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Fraxion
AddedFeb 16, 2024
UpdatedJun 18, 2026
Fraxion

Fraxion

Pre-Seed

Cloud-based software provider for procurement, expense control, compliance, and risk management.

HQ
Seattle, WA, US
Founded
2003
Overview
Compare
Fundraising
Employees
Website

Founded with a mission to revolutionize business spending, Fraxion offers cloud-based procurement software designed for comprehensive operating expense control, policy compliance, risk management, and spend analysis. Their procure-to-pay solutions are tailored for mid-sized companies, providing tools for efficient spend visibility and control. Fraxion's user-friendly platform ensures that all business expenditures are tracked, approved, and compliant with company policies, promoting a culture of accountable spending.

Notable figures associated with Fraxion include its leadership team and key investors who have supported its growth in the fintech and enterprise software sectors. The company has achieved significant milestones, including widespread adoption of its software by mid-sized enterprises seeking to streamline their procurement processes. Fraxion's impact is evident in the enhanced operational efficiency and financial oversight experienced by its clients, solidifying its position as a leader in the cloud-based procurement software market.

Fraxion - Similar Companies

SpendHQ logo

SpendHQ

spendhq.com

Spendflo logo

Spendflo

spendflo.com

Spendbase logo

Spendbase

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Expent Inc logo

Expent Inc

expent.ai

ControlHub logo

ControlHub

controlhub.com

Spendesk logo

Spendesk

spendesk.com

Expensify logo

Expensify

expensify.com

Invoice Stream logo

Invoice Stream

ExpenseBot logo

ExpenseBot

Procol logo

Procol

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AppZen logo

AppZen

appzen.com

Glean AI logo

Glean AI

glean.ai

Aimably logo

Aimably

aimably.com

Spenmo logo

Spenmo

summitglobal.com

Focal Point Procurement Solutions logo

Focal Point Procurement Solutions

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Fraxion - Quick Facts

Who are Fraxion's competitors?

Companies similar to Fraxion include SpendHQ, Spendflo, Spendbase and Expent Inc.

When was Fraxion founded?

Fraxion was founded in 2003.

Where is Fraxion's headquarters located?

Fraxion's headquarters is located in Seattle, WA, US.

When was Fraxion's last funding round?

Fraxion's most recent funding round was for $750k (USD) in June 2016.

How much has Fraxion raised to-date?

As of Jun 10, 2016, Fraxion has raised a total of $1.2M (USD).

How many employees does Fraxion have?

Fraxion has 64 employees as of Feb 4, 2024.

Fraxion - Classification

Ownership
  • Private
Technology
  • Cloud
Geographic Exposure
  • Global
Revenue
  • Recurring
  • SaaS
  • Software
Customer
  • Enterprise
Main Product
  • Procurement
  • Software
Tags
  • Fintech
  • SaaS
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software