ICONIQ Capital Invests $40M Growth Round in Conexiom

Warburg Pincus Leads $130M Growth Investment in Conexiom

September 28, 2021

Cloud & SaaS

Conexiom, a Vancouver-based SaaS provider of order-to-cash and procure-to-pay automation, received a $130 million growth investment led by Warburg Pincus. Existing investors Luminate Capital (which retains a majority stake) and ICONIQ Growth remain investors; the funding will be used to accelerate product investment and expand Conexiom’s platform for manufacturers and distributors.

Luminate Capital Partners Makes Strategic Growth Investment in Axonify

April 20, 2021

Cloud & SaaS

Luminate Capital Partners, a private equity firm focused on enterprise software, announced a strategic growth investment in Axonify, a Waterloo-based leader in frontline employee training SaaS. The capital will be used to accelerate product innovation and other growth initiatives while Axonify continues to be led by CEO and co-founder Carol Leaman; Luminate partners will join the company’s board.

ReCharge Raises $277M Growth Round from Summit Partners, ICONIQ Growth and Bain Capital Ventures

May 6, 2021

Cloud & SaaS

ReCharge, a Santa Monica-based subscription management platform for e-commerce, raised $277 million in growth capital from Summit Partners, ICONIQ Growth and Bain Capital Ventures. The funding will be used to accelerate hiring, product development and market expansion as ReCharge scales its subscription billing and retention products for thousands of merchants.

FTV Capital Leads $110M Growth Investment in ConnexPay

October 25, 2022

Payments & Fintech

FTV Capital led a $110 million growth equity investment in ConnexPay to support the payments technology company's international expansion and product enhancements. The funding will help ConnexPay extend its unified acquiring-and-issuing payments platform into new geographies and verticals, with FTV taking a board seat and previous investors also participating.

Long Arc Capital Makes Majority Growth Investment in Concertiv

March 23, 2021

Professional Services

Long Arc Capital has made a significant majority growth-equity investment in Concertiv, a New York–based data analytics and technology-enabled services platform serving professional services firms. The capital will be used to expand Concertiv’s product and engineering capabilities, accelerate sales and marketing, and strengthen customer execution teams.

Court Square Capital Partners Invests in Connatix

July 19, 2021

Cloud & SaaS

Court Square Capital Partners has made a significant growth investment in Connatix, a New York–based video technology platform for publishers and advertisers. The investment will support Connatix's product innovation, strategic M&A initiatives, and international expansion while the company's founders remain in leadership and early investor Volition Partners stays invested.