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§ Private Profile · 1155 Metcalfe Street, Suite 1583, Montréal, Québec
SaaS procurement software platform for manufacturing companies, digitizing and automating supply chain operations and custom parts outsourcing.
Axya has raised $4.3M across 1 funding round.
Key people at Axya.
Axya has raised $4.3M in total across 1 funding round.
Based in Montreal, Quebec, Axya develops cloud procurement software that allows manufacturing companies in the aerospace, transport, and mining industries to digitize and automate their supply chain operations. The SaaS platform replaces manual email and spreadsheet workflows with centralized request for quote, purchase order, and contract management tools that integrate directly with existing enterprise resource planning systems. Operating with a team of 29 employees, the company generates under $5 million in annual revenue and connects enterprise buyers to a network of over 400 qualified suppliers for custom parts outsourcing. Axya has raised $5.4 million CAD in seed funding backed by institutional investors including BDC Capital, Desjardins Capital, and Real Ventures. Originally launched under the name Grad4, the enterprise was founded in 2019 by Félix Bélisle Dockrill, Antoine Bisson, Martino Houle, and Nicolas Gauthier.
Axya has raised $4.3M across 1 funding round. Most recently, it raised $4.3M Seed in February 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 9, 2022 | $4.3M Seed | BDC Capital | Desjardins Capital, Ecofuel, Real Ventures | Announced |
Key people at Axya.
Axya has raised $4.3M in total across 1 funding round.
Axya's investors include BDC Capital, Desjardins Capital, Ecofuel, Real Ventures.
Axya is a SaaS-enabled marketplace and procurement software platform that democratizes access to custom parts outsourcing for manufacturing companies, connecting buyers with a network of over 400 qualified suppliers.[1][3][4] It serves industries like aerospace, transport, and mining, solving supply chain inefficiencies by enabling 10x faster sourcing of custom metalworking parts through features like RFQ management, PO management, supplier discovery, a built-in messenger, CAD viewer, and ERP integrations.[1][3][4] Formerly GRAD4, Axya has raised $4.28M across multiple seed rounds, with its latest $3.05M Seed VC-III in February 2022 from investors including Real Ventures, Desjardins Capital, and Ecofuel Fund, fueling expansion into Ontario and the Northeastern US.[2][3]
The platform streamlines procurement by digitizing processes, replacing spreadsheets and emails with automated workflows that enhance visibility, collaboration, and risk reduction, while fostering local manufacturing relationships with clients like Vention, BRP, and CAE.[3][4]
Axya, originally named GRAD4, was co-founded by Félix Bélisle-Dockrill (CEO), Nicolas Gauthier, Yacine Mahdid, and Karim Besbes, leveraging their expertise in data management and AI to organize the manufacturing world.[1] The idea emerged to address vulnerabilities in global supply chains, particularly highlighted during disruptions, by creating a platform for efficient local outsourcing of custom parts.[3]
Early traction came through incubator programs like Creative Destruction Lab and Ecofuel Accelerator starting in late 2020, followed by seed funding: a $1.5M round in April 2021 co-led by Ecofuel and Desjardins Capital with Real Ventures, enabling North American expansion.[2][3] Pivotal moments include building a supplier network and securing enterprise clients in aerospace and transport within its first two years.[1][3]
Axya rides the supply chain digitization trend, accelerated by global disruptions like those in 2020-2021, which exposed vulnerabilities in international manufacturing and boosted demand for resilient local networks.[3] Timing aligns with reshoring initiatives in North America, where platforms enabling quick custom parts sourcing counter delays in global procurement.[1][3]
Market forces favoring Axya include rising ERP adoption in manufacturing, AI-driven automation, and investor interest in industrial SaaS—evidenced by its funding from cleantech and VC firms like Ecofuel and Real Ventures.[2][3] It influences the ecosystem by fostering local supplier-buyer matches, reducing outsourcing complexities, and supporting sectors like aerospace amid electrification and sustainability pushes.[1]
Axya is poised for scale through network effects, as more suppliers and buyers join its marketplace, potentially expanding beyond metalworking into broader manufacturing categories.[1][4] Key trends like AI-enhanced procurement, nearshoring, and Industry 4.0 will shape its path, with ERP integrations driving enterprise adoption.[4]
Influence may evolve via international growth post-2022 funding, deeper AI for predictive sourcing, or acquisitions by larger supply chain platforms; sustained momentum hinges on supplier density and client wins in high-growth industries.[2][3] Axya exemplifies how targeted SaaS unlocks manufacturing efficiency, tying back to its core mission of democratizing procurement in a fragmented world.[1]
