About ConnXus
ConnXus is a company based in Mason City (United States) founded in 2010 was acquired by Coupa in June 2020. ConnXus has raised $12.75 million across 7 funding rounds from investors including Coupa, Seedinvest and Techstars. The company has 28 employees as of December 31, 2022. ConnXus operates in a competitive market with competitors including BlackLine, Wolters Kluwer, Avetta, Digits and Nulogy, among others.
- Headquarter Mason City, United States
- Employees 28 as on 31 Dec, 2022
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Sectors
Technology
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- Legal Name Connxus Inc
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Funding Insights of ConnXus
ConnXus has successfully raised a total of $12.75M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in May 2018. 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.
Investors in ConnXus
ConnXus has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Coupa, Seedinvest and Techstars.
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Early-stage sector-agnostic VC firm investing in geographies such as the US
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CincyTech is engaged in venture capital investments for innovative startups.
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Startups are accelerated globally without sector restrictions through structured programs.
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Investor details for ConnXus
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Investments & Acquisitions by ConnXus
Investment portfolio details for ConnXus
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Financial Statements - ConnXus
Detailed financials for ConnXus
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Connxus Comparisons
Peer comparison for ConnXus
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Competitors of ConnXus
ConnXus 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 BlackLine, Wolters Kluwer, Avetta, Digits and Nulogy, among others.
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AI-based accounting processes are automated for businesses.
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Enterprise legal processes are managed via an AI-powered platform.
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Supply chain risk management and supplier pre-qualification platform
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SMS-based customer authentication and verification services are provided across platforms.
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Cloud-enabled supplier collaboration solutions are provided to businesses.
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Cloud-based transaction management and reconciliation solutions are offered for businesses.
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Detailed competitors of ConnXus
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Latest news on Connxus
Complete news archive for ConnXus
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Frequently Asked Questions about ConnXus
ConnXus was founded in 2010 and raised its 1st funding round 1 year after it was founded.
ConnXus is headquartered in Mason City, United States. It is registered at Mason City, Iowa, United States.
ConnXus is a funded company, having raised a total of $12.75M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at ConnXus is 28.
ConnXus was founded in 2010 in Mason City, United States, within the software sector focused on procurement. Cloud-based platforms for supplier management are operated by the company, encompassing risk assessment, contract oversight, virtual benchmarking, spend analysis, sourcing processes, relationship tracking, and risk scoring. A supplier marketplace is maintained to facilitate connections between users and registered vendors for procurement needs.
ConnXus has 8 investors. Key investors include Coupa, Seedinvest, Techstars, Ohio Innovation Fund, and CincyTech.