About ARxIUM
ARxIUM is a company based in Winnipeg (Canada) founded in 2006.. ARxIUM has raised $7.6 million across 2 funding rounds. The company has 118 employees as of December 31, 2022. ARxIUM offers products and services including Medication Packager, Vial Filler, Robotic IV Automation, Central Fill & Mail Order, and Inventory Management Platform. ARxIUM operates in a competitive market with competitors including mPharma, OmniSYS, Xevant, Pharmagest and Pharmarack, among others.
- Headquarter Winnipeg, Canada
- Employees 118 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Arxium, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.6 M (USD)
in 2 rounds
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Latest Funding Round
$7.6 M (USD), Series A
Oct 31, 2007
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Investors
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Employee Count
118
as on Dec 31, 2022
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Products & Services of ARxIUM
ARxIUM offers a comprehensive portfolio of products and services, including Medication Packager, Vial Filler, Robotic IV Automation, Central Fill & Mail Order, and Inventory Management Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates packaging of medications for pharmacies.
Efficiently fills vials with precise medication doses.
Automates IV preparation to ensure accuracy and safety.
Handles centralized filling and mail-order distribution.
Manages pharmacy inventory for better control and tracking.
Provides automated storage and retrieval for medications.
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Funding Insights of ARxIUM
ARxIUM has successfully raised a total of $7.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.6 million completed in October 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $7.6M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2007 | Amount | Debt – Conventional - ARxIUM | Valuation |
investors |
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| Oct, 2007 | Amount | Series A - ARxIUM | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by ARxIUM
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ARxIUM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Arxium Comparisons
Competitors of ARxIUM
ARxIUM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as mPharma, OmniSYS, Xevant, Pharmagest and Pharmarack, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of pharmacy management services and software for stock management for patients and pharmacies
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| domain | founded_year | HQ Location |
Offers medical billing services for pharmacies and manages business policies and relationships.
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| domain | founded_year | HQ Location |
A SaaS-based platform for pharmacy benefit management is provided.
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| domain | founded_year | HQ Location |
Pharmacy management software is developed and integrated for drugstores worldwide.
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| domain | founded_year | HQ Location |
SaaS-based pharmacy management solutions are offered to retailers and distributors.
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| domain | founded_year | HQ Location |
AI-driven pharmacy benefit management software is provided for pharmacies.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Arxium
Frequently Asked Questions about ARxIUM
When was ARxIUM founded?
ARxIUM was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is ARxIUM located?
ARxIUM is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.
Who is the current CEO of ARxIUM?
Niels Erik Hansen is the current CEO of ARxIUM.
Is ARxIUM a funded company?
ARxIUM is a funded company, having raised a total of $7.6M across 2 funding rounds to date.
How many employees does ARxIUM have?
As of Dec 31, 2022, the latest employee count at ARxIUM is 118.
What does ARxIUM do?
ARxIUM was founded in 2006 in Winnipeg, Canada, and operates in the healthcare technology sector. Pharmacy automation solutions are offered to streamline inventory management, supply chain operations, and workflow processes within health systems. A platform known as Pharmacy 4.0 is provided to address pharmacy-specific challenges. Services encompass catalog-based tools for pharmacies, with a focus on efficiency in North American markets.
Who are the top competitors of ARxIUM?
ARxIUM's top competitors include mPharma, Scripta Insights and KareXpert.
What products or services does ARxIUM offer?
ARxIUM offers Medication Packager, Vial Filler, Robotic IV Automation, Central Fill & Mail Order, and 2 more products and services.