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
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Connxus Inc
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
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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $2.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series A - ConnXus | Valuation |
investors |
|
| May, 2016 | Amount | Series A - ConnXus | Valuation | Techstars | |
| Aug, 2015 | Amount | Seed - ConnXus | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Early-stage sector-agnostic VC firm investing in geographies such as the US
|
Founded Year | Domain | Location | |
|
CincyTech is engaged in venture capital investments for innovative startups.
|
Founded Year | Domain | Location | |
|
Startups are accelerated globally without sector restrictions through structured programs.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ConnXus
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ConnXus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Connxus Comparisons
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. 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 |
AI-based accounting processes are automated for businesses.
|
|
| domain | founded_year | HQ Location |
Enterprise legal processes are managed via an AI-powered platform.
|
|
| domain | founded_year | HQ Location |
Supply chain risk management and supplier pre-qualification platform
|
|
| domain | founded_year | HQ Location |
SMS-based customer authentication and verification services are provided across platforms.
|
|
| domain | founded_year | HQ Location |
Cloud-enabled supplier collaboration solutions are provided to businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based transaction management and reconciliation solutions are offered for businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Connxus
Frequently Asked Questions about ConnXus
When was ConnXus founded?
ConnXus was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is ConnXus located?
ConnXus is headquartered in Mason City, United States. It is registered at Mason City, Iowa, United States.
Is ConnXus a funded company?
ConnXus is a funded company, having raised a total of $12.75M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Nov 08, 2011.
How many employees does ConnXus have?
As of Dec 31, 2022, the latest employee count at ConnXus is 28.
What does ConnXus do?
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.
Who are the top competitors of ConnXus?
Who are ConnXus's investors?
ConnXus has 8 investors. Key investors include Coupa, Seedinvest, Techstars, Ohio Innovation Fund, and CincyTech.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.