
This investment will help Conexiom accelerate product investment to meet growing market demand.
Round: Growth Funding
Funding Month: September 2021
Lead Investors: Warburg Pincus
Additional Investors: Luminate Capital
Company Website: https://conexiom.com/
Software Category: sales order and invoice automation solutions
About the Company: Conexiom is the only SaaS platform that delivers automation outcomes across order to cash and procure to pay processes with 100% accuracy. Conexiom's platform delivers touchless AP and Sales Order processing capabilities to manufacturers and distributors and is the only vendor that automates these key processes with 100 percent data accuracy. Conexiom eliminates expensive and error-prone manual processing, enabling customers to deliver a superior customer experience. Modern businesses use Conexiom to redeploy resources to activities that deliver greater profitability, expedite order cycle time, and deliver orders on time and in full. Over $100 billion in business-to-business transactions are processed on the Conexiom platform annually. Conexiom is based in Vancouver, BC, and has offices in Kitchener, ON, London, England Munich, Germany, and Chicago, IL.