ConnXus

ConnXus

ConnXus is a supplier diversity technology platform.. Learn more
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DateInvestorsAmountRound
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N/A

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N/A

N/A

Seed

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Early VC
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$1.7m

Seed

$1.7m

Seed
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$2.5m

Seed

$5.0m

Series A

$2.0m

Series B

$130k

Convertible

N/A

Early VC
*

N/A

Acquisition
Total FundingCAD17.8m

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ConnXus is a technology company that specializes in providing supplier diversity and procurement management solutions. The company serves large enterprises, including Fortune 500 companies like The Coca-Cola Company and Cummins. Operating in the procurement and supply chain management market, ConnXus offers a suite of software solutions designed to help procurement professionals, diverse suppliers, and small businesses innovate, source, track, and connect. The business model revolves around subscription-based software services, which generate revenue through licensing fees and additional service charges. ConnXus's key offerings include an all-encompassing Vendor Management System (VMS), document management, ERP integration, and SmartScrub, a data enrichment and validation tool. These solutions aim to streamline supplier information management, reduce costs, and minimize risks for its clients. The company also provides a Platinum Supplier Development Program to help small and diverse businesses enter new supply chains. ConnXus emphasizes a culture of innovation, diversity, and inclusion, empowering its employees and clients alike.

Keywords: supplier diversity, procurement management, VMS, ERP integration, SmartScrub, data enrichment, Fortune 500, cost reduction, risk minimization, supply chain innovation.

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