Maxa AI Inc., a Montréal-based startup providing data automation and AI analytics software solution for ERP systems, announces its recent funding round of C$2.9 million. This all-equity seed round was led by York IE, an early-stage investment firm based in the United States. The round also included participation from Graphite Ventures and AQC Capital, as well as a number of strategic private investors.
Maxa AI Inc. helps manage day-to-day business activities such as accounting, procurement, project management, and supply chain operations, among others. This C$2.9 million funding will serve to continue product development, consolidate the North American go-to-market team and consequently to help the growth of the company.
A Fasken team composed of Adam Saskin, Jonathan Raizenne, Émilie Clairoux and Tristan Lalumière-Roberge advised Maxa AI Inc. in this matter.
Jurisdiction
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