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Cymax Group Technologies logo — We leverage innovative technology and AI to simplify the com...

Cymax Group Technologies

We leverage innovative technology and AI to simplify the complexities of eCommerce and drive growth for our partners.

Founded 2004 Canada Canada 238 employees Series A Total: $31.23M E-Commerce, Retail

General Information

Company Name Cymax Group Technologies
Founded Year 2004
Location Canada Canada
Employees 238
Industries E-Commerce, Retail
Funding Stage Series A
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About Cymax Group Technologies

Cymax Group Technologies is a leading eCommerce technology and logistics services platform for furniture vendors and retailers. Leveraging innovative technology and AI, the company's slogan "We leverage innovative technology and AI to simplify the complexities of eCommerce and drive growth for our partners" reflects its mission. The company was founded in 2004 and is headquartered in Canada. Cymax Group Technologies aims to simplify the complexities of eCommerce through its products - Channel Gate and Freight Club, utilizing technology, automation, and AI. The company partners with furniture vendors and retailers to address industry challenges, providing prescriptive recommendations to optimize their ROI in a fiercely competitive market. Notably, the company secured a $31.23M Series A investment on 25 September 2015. The investment came from BDC Capital, Frind Holdings, Markus Frind, and BDC Capital Corporation. Additionally, Cymax Group Technologies is recognized as a member of Team True North, a ranking that highlights high-performing tech firms tracking to $1 billion in annual revenue with growth rates placing them among the top one per cent of companies globally. Cymax Group Technologies' remote-flexible team operates in the US and Canada, reflecting its commitment to supporting partners across geographical boundaries. With a robust investor backing and a strong positioning within the eCommerce and retail industries, the company is poised for continued success and growth.

Business keywords: eCommerce, Technology, Data and Analytics, API, Shipping, Furniture, Dropshipping, Remote Work, Optimization

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $31.23M 4
BDC Capital
BDC Capital, Frind Holdings +2
25 Sep 2015
Venture Round Undisclosed 1
Canopy Capital Partners
Canopy Capital Partners
03 Aug 2011

Cymax Group Technologies Alternatives & Competitors

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Cymax Group Technologies vs
Veeqo
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Cymax Group Technologies vs
Shipit
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You sell, we do the rest.

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Cymax Group Technologies vs
Jumpseller
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Creating an Online Store has never been easier!

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FAQ About Cymax Group Technologies

We leverage innovative technology and AI to simplify the complexities of eCommerce and drive growth for our partners.
Cymax Group Technologies was founded in 2004.
Cymax Group Technologies is headquartered in Canada.
Cymax Group Technologies operates in E-Commerce and Retail. Its work centres on eCommerce, Technology, Data and Analytics and API.
Cymax Group Technologies has approximately 238 employees.
Cymax Group Technologies has completed 2 funding rounds, raising a total of $31.23M. The latest funding stage is Series A.
Top alternatives and competitors to Cymax Group Technologies include Veeqo, Shipit, Jumpseller, Returbo, Qapla'​ . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cymax Group Technologies and Veeqo 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 Cymax Group Technologies, https://bouncewatch.com/company/cymax-group-technologies, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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