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Fraxion

72 employees

Procure-to-pay software for proactive spend management. Fraxion is the trusted software choice for mid-size companies worldwide, offering automation solutions for purchasing, expense, and accounts payable processes with advanced spend analytics. Fraxion’s procure-to-pay solution provides complete visibility, digital workflows, and proactive controls, making it the go-to solution for organizations seeking procurement efficiency and spend control. Fraxion actively manages over $16 billion of spend per annum at over 1,000 organizations, with more than 200,000 users. With Fraxion, you can drive accountable, policy-compliant spending company-wide and attain audit transparency via centralized digital records. Initiate time savings and operational cost reductions by adopting Fraxion's easy, mobile, and integration-ready procure-to-pay solution.

Investor insights

Funding rounds participated in

$750K sweet spot round size

Investor type

Privately Held

Basic info

Industry

Software Development

Sectors

Software Development

Date founded

1997

Funding rounds raised

Total raised

$750K

from investors over 1 rounds

F

Fraxion raised $750K on July 10, 2016

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