About Laserax
Laserax is a company based in Quebec City (Canada) founded in 2010 by Alex Fraser and Xavier Godmaire. Laserax has raised $56.3 million across 4 funding rounds from investors including Desjardins, National Research Council Canada and BDC. Laserax operates in a competitive market with competitors including EXTEND3D, Telesis and SIC Marking, among others.
- Headquarter Quebec City, Canada
- Founders Alex Fraser, Xavier Godmaire
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website laserax.com
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$56.3M (USD)
in 4 rounds
- Latest Funding Round$45.5M (USD), Series C
Oct 2024
- InvestorsDesjardins
& 4 more
Apps and channels of Laserax
its YouTube channel Laserax USA has 1.18K subscribers.
Funding Insights of Laserax
Laserax has successfully raised a total of $56.3M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $45.5 million completed in October 2024. 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 $56.3M
- Total Rounds 4
- Last Round Series C — $45.5M
- Investors Count 5
All 4 funding rounds of Laserax 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 2024 | – | Debt – Conventional | – | – | |
| Oct 2024 | $45.5M | Series C | – | BDC | |
| Nov 2018 | $10.8M | Series B | – | – | |
| May 2017 | – | Series A | – | – |
5 investors in total: 5 institutional.
Investors in Laserax
Laserax has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Desjardins, National Research Council Canada and BDC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC fund investing in startups | – | fondsinnovexport.com | Quebec City, Canada | |
Scientific and technological research is conducted for Canada's benefit. | 1916 | nrc.canada.ca | Ottawa, Canada | |
Financial services are provided cooperatively to members in Canada. | 1900 | desjardins.com | Levis, Canada | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada | |
Business guidance for corporate companies and startups | – | investquebec.com | Quebec City, Canada |
Investor details for Laserax
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Laserax
10 people are tracked at Laserax (7 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Alex Fraser | Co-Founder & CTO | Leadership |
Xavier Godmaire | Co-Founder & CEO | Leadership |
Denis Ochsenbein | Head of Sales & Business Development EMEA | Leadership |
Éric Bourbeau | Sales Director | Leadership |
Charles Roy | Financial Director | Leadership |
Nicolas Otis | Senior Director Customer Experience & Managing Director Laserax Gmbh | Leadership |
Eric Verret | R&D Director | Leadership |
Harry Scholtens | Executive Account Manager | Team |
Felix Begin | Ingénieur Systèmes | Team |
Françoise Meunier | Fullstack QA Developer | Team |
Complete people profiles for Laserax
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Laserax
3 dated milestones of Laserax across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Laserax is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $45.5M.
Competitors of Laserax
Laserax 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 EXTEND3D, Telesis and SIC Marking, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| extend3d.com | 2010 | Munich, Germany | – | 16 | Provider of industrial laser and video projectors for marking and note-taking in work areas | |
| telesis.com | 1971 | Circleville, United States | – | 128 | Designs and manufactures laser marking system | |
| sic-marking.com | 1986 | Pittsburgh, United States | – | – | Provides marking machines and traceability systems for industrial applications worldwide. |
Detailed competitors of Laserax
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Laserax
The website of Laserax (laserax.com) receives about 79.6K visits a month.
- Monthly visits79.6K
▼ 14.3% vs previous month
Websites whose visitors overlap most with Laserax. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| heatsign.com | 100% | – | #428,633 | View details | |
lotuslaser.com | lotuslaser.com | 93% | – | #2,046,053 | – |
mwes.com | mwes.com | 93% | – | #2,004,259 | – |
| mecco.com | 90% | 9.2K | #2,544,724 | View details | |
| epiloglaser.com | 90% | – | #279,967 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 39 similar websites and full traffic analytics for Laserax
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 39 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Laserax
Complete news archive for Laserax
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Laserax
10 companies that operate in the same segment as Laserax (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 857.1 M | USD 1.71 B | 1,248 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, United States | USD 806.48 M | USD 4.38 B | – | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Frequently Asked Questions about Laserax
Laserax was founded in 2010 and raised its 1st funding round 7 years after it was founded.
Laserax is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
Xavier Godmaire is the current CEO of Laserax. They have also founded this company.
Laserax is a funded company, having raised a total of $56.3M across 4 funding rounds to date.
Laserax was founded in 2010 in Quebec City, Canada, as a manufacturer of laser-based machines for marking, cleaning, and welding. Operations focus on automated and semi-automated systems for production lines in automotive, aerospace, and energy sectors. Turnkey solutions and OEM integrations are provided for applications including traceability marking, contaminant removal, surface texturing, and battery welding, with emphasis on processing efficiency.
Laserax's top competitors include Telesis, EXTEND3D and SIC Marking.
Laserax has 5 investors. Key investors include Desjardins, National Research Council Canada, BDC, Invest Quebec, and Fonds Innovexport.