About AxesNetwork
AxesNetwork is a company based in Quebec City (Canada) founded in 2008.. AxesNetwork has raised $23.66 million across 4 funding rounds from investors including Anges Québec. The company has 1 employees as of December 31, 2024. AxesNetwork offers products and services including Blackbox, AIMS, Smart Card, and CASHIER. AxesNetwork operates in a competitive market with competitors including Just Appraised, TrueRoll, IncentiLock, Smart Gram Panchayat and DataTorque, among others.
- Headquarter Quebec City, Canada
- Employees 1 as on 31 Dec, 2024
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Sectors
Government & Social Sector
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.66 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series B
Oct 04, 2021
- Investors
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Employee Count
1
as on Dec 31, 2024
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Products & Services of AxesNetwork
AxesNetwork offers a comprehensive portfolio of products and services, including Blackbox, AIMS, Smart Card, and CASHIER. 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.
Handles integrity and transaction monitoring in gaming
Manages information processing for amusement industry operations
Facilitates secure cashless transactions in gaming environments
Supports cashier functions for casino transaction handling
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Funding Insights of AxesNetwork
AxesNetwork has successfully raised a total of $23.66M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in October 2021. 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 4
- Last Round Series B — $20.0M
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First Round
First Round
(09 Oct 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series B - AxesNetwork | Valuation |
investors |
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| Sep, 2015 | Amount | Series A - AxesNetwork | Valuation |
investors |
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| Jun, 2013 | Amount | Seed - AxesNetwork | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in AxesNetwork
AxesNetwork has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Anges Québec. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Angel investment network supporting innovative entrepreneurs in Canada.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AxesNetwork
| 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 - AxesNetwork
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Axesnetwork Comparisons
Competitors of AxesNetwork
AxesNetwork 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 Just Appraised, TrueRoll, IncentiLock, Smart Gram Panchayat and DataTorque, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Property sales verification tools are supplied to government tax appraisers.
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| domain | founded_year | HQ Location |
Cloud-based software is provided for government tax collection and exemptions.
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| domain | founded_year | HQ Location |
Incentive benefits are calculated and tracked for government job programs.
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| domain | founded_year | HQ Location |
Provides cloud-based tax collection software tailored for government agencies.
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| domain | founded_year | HQ Location |
Offers software for tax collection, revenue management, and government services worldwide.
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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 Axesnetwork
Frequently Asked Questions about AxesNetwork
When was AxesNetwork founded?
AxesNetwork was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Where is AxesNetwork located?
AxesNetwork is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Is AxesNetwork a funded company?
AxesNetwork is a funded company, having raised a total of $23.66M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Oct 09, 2012.
How many employees does AxesNetwork have?
As of Dec 31, 2024, the latest employee count at AxesNetwork is 1.
What does AxesNetwork do?
AxesNetwork was founded in 2008 in Quebec City, Canada, where cloud-based systems for data collection and management are developed. These systems target casinos, route operators, OEMs, and government agencies in the gaming sector. Regulatory compliance is supported, alongside enhancements to financial and operational performance. Key applications include cashless transactions and loyalty programs, with an app store available for customized solutions. Operations extend to clients across 20 countries.
Who are the top competitors of AxesNetwork?
AxesNetwork's top competitors include Just Appraised, TrueRoll and IncentiLock.
What products or services does AxesNetwork offer?
AxesNetwork offers Blackbox, AIMS, Smart Card, and CASHIER.
Who are AxesNetwork's investors?
AxesNetwork has 1 investor. Key investors include Anges Québec.