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Axya logo — We digitize, optimize and automate the sourcing process for...

Axya

We digitize, optimize and automate the sourcing process for manufacturing companies.

Founded 2019 Canada Montreal, Canada 35 employees Seed Total: $5.44M Automation, Manufacturing +1

General Information

Company Name Axya
Founded Year 2019
Location Canada Montreal, Canada
Employees 35
Industries Automation, Manufacturing, Marketplaces
Funding Stage Seed
Social

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About Axya

Axya is a modular cloud-based source-to-pay software serving manufacturing companies seeking digital transformation. The company's mission is to revolutionize procurement operations in the face of a disruptive market. Axya's automated approach aims to significantly enhance operational efficiency in procurement, by improving efficiency by 80%, streamlining processes tailored for manufacturing, and harnessing data to refine operations. With a strong focus on customer support and supplier adoption, Axya aims to empower manufacturing businesses to reduce costs, improve operations, and outshine their competition. The Canada-based startup recently secured a $3.90M Seed Round investment on 09 February 2022, supported by Real Ventures, Desjardins Capital, Ecofuel Fund, and the Business Development Bank of Canada. Axya's innovative solution presents a promising opportunity for venture capitalists looking to invest in the technological evolution of manufacturing procurement.

Business keywords: Procurement operations, Manufacturing industry, Source-to-pay software, Digital transformation, Cloud-based technology, Operational efficiency, Data leverage, Supplier management, E-procurement solutions, RFQ process, Resilient operations, Cost reduction, Agile enterprise, Supplier marketplace

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.90M 4
Real Ventures Desjardins Capital Ecofuel Fund
Real Ventures, Desjardins Capital +2
09 Feb 2022
Seed Round $1.50M 3
Real Ventures Ecofuel Fund
Real Ventures, Ecofuel Fund +1
27 Apr 2021
Non Equity Assistance Undisclosed 1
Creative Destruction Lab
Creative Destruction Lab
01 Jan 2021
Non Equity Assistance Undisclosed 1
Cycle Momentum
Cycle Momentum
01 Apr 2020
Pre Seed Round Undisclosed 3
Ecofuel NEXT Canada
Ecofuel, NEXT Canada +1
01 Jan 2020
Non Equity Assistance $35.00K 1
Centech Mtl
Centech Mtl
01 May 2019

Axya Alternatives & Competitors

View All Alternatives
Axya vs
Atachi Systems
Atachi Systems United States

Atachi Systems provides manufacturing companies with a seamless, cloud-based Manufacturing Execution...

Seed
53 employees
Automation, Cloud Infrastructure
Axya vs
Bren
Bren Turkey

Enhancing steam monitoring for a more efficient future

Convertible Note
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Axya vs
Ascalia
Ascalia United Kingdom

Improve manufacturing efficiency and reduce expenditures

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14 employees
AI, Analytics
View all alternatives

FAQ About Axya

We digitize, optimize and automate the sourcing process for manufacturing companies.
Axya was founded in 2019.
Axya is headquartered in Montreal, Canada.
Axya operates in Automation, Manufacturing and Marketplaces. Its work centres on Procurement operations, Manufacturing industry, Source-to-pay software and Digital transformation.
Axya has approximately 35 employees.
Axya has completed 6 funding rounds, raising a total of $5.44M. The latest funding stage is Seed.
Top alternatives and competitors to Axya include Atachi Systems, Bren, Ascalia, Synadia, Simio Software. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Axya and Atachi Systems are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Axya, https://bouncewatch.com/company/axya, updated 1 December 2024. When citing, please name BounceWatch and link this page.

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