Axya

Axya is a modular cloud-based source-to-pay software serving manufacturing companies seeking digital transformation. The company's mission is to revolutionize procurement operations in the face of a disruptive market. Axya's automated approach aims to significantly enhance operational efficiency in procurement, by improving efficiency by 80%, streamlining processes tailored for manufacturing, and harnessing data to refine operations. With a strong focus on customer support and supplier adoption, Axya aims to empower manufacturing businesses to reduce costs, improve operations, and outshine their competition. The Canada-based startup recently secured a $3.90M Seed Round investment on 09 February 2022, supported by Real Ventures, Desjardins Capital, Ecofuel Fund, and the Business Development Bank of Canada. Axya's innovative solution presents a promising opportunity for venture capitalists looking to invest in the technological evolution of manufacturing procurement.