About Axora
Axora is a Retail company based in London (United Kingdom) founded in 2019. It operates as a provider of digital transformation services. Axora has raised $20.8 million across 1 funding round from investors including Société Générale, BCG and Traxys. The company has 98 employees. Axora was last valued at $28.8 million in April 2020. Its focus areas include B2B E-Commerce, Industrial Goods, Diversified and Marketplace. Its legal entity is QUICK REACH HOLDINGS LIMITED. Its competitors include Open Mineral, Zhaomei, Coalurja, UGLEX and Ores Metal and 1 more; 2 of its 6 listed competitors have raised funding.
Company details
Axora, founded in 2019 in London, United Kingdom, focuses on engaging in retail operations, b2b e-commerce, industrial goods, diversified, and marketplace. Provider of digital transformation services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Annual Revenue$120.91 K (USD)-4as on Dec 31, 2022
- Net Profit-$7.85 M (USD)-39as on Dec 31, 2022
- Total Equity Funding$20.8M (USD)
in 1 rounds
- Latest Funding Round$20.8M (USD), Series A
Apr 2020
- InvestorsSociété Générale
& 2 more
- Employee Count98
Funding Insights of Axora
Axora has successfully raised a total of $20.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $20.8 million completed in April 2020. 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 $20.8M
- Total Rounds 1
- Last Round Series A — $20.8M
- First Round $20.8M
(Apr 2020)
- Investors Count 3
All 1 funding rounds of Axora with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Apr 2020 | $28.8M | •••••••• |
Last known valuation $28.8M (Apr 2020). 3 investors in total: 3 institutional.
Investors in Axora
Axora has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Société Générale, BCG and Traxys.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Essential metals and minerals are sourced for key industrial sectors. | 2003 | traxys.com | Strassen, Luxembourg | |
Provider of business consulting & strategy, and risk management services | 1963 | bcg.com | Boston, United States | |
Full-service corporate advisory is provided to global clients. | 1864 | societegenerale.com | Paris, France |
Investor details for Axora
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People of Axora
5 people are tracked at Axora (2 in leadership, 3 in board & advisors); the tracked headcount is 98.
| Name | Role | Group |
|---|---|---|
Dave Riches | CFO | Leadership |
Robert Osborne | Director | Leadership |
Alec Joannou | Advisor | Board & advisors |
Casper H. Kaars Sijpesteijn | Advisor | Board & advisors |
Harry Cassar | Advisor | Board & advisors |
Complete people profiles for Axora
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Timeline of Axora
3 dated milestones of Axora across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Axora is founded.
- Funding First funding round of $20.8M.
- Milestone Reaches Minicorn status.
Competitors of Axora
Axora has 6 listed competitors in our database, 2 of them funded. They include Open Mineral, Zhaomei, Coalurja, UGLEX and Ores Metal, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| openmineral.com | 2017 | Baar, Switzerland | $40.75M | – | Digital platform for trading base metal raw materials and secondary products | |
| zhaomei.com | 2015 | Hangzhou, China | $4.93M | – | B2B eCommerce platform for coal transactions is operated. | |
| coalurja.com | 2022 | Rajkot, India | – | – | A digital marketplace facilitating the trading of coal products. | |
| uglex.com | 2012 | Australia | – | – | Operates as an online marketplace for coal trading. | |
| oresmetal.com | 2022 | Iceland | – | – | Operates an online marketplace for buying and selling minerals and metal concentrates. | |
| openminex.com | 2018 | Hurlingham, Argentina | – | – | Digital platform for sourcing, marketing, and trading mineral commodities online. |
Detailed competitors of Axora
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Top companies in B2B Marketplaces & Wholesale
10 companies that operate in the same segment as Axora (B2B Marketplaces & Wholesale), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
E-commerce storefront solutions are provided for online businesses. | 2006 | Ottawa, Ontario, Canada | USD 122.25 M | USD 8.45 B | 30,125 | |
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | – | USD 144.12 B | 124,320 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | – | 923 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 2,144 | |
Online application marketplace | 2009 | San Francisco, California, United States | USD 437.8 M | USD 7.59 M | 1,193 | |
Cross-border B2B wholesale marketplace is operated for small-scale sellers. | 2004 | Beijing, China | USD 45.52 M | – | – |
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Frequently Asked Questions about Axora
Axora was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Axora is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Axora is a funded company, having raised a total of $20.8M across 1 funding round to date. The company's 1st funding round was a Series A of $20.8M, raised on Apr 2020.
Axora has 98 employees.
Annual revenue of Axora is $120.91K as on Dec 31, 2022.
Axora, founded in 2019 in London, United Kingdom, focuses on engaging in retail operations, b2b e-commerce, industrial goods, diversified, and marketplace. Provider of digital transformation services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Axora's top competitors include Open Mineral, Zhaomei and Coalurja.
Axora has 3 investors. Key investors include Société Générale, BCG, and Traxys.
The valuation of Axora is $28.8M as of Apr 2020.
Axora operates through Quick Reach Holdings Limited.