About Connexas
Connexas is an Industrial Goods & Manufacturing company based in Northampton (United Kingdom) founded in 2013, and was acquired by AddSecure in May 2020. Fleet management and vehicle telematics solutions are provided. It operates in the Industrial Goods & Manufacturing and Transportation, Automotive & Logistics sectors. The company has 114 employees. Connexas has completed 1 acquisition, including Seven Telematics. Its chief executive, as recorded, is Andrew Overton. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its legal entity is CONNEXAS GROUP LIMITED.
Company details
Founded in 2013 and based in Northampton, United Kingdom, Connexas operates in the fleet management and telematics sector. Hardware-agnostic software is offered, encompassing features such as real-time vehicle tracking, driver performance monitoring, maintenance management, temperature monitoring, and digital proof of delivery. Services are utilized by clients including DHL, XPO Logistics, Walmart, Cemex, and Muller.
- Headquarters Northampton, United Kingdom
- Employees 114
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website connexas.com
- Social LinkedIn X Facebook
- Acquired by AddSecure (May 2020)
- Legal Name Connexas Group Limited
- Date of Incorporation 26 Apr, 2013
- Jurisdiction BOLTON
Funding Insights of Connexas
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Connexas 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 |
|---|---|---|---|---|---|
| Jun 2013 | Private Equity Round | – | Horizon | – |
2 investors in total: 2 institutional.
Investors in Connexas
Connexas has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include AddSecure and Horizon Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Horizon Capital is engaged in private equity investments in technology and services. | horizonpe.co.uk | London, United Kingdom | ||
Critical communication solutions are provided for alarms and IoT. | 2000 | addsecure.com | Stockholm, Sweden |
Investor details for Connexas
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People of Connexas
1 people are tracked at Connexas (1 in leadership); the tracked headcount is 114.
| Name | Role | Group |
|---|---|---|
Andrew Overton | CEO | Leadership |
Complete people profiles for Connexas
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Investments & Acquisitions by Connexas
Connexas has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Seven Telematics.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Vehicle and temperature tracking solutions are offered. | seventelematics.co.uk | 1991 | May 2019 | •••• |
Complete acquisition details for Connexas
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Timeline of Connexas
4 dated milestones of Connexas across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Connexas is founded.
- Funding First funding round.
- Acquisition Acquires Seven Telematics.
- Exit Acquired by AddSecure.
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Frequently Asked Questions about Connexas
Connexas was founded in 2013.
Connexas is headquartered in Northampton, United Kingdom. It is registered at Northampton, Northamptonshire, United Kingdom.
Andrew Overton is the CEO of Connexas, as recorded in our data.
Connexas has 114 employees.
Annual revenue of Connexas is $23.54M as on Sep 30, 2019.
Founded in 2013 and based in Northampton, United Kingdom, Connexas operates in the fleet management and telematics sector. Hardware-agnostic software is offered, encompassing features such as real-time vehicle tracking, driver performance monitoring, maintenance management, temperature monitoring, and digital proof of delivery. Services are utilized by clients including DHL, XPO Logistics, Walmart, Cemex, and Muller.
Connexas has made 1 acquisition, including Seven Telematics.
Connexas has 2 investors. Key investors include AddSecure, and Horizon Capital.
Connexas operates through Connexas Group Limited.
Yes. Connexas was acquired by AddSecure in May 2020.