CoaXion

Brisbane, Australia Founded: 2010 • Age: 16 yrs
Equipment financing is enabled online through usage-based repayments.
Annual revenue - Latest available
Total funding $2.6M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About CoaXion

CoaXion is a company based in Brisbane (Australia) founded in 2010 by Chris Maycock and Paul Higgins. CoaXion has raised $2.65 million across 1 funding round. CoaXion offers products and services including Coaxion Platform, Daily Telematics Data, and Emissions Tracking. CoaXion operates in a competitive market with competitors including Greensill, GE Capital, Thorn Group, Liberty and La Trobe Financial, among others.

  • Headquarter Brisbane, Australia
  • Founders Chris Maycock, Paul Higgins
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Total Equity Funding
    $2.65 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.65 M (USD), Seed

    Mar 21, 2022

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of CoaXion

CoaXion offers a comprehensive portfolio of products and services, including Coaxion Platform, Daily Telematics Data, and Emissions Tracking.

Product name locked
Category locked
Primary

Monitors machinery performance and depreciation for optimization.

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Provides real-time insights into fleet operations and usage.

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Tracks CO2 emissions and forecasts environmental impact.

People of CoaXion

Headcount 1-10
Employee Profiles 3
Board Members and Advisors 3
Employee Profiles
People
Chris McEvoy
Software Development Lead
People
Justin England
Business Development Manager
People
Chris Maycock
Co-Founder & CTO

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Board Members and Advisors
people
Paul Higgins
Co-Founder & Chairman
people
David Henderson
Director
people
Boyd Payne
Director

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Funding Insights of CoaXion

CoaXion has successfully raised a total of $2.65M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.65 million completed in March 2022. 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.

Investments & Acquisitions by CoaXion

Investments
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Investment portfolio details for CoaXion

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Financial Statements - CoaXion

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Detailed financials for CoaXion

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Coaxion Comparisons

CoaXion Primary company
Description
Equipment financing is enabled online through usage-based re...
Location
Brisbane, Australia
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CoaXion

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Competitors of CoaXion

CoaXion 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 Greensill, GE Capital, Thorn Group, Liberty and La Trobe Financial, among others.

Company Name Domain Founded year HQ Location Description
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Working capital loans are provided through financial market mechanisms.
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Commercial aircraft and equipment leasing and lending services are provided.
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Loans are provided to small and medium enterprises in Australia.
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Diversified lending services are provided by this non-banking financial institution.
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Diversified lending services are provided as a non-banking financial institution.
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Funding is extended to small and medium enterprises by ScotPac.
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Detailed competitors of CoaXion

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Latest news on Coaxion

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Complete news archive for CoaXion

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Frequently Asked Questions about CoaXion

CoaXion was founded in 2010 and raised its 1st funding round 12 years after it was founded.

CoaXion is headquartered in Brisbane, Australia. It is registered at Brisbane, Queensland, Australia.

COLIN ARMBRUSTER is the current CEO of CoaXion.

CoaXion is a funded company, having raised a total of $2.65M across 1 funding round to date.

CoaXion was founded in 2010 in Brisbane, Australia, and operates in the fintech sector focused on equipment financing. Businesses are allowed to apply for loans by submitting required details, with approvals leading to the attachment of IoT hardware on purchased equipment. Repayments are then collected automatically based on device usage readings, supporting flexible installment options for various industries.

CoaXion's top competitors include Greensill, GE Capital and Resimac.

CoaXion offers Coaxion Platform, Daily Telematics Data, and Emissions Tracking.

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