About FX Innovation
FX Innovation is a company based in Montreal (Canada) founded in 2002 by David Marotte, Georges Riachy, and Guillaume Bazinet was acquired by BCE in May 2023.. FX Innovation has completed 1 acquisition, including HGC Technologies. FX Innovation offers products and services including FX Platform, Consulting Services, and Plan Services. FX Innovation operates in a competitive market with competitors including Computacenter, Nettlinx, Trimax, Recall and Rapid Response Monitoring Services, among others.
- Headquarter Montreal, Canada
- Founders David Marotte, Georges Riachy, Guillaume Bazinet
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
BCE
(May 03, 2023)
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Products & Services of FX Innovation
FX Innovation offers a comprehensive portfolio of products and services, including FX Platform, Consulting Services, and Plan Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides tools for cloud management and new IT experiences
Offers planning and implementation of digital solutions
Assists in developing cloud strategies for businesses
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Funding Insights of FX Innovation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FX Innovation
FX Innovation has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BCE. 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 |
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Broadband communications and content services are delivered to diverse customers.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by FX Innovation
FX Innovation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HGC Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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ServiceNow platform implementation and managed services are provided.
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2017 |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - FX Innovation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fx Innovation Comparisons
Competitors of FX Innovation
FX Innovation 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 Computacenter, Nettlinx, Trimax, Recall and Rapid Response Monitoring Services, 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 |
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IT infrastructure services and advisory solutions are delivered to organizations.
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Internet connectivity and infrastructure services are provided by Nettlinx.
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IT solutions for transportation and telecom sectors are provided.
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Information life-cycle management services are provided to clients.
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Provides alarm monitoring and security solutions for business partners and integrators.
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Provides contact center, field support, IT infrastructure, security, and e-waste management services.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fx Innovation
Frequently Asked Questions about FX Innovation
When was FX Innovation founded?
FX Innovation was founded in 2002.
Where is FX Innovation located?
FX Innovation is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of FX Innovation?
David Marotte is the current CEO of FX Innovation. They have also founded this company.
What does FX Innovation do?
FX Innovation, led by David Marotte as Co-Founder CEO, Georges Riachy as Co-Founder, Guillaume Bazinet as Co-Founder VP, specializes in providing business support, providing IT services, it operations, and monitoring and management. Provider of IT monitoring services. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of FX Innovation?
FX Innovation's top competitors include Computacenter, Nettlinx and Trimax.
What products or services does FX Innovation offer?
FX Innovation offers FX Platform, Consulting Services, and Plan Services.
How many acquisitions has FX Innovation made?
FX Innovation has made 1 acquisition, including HGC Technologies.
Who are FX Innovation's investors?
FX Innovation has 1 investor. Key investors include BCE.
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