Maxa Raises USD21M in Series A Funding
Summary
Maxa, a Montreal, Canada-based Snowflake Native App for business system and ERP insights automation for the Gen AI era, raised USD21M in Series A funding. The round was led by FRAMEWORK and BDC Capital’s Industrial Innovation Venture Fund. The company intends to use the funds to further enhance its product, go-to-market and customer self-serve capabilities. Co-founded by co-CEOs Raphael Steinman and Alexis Steiman, Maxa unifies multiple ERP and business data systems into a single, accurate, and pre-computed source of insights to ensure that both human and AI-driven business conversations are enriched with timely and accurate data insights with full audibility. Companies use it to automate financial, ERP and operational reporting and analysis, pre-computed at scale to allow managers to improve business decision making and daily course-correction.