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Fraxion

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Fraxion develops spend management software for mid-market companies to control and manage various spending activities.
Money in Hand

Total fundings

$1,207,000.00

Parent group

N/A

Ranking

Rank

730

Overview
Fraxion develops spend management software for mid-market companies to control and manage various spending activities.
Procurement
City
Cape Town
Year Founded
2003
Employee Range
11-50
Latest updates
Tech Moves: Fraxion adds to board; digital marketplace Etailz hires new CEO; and more - GeekWire

Fraxion Welcomes Matt Diamond to Board of Directors - Business Wire

Fraxion Welcomes Matt Diamond to Board of Directors - businesswire.com

Fraxion Welcomes Rick Gustafson to Board of Directors - Business Wire

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About Fraxion

As a leader in the Spend Management space we have been able to offer effective cost containment and automated procurement solutions to over 40, 000 users. Our value proposition: to save you money and increase efficiency. Fraxion offers a foundation for complete operating expense control, systematic policy compliance; risk management and spend analysis. The technology automates the full procurement cycle and streamlines the purchase-to-pay process while providing complete visibility of transaction life-cycles. Fraxion is raising the bar in its field with ever-improving product releases and progressive technology.

Fraxion's Team

With over 19 years experience across the board, Fraxion is led by a team that challenges the status quo
Stanton Jandrell's photo

Fraxion's funding history

Total raised
$1,207,000.00
Latest Round
Funding Round
No. of Investors
1
RoundDateAmount RaisedInvestors
Funding RoundJun 10, 2016 $750,000.00
VentureJul 01, 2005 $457,000.00 VenFin (Lead)

Fraxion’s technology stack

Fraxion uses over 3 web technology tools on its website. They include tools like hosting, SSL, MX among others

Hosting

60 technologies used

dedicated-hosting

german-hosting

us-hosting

cloud-hosting

Ssl

12 technologies used

root-authority

root-authority

root-authority

root-authority

Mx

48 technologies used

campaign-management

business-email-hosting

dmarc

transactional-email

Fraxion's trends and social media stats

Dec. 2020Dec. 2020Jan. 2021Jan. 2021Feb. 2021Feb. 2021Mar. 2021Mar. 202172009000178008500Alexa Web traffic200002000016000160001200012000800080004000400000

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