The support of ICONIQ and Luminate is a validation of our mission and furthers our commitment to help our customers grow and transform their businesses.
“We are thrilled to welcome ICONIQ to Conexiom. COVID-19 is accelerating the modernization of antiquated business processes and forcing every business to become a digital business,” said Ray Grady, President and CEO, Conexiom. Over $100 billion in business-to-business sales are processed through 22 million transactions on the Conexiom platform annually. Modern businesses use Conexiom to redeploy resources to activities that deliver greater profitability, expedite order cycle time, and maintain their competitive edge. Conexiom is the only vendor in the market that delivers touchless order processing with 100 percent data accuracy.
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Conexiom is focused on eliminating manual order processes and helping customers deliver a superior customer experience. ICONIQ’s investment follows a record performance of 70 percent year on year growth for Conexiom.Ĭurrently, more than $8.4 trillion dollars of business-to-business sales orders are still manually processed In North America alone.
ICONIQ joins existing investor, Luminate Capital, which will retain a majority stake. SAN FRANCISCO & CHICAGO & VANCOUVER, British Columbia-( BUSINESS WIRE)-Conexiom, the leading provider of sales order and invoice automation solutions, today announced it has received a strategic growth investment from ICONIQ Capital.
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