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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 +1
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.

Taxonomy: 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 •••••• 4
Investor Investor Investor
•••• •••• 		09 Feb 2022
Seed Round •••••• 3
Investor Investor
•••• •••• 		27 Apr 2021
Non Equity Assistance •••••• 1
Investor
01 Jan 2021
Non Equity Assistance •••••• 1
Investor
01 Apr 2020
Pre Seed Round •••••• 3
Investor Investor
•••• •••• 		01 Jan 2020

View All 6 Funding Rounds

Axya Alternatives & Competitors

Axya vs
Tacto
Tacto Germany

Stronger AI. Stronger Procurement. Stronger Company. Stronger Future.

Series A
161 employees
AI, Enterprise Software
Compare Axya vs Tacto
Axya vs
Dragon Sourcing
Dragon Sourcing India

Sustainable Sourcing Value Since 2004

64 employees
Information Technology
Compare Axya vs Dragon Sourcing
Axya vs
Keel
Keel United Kingdom

The ERP alternative for Operations. Manage Inventory | Orders | Fulfilment | Production | Warehouse...

Seed
12 employees
Compare Axya vs Keel

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 the following industries: Automation, Manufacturing, Marketplaces.
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 Tacto, Dragon Sourcing, Keel, P2Connct - User-friendly Intake Platform, PINPOOLS. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Axya and Tacto 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.

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