Conexiom uses AI and machine learning to automate the processing of sales order and invoices, helping businesses save time and money.
He said the need for more automation during the pandemic has helped Conexiom grow faster in recent months. Vancouver-based Conexiom uses AI and machine learning to automate that process, helping clients avoid having to assign staff to check and process documents by hand. Conexiom, which was founded in 2001, announced Tuesday that it has raised $40 million in funding from investors, led by ICONIQ Capital. ICONIQ — known for managing the money of Facebook CEO Mark Zuckerberg, as well as other top figures in tech — joins current investor Luminate Capital, which retains a majority stake.
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