About CoaXion
CoaXion is a Financial Services company based in Brisbane (Australia) founded in 2010 by Chris Maycock and Paul Higgins. Equipment financing is enabled online through usage-based repayments. CoaXion has raised $2.65 million across 1 funding round. Its chief executive, as recorded, is COLIN ARMBRUSTER. CoaXion offers products and services including Coaxion Platform, Daily Telematics Data, and Emissions Tracking. Its focus areas include Consumer and SME Loans, SME Loans and Diversified. Its competitors include Thorn Group, Liberty and La Trobe Financial.
Company details
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.
- Headquarters Brisbane, Australia
- Founders Chris Maycock, Paul Higgins
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website coaxion.com
- Social LinkedIn Facebook Instagram
- Total Equity Funding$2.65M (USD)
in 1 rounds
- Latest Funding Round$2.65M (USD), Seed
Mar 2022
Products & Services of CoaXion
CoaXion offers a comprehensive portfolio of products and services, including Coaxion Platform, Daily Telematics Data, and Emissions Tracking.
Monitors machinery performance and depreciation for optimization.
Provides real-time insights into fleet operations and usage.
Tracks CO2 emissions and forecasts environmental impact.
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.
- Total Funding $2.65M
- Total Rounds 1
- Last Round Seed — $2.65M
- First Round $2.65M
(Mar 2022)
All 1 funding rounds of CoaXion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $2.65M | Seed | – | – | – |
People of CoaXion
7 people are tracked at CoaXion (3 in leadership, 2 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Chris Maycock | Co-Founder | Leadership |
Paul Higgins | Co-Founder | Leadership |
COLIN ARMBRUSTER | CEO | Leadership |
David Henderson | Director | Board & advisors |
Boyd Payne | Director | Board & advisors |
Chris McEvoy | Software Development Lead | Team |
Justin England | Business Development Manager | Team |
Complete people profiles for CoaXion
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CoaXion
2 dated milestones of CoaXion across 12 years, from founding to its latest funding, stage changes and deals.
- Founded CoaXion is founded.
- Funding First funding round of $2.6M.
Competitors of CoaXion
CoaXion has 3 listed competitors in our database. They include Thorn Group, Liberty and La Trobe Financial.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thorn.com.au | 1937 | Chullora, Australia | Loans are provided to small and medium enterprises in Australia. | |||
| liberty.com.au | 1997 | Melbourne, Australia | Diversified lending services are provided by this non-banking financial institution. | |||
| latrobefinancial.com.au | 1952 | Melbourne, Australia | Diversified lending services are provided as a non-banking financial institution. |
Detailed competitors of CoaXion
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Coaxion
Complete news archive for CoaXion
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 CEO of CoaXion, as recorded in our data.
CoaXion is a funded company, having raised a total of $2.65M across 1 funding round to date. The company's 1st funding round was a Seed of $2.65M, raised on Mar 2022.
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 La Trobe Financial, Liberty and Thorn Group.
CoaXion offers Coaxion Platform, Daily Telematics Data, and Emissions Tracking.