About Axiomatic
Axiomatic is a company based in Mississauga (Canada) founded in 1991.. Axiomatic has raised $72.5 million across 3 funding rounds from investors including Michael Jordan, Bruce Karsh and Jeff Vinik. Axiomatic offers products and services including Electronic Controls and Power Converters.
- Headquarter Mississauga, Canada
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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 Axiomatic Technologies Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$72.5 M (USD)
in 3 rounds
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Latest Funding Round
$21.5 M (USD), Series C
Apr 23, 2019
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Investors
& 4 more
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Employee Count
Employee Count
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Products & Services of Axiomatic
Axiomatic offers a comprehensive portfolio of products and services, including Electronic Controls and Power Converters. 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.
Rugged controls are designed for machine automation and monitoring in harsh environments
AC/DC and DC/DC converters are supplied for efficient power management in industrial applications
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Funding Insights of Axiomatic
Axiomatic has successfully raised a total of $72.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $21.5 million completed in April 2019. 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 3
- Last Round Series C — $21.5M
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First Round
First Round
(01 Apr 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series C - Axiomatic | Valuation |
investors |
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| Oct, 2018 | Amount | Series C - Axiomatic | Valuation |
investors |
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| Apr, 2018 | Amount | Series B - Axiomatic | Valuation |
investors |
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| 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 Axiomatic
Axiomatic has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Michael Jordan, Bruce Karsh and Jeff Vinik. 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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MJ
Michael Jordan |
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Founded Year | Domain | Location |
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BK
Bruce Karsh |
Indian angel investor, active in early-stage startups, focus on tech and innovation.
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Founded Year | Domain | Location |
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JV
Jeff Vinik |
American investor, owner of Tampa Bay Lightning, active in sports and real estate.
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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 Axiomatic
| 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 - Axiomatic
| 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 |
Axiomatic Comparisons
Competitors of Axiomatic
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Axiomatic
When was Axiomatic founded?
Axiomatic was founded in 1991 and raised its 1st funding round 27 years after it was founded.
Where is Axiomatic located?
Axiomatic is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Is Axiomatic a funded company?
Axiomatic is a funded company, having raised a total of $72.5M across 3 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Apr 01, 2018.
What does Axiomatic do?
Axiomatic Technologies Corporation was established in 1991 in Mississauga, Canada, as a manufacturer within the electronics sector. Operations focus on producing electronic controllers and power management converters, with offerings that encompass analog inputoutput systems, distributed controls, battery chargers, DCDC converters, power supplies, fan drive controls, hydraulic valve drivers, surge protectors, machine controls, and motor controllers. The company serves industries requiring robust power and control solutions.
What products or services does Axiomatic offer?
Axiomatic offers Electronic Controls and Power Converters.
Who are Axiomatic's investors?
Axiomatic has 5 investors. Key investors include Michael Jordan, Bruce Karsh, Jeff Vinik, Peter Guber, and Ted Leonsis.