ConnXus
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
N/A | Early VC | ||
N/A | $1.7m | Seed | |
$1.7m | Seed | ||
N/A | $2.5m | Seed | |
$5.0m | Series A | ||
$2.0m | Series B | ||
$130k | Convertible | ||
N/A | Early VC | ||
* | N/A | Acquisition | |
Total Funding | $13.0m |
Recent News about ConnXus
EditConnXus is a technology company that specializes in providing supplier diversity and procurement management solutions. The company serves large enterprises, including Fortune 500 companies like The Coca-Cola Company and Cummins. Operating in the procurement and supply chain management market, ConnXus offers a suite of software solutions designed to help procurement professionals, diverse suppliers, and small businesses innovate, source, track, and connect. The business model revolves around subscription-based software services, which generate revenue through licensing fees and additional service charges. ConnXus's key offerings include an all-encompassing Vendor Management System (VMS), document management, ERP integration, and SmartScrub, a data enrichment and validation tool. These solutions aim to streamline supplier information management, reduce costs, and minimize risks for its clients. The company also provides a Platinum Supplier Development Program to help small and diverse businesses enter new supply chains. ConnXus emphasizes a culture of innovation, diversity, and inclusion, empowering its employees and clients alike.
Keywords: supplier diversity, procurement management, VMS, ERP integration, SmartScrub, data enrichment, Fortune 500, cost reduction, risk minimization, supply chain innovation.