About Axsun
Axsun is a company based in Longueuil (Canada) founded in 2004 was acquired by TFI International in February 2023.. Axsun offers products and services including Intermodal Service, Highway Logistics, Warehousing, and Drayage Service. Axsun operates in a competitive market with competitors including DACHSER, Mullen Group, GTI Group, Skelton Truck Lines and Mikisew Group, among others.
- Headquarter Longueuil, Canada
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Sectors
Transportation, Automotive & Logistics
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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 Axsun Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
TFI International
(Feb 21, 2023)
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Products & Services of Axsun
Axsun offers a comprehensive portfolio of products and services, including Intermodal Service, Highway Logistics, Warehousing, and Drayage Service. 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.
Facilitates intermodal transport for efficient freight movement.
Manages truckload and LTL shipping across regions.
Provides distribution and storage for client requirements.
Handles short-haul transport for intermodal operations.
Funding Insights of Axsun
| 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 Axsun
Axsun has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include TFI International. 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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Transportation and logistics services are provided by TFI International.
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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 Axsun
| 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 - Axsun
| 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 |
Axsun Comparisons
Competitors of Axsun
Axsun 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 DACHSER, Mullen Group, GTI Group, Skelton Truck Lines and Mikisew Group, 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 |
Road transportation services are provided by DACHSER across multiple regions.
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| domain | founded_year | HQ Location |
Trucking and logistics services are operated across Canada.
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| domain | founded_year | HQ Location |
Provider of road freight transportation services
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| domain | founded_year | HQ Location |
Road freight forwarding and logistics services are provided across Canada.
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| domain | founded_year | HQ Location |
Offers oil sands site services, maintenance, logistics, and construction expertise.
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| domain | founded_year | HQ Location |
Temperature-controlled warehousing, logistics, and transportation services are provided.
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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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Frequently Asked Questions about Axsun
When was Axsun founded?
Axsun was founded in 2004.
Where is Axsun located?
Axsun is headquartered in Longueuil, Canada. It is registered at Longueuil, Quebec, Canada.
What does Axsun do?
Founded in 2004 in Longueuil, Canada, Axsun operates within the logistics and transportation sector. Warehousing solutions are managed alongside truckload shipping arrangements, while comprehensive logistics and transportation services support supply chain needs. Operations are centered in Canada, with a focus on efficient freight handling and distribution for various industries. The companys domain, axsungroup.com, facilitates client access to these core offerings.
Who are the top competitors of Axsun?
Axsun's top competitors include DACHSER, Mullen Group and GTI Group.
What products or services does Axsun offer?
Axsun offers Intermodal Service, Highway Logistics, Warehousing, and Drayage Service.
Who are Axsun's investors?
Axsun has 1 investor. Key investors include TFI International.