Maxa a Montréal-based startup has raised a CAD 2.9 million ($2.3 million USD) all-equity seed round
The round was led by York IE, an early-stage investment firm based in the United States (US). Other investors in the round include Graphite Ventures and AQC Capital, as well as several strategic private investors, including serial entrepreneur Frederic Bastien, brought in through the Anges Québec network.
With the new funding, Maxa intends to continue its product development efforts and bolster its North American go-to-market team.
Company: Maxa AI Inc.
Round: Seed round
Funding Month: June 2022
Lead Investors: York IE
Additional Investors: Graphite Ventures, AQC Capital
Company Website: https://www.maxa.ai/
Software Category: Planning (ERP) platforms
About the Company: Founded in 2019 by brothers Alexis and Raphael Steinman, Maxa provides a data automation and artificial intelligence (AI) analytics software solution, working alongside enterprise resource planning (ERP) platforms. Maxa provides a data and AI automation layer that runs alongside a company's ERP, POS, and core data systems.