What is Axelor?
Axelor is a prominent open-source low-code platform offering a comprehensive suite of business applications, including ERP, CRM, and project management tools. It is engineered to streamline business operations for a wide array of clients, from SMEs to large corporations. The platform's distinct advantage lies in its extensive customization capabilities, featuring over 50 business applications and robust integration with various third-party solutions. Axelor prioritizes an intuitive user experience, empowering users to develop bespoke solutions with minimal coding through its drag-and-drop interface.
How much funding has Axelor raised?
Axelor has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2022): $10M with participation from Inter Invest Capital
Key Investors in Axelor
Inter Invest Capital
Inter Invest Capital is an investment banking firm based in France, known for its involvement in the financial sector. Its participation suggests a strategic interest in Axelor's growth trajectory and market potential.
What's next for Axelor?
The recent major strategic investment positions Axelor for accelerated growth and further platform development. This infusion of capital is likely to fuel expansion into new markets, enhance its existing application suite, and bolster its research and development efforts. As an open-source low-code provider, Axelor is well-placed to capitalize on the increasing demand for agile and customizable business solutions, potentially leading to further enterprise-level funding rounds as it scales its operations and market penetration.
See full Axelor company page