Fraxion
OperatingFraxion develops spend management software for mid-market companies to control and manage various spending activities.
- Procurement
- Cape Town, South Africa
- Funding Round
- Founded 2003
- fraxion.biz ↗
Are you the founder?
- Total raised
- $1.2M
- disclosed
- Last round
- $750K
- Funding Round
- Rounds
- 2
- since 2003
- Investors
- 1
- listed
- Employees
- 11-50
Fraxion funding and investors
Fraxion has raised $1.2M across 2 disclosed rounds. The latest is a $750K Funding Round announced 10 Jun 2016.
- Lead investors
- 1
- Largest round
- $750K
- Average round
- $604K
- disclosed rounds
- Round cadence
- 131 mo
- average gap
- $457KVentureVenture, $457K, $457K raised to date
- $750KFunding RoundFunding Round, $750K, $1.2M raised to date
SLA Funding Index · grey is capital raised before each round
Fraxion funding rounds2 · newest first
- Funding Round$750K10 Jun 2016
- Venture$457K
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 10 Jun 2016 | Funding Round | Not disclosed | $750K |
| 01 Jul 2005 | Venture | $457K |
Investors in Fraxion1 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Venture CapitalVenture Capital · Lead | Lead | Venture | Jul 2005 |
Frequently asked about Fraxion
- How much funding has Fraxion raised?
- Fraxion has raised $1.2M across 2 funding rounds. Its latest, a $750K Funding Round, was announced on 10 Jun 2016.
- Who has invested in Fraxion?
- Backers include VenFin.
Profile updated Source: SLA Startup IndexHow we count →
