Axible Technologies

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Axible Technologies - overview

Location

-, -, France

Primary Industry

Telecoms

About

Axible Technologies provides advanced software solutions aimed at enhancing operational efficiencies for diverse businesses. Their offerings focus on project management, customer relationship management, and data analytics to improve productivity and decision-making. Axible Technologies specializes in developing software solutions that enhance operational efficiencies. The company was founded in France and has not undergone significant pivots or changes in business strategy.


Axible has not been reported as a subsidiary of another company. The firm raised EUR 600,003. 10 in a venture funding round on March 4, 2016, totaling EUR 600,003. 10 in funding.


The latest funding round valued the company at EUR 1. 64 mn post-money. The founder's history and any previous ventures are not disclosed. Axible Technologies specializes in innovative software solutions that drive operational efficiencies across multiple sectors.


Their core offerings include a comprehensive suite of applications designed for project management, customer relationship management (CRM), and data analytics, which streamline workflows and provide actionable insights for informed decision-making. The company targets a diverse clientele ranging from small to mid-sized enterprises in technology, healthcare, and finance. Their products are primarily marketed in North America, Europe, and parts of Asia, facilitating optimized business processes for end users. In 2022, Axible Technologies generated revenue of EUR 432,236.


70, alongside an EBITDA of EUR -79,900. 10. The company's revenue is driven by a subscription-based model, enabling clients to access software solutions through multi-year contracts. This approach ensures a steady revenue stream while allowing clients continuous access to updates and support.


Their pricing structure is varied, accommodating the needs of different business sizes through tiered plans. Flagship products significantly contribute to revenue through direct sales to businesses seeking robust software applications, with a focus on client retention through value-driven services. Axible Technologies plans to utilize the recent venture funding of EUR 600,003. 10 raised in March 2016 to support the development of new product lines and expand into additional markets.


They are actively designing products aimed at enhancing customer engagement and operational analytics, with planned launches in the next 18 months. Furthermore, the company is targeting expansion into the Asian market by the end of 2024, indicating a strategic push to grow its international footprint while leveraging the funding received to bolster these initiatives.


Current Investors

Midi-Pyrenees Croissance, IXO Private Equity, APICAP

Primary Industry

Telecoms

Sub Industries

Telecoms Equipment

Website

www.axible-tech.com

Verticals

FinTech

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.