Axonize

Tel Aviv, Israel Founded: 2015 • Age: 11 yrs Acquired By Planon
Provides platform and backend as a service for IOT Applications
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About Axonize

Axonize is a company based in Tel Aviv (Israel) founded in 2015 was acquired by Planon in June 2021.. Axonize has raised $7.5 million across 2 funding rounds from investors including Planon, Meron Capital and StageOne Ventures. Axonize offers products and services including Integrated Workplace Management Solution, Campus Management Solution, Lease Accounting Solution, and Energy and Sustainability Management. Axonize operates in a competitive market with competitors including Reltio, EDB, Logz.io, PubNub and ClickHouse, among others.

  • Headquarter Tel Aviv, Israel
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Technology → Internet of Things (IoT) & Connectivity
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    Apr 12, 2018

  • Investors
    Planon

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Planon

    (Jun 07, 2021)

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Products & Services of Axonize

Axonize offers a comprehensive portfolio of products and services, including Integrated Workplace Management Solution, Campus Management Solution, Lease Accounting Solution, and Energy and Sustainability Management. 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.

Primary

Manages workplace productivity and efficiency through IoT tools.

Optimizes learning environments for efficiency and sustainability.

Ensures compliant lease accounting and portfolio decision-making.

Monitors energy use and promotes sustainable practices in buildings.

Funding Insights of Axonize

Axonize has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in April 2018. 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 Rounds 2
  • Last Round Series A — $6.0M
  • First Round

    (20 Mar 2016)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2018 Amount Series A - Axonize Valuation Meron Capital
Mar, 2016 Amount Seed - Axonize Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Axonize

Axonize has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Planon, Meron Capital and StageOne Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Meron Capital is focused on investing in technology sectors.
Founded Year Domain Location
StageOne Ventures is focused on seed-stage investments in tech startups.
Founded Year Domain Location
Early-stage venture capital firm investing in B2B technology solutions in the US and Israel.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Axonize

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Axonize

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Axonize Comparisons

Employees
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Competitors of Axonize

Axonize 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 Reltio, EDB, Logz.io, PubNub and ClickHouse, 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.

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Platform to build and run applications for connected devices
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Axonize

Frequently Asked Questions about Axonize

When was Axonize founded?

Axonize was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Axonize located?

Axonize is headquartered in Tel Aviv, Israel.

Is Axonize a funded company?

Axonize is a funded company, having raised a total of $7.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 20, 2016.

What does Axonize do?

Axonize was founded in 2015 in Tel Aviv, Israel, within the IoT sector. Backend services are provided for segments including smart energy management, security, homes, and healthcare. Operations encompass cross-application business logic, historical data reporting, machine learning algorithms, device management, usage behavior monitoring, and subscription handling. The platform supports various IoT applications through these functionalities.

Who are the top competitors of Axonize?

Axonize's top competitors include EDB, PubNub and ClickHouse.

What products or services does Axonize offer?

Axonize offers Integrated Workplace Management Solution, Campus Management Solution, Lease Accounting Solution, and Energy and Sustainability Management.

Who are Axonize's investors?

Axonize has 6 investors. Key investors include Planon, Meron Capital, StageOne Ventures, Cornerstone Venture Partners, and DTCP.

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