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

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Companies similar to Fraxion include SpendHQ, Spendflo, Spendbase and Expent Inc.
Fraxion was founded in 2003.
Fraxion's headquarters is located in Seattle, WA, US.
Fraxion's most recent funding round was for $750k (USD) in June 2016.
As of Jun 10, 2016, Fraxion has raised a total of $1.2M (USD).
Fraxion has 64 employees as of Feb 4, 2024.