About Cymax Business
Cymax Business is a Retail company based in Vancouver (Canada) founded in 2004. E-distribution of commercial furniture and decor products is handled. Cymax Business has raised $25 million across 2 funding rounds from investors including BDC, Salman Partners and Canopy Capital Partners. Its website cymax.com draws about 93 thousand monthly visits. Its focus areas include B2B E-Commerce, Office Supplies and E-Distributor. Its competitors include Clearmount, Southwest Business Products and Madill The Office Co.
Company details
Cymax Business was founded in 2004 in Vancouver, Canada, as an e-distributor in the furniture and decor sector. Products including office furniture, lighting, landscaping items, and home improvement goods such as beds and bedding are supplied to commercial clients like offices, restaurants, and hotels. Over 300 brands are featured in the catalog. A separate B2C platform, HomeSquare, is maintained for home furnishings retail.
- Total Equity Funding$25M (USD)
in 2 rounds
- Latest Funding Round$25M (USD), Series A
Oct 2015
- InvestorsBDC
& 2 more
Funding Insights of Cymax Business
Cymax Business has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in October 2015. 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 $25M
- Total Rounds 2
- Last Round Series A — $25M
- Investors Count 3
All 2 funding rounds of Cymax Business 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 |
|---|---|---|---|---|---|
| Oct 2015 | $25M | Series A | – | BDC, Salman Partners | – |
| Aug 2011 | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Cymax Business
Cymax Business has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include BDC, Salman Partners and Canopy Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| canopycap.com | ||||
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Salman Partners is engaged in financial advisory and investment services. | 1994 | salmanpartners.com | Vancouver, Canada |
Investor details for Cymax Business
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Timeline of Cymax Business
3 dated milestones of Cymax Business across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Cymax Business is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $25.0M.
Competitors of Cymax Business
Cymax Business has 3 listed competitors in our database. They include Clearmount, Southwest Business Products and Madill The Office Co.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clearmount.com | 1996 | Scarborough, Canada | Custom handicraft pieces for office supplies are provided. | |||
| southwestbusiness.ca | 1978 | Toronto, Canada | Serves as an e-distributor of office supplies tailored for enterprises. | |||
| gomadill.com | 2003 | Ladysmith, Canada | Supplies a range of office products to businesses. |
Detailed competitors of Cymax Business
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Web traffic of Cymax Business
The website of Cymax Business (cymax.com) receives about 93.5K visits a month and ranks #325,908 among all websites worldwide, #5,093 in Furniture.
- Monthly visits93.5K
▲ 0.7% vs previous month
- Unique visitors57.9K
per month
- Global rank#325,908
among all websites
- Category rank#5,093
Home and Garden · Furniture
- Bounce rate39%
- Pages per visit3.6
- Average visit2 min 15 sec
- DevicesDesktop 47% · Mobile 53%
Websites whose visitors overlap most with Cymax Business. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| onewayfurniture.com | 100% | 14.5K | #1,731,200 | View details | |
| sauder.com | 100% | #250,462 | View details | ||
directsourcefurniture.com | directsourcefurniture.com | 98% | – | ||
| hookerfurniture.com | 97% | 99.5K | #399,932 | View details | |
| homesquare.com | 97% | 680.7K | #409,038 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Cymax Business
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Frequently Asked Questions about Cymax Business
Cymax Business was founded in 2004 and raised its 1st funding round 7 years after it was founded.
Cymax Business is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Cymax Business is a funded company, having raised a total of $25M across 2 funding rounds to date.
Cymax Business was founded in 2004 in Vancouver, Canada, as an e-distributor in the furniture and decor sector. Products including office furniture, lighting, landscaping items, and home improvement goods such as beds and bedding are supplied to commercial clients like offices, restaurants, and hotels. Over 300 brands are featured in the catalog. A separate B2C platform, HomeSquare, is maintained for home furnishings retail.
Cymax Business's top competitors include Clearmount, Southwest Business Products and Madill The Office Co.
Cymax Business has 3 investors. Key investors include BDC, Salman Partners, and Canopy Capital Partners.