Canada · Funded startup

Who invested in Axonify

5 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

EdtechFintech

Funding summaryUpdated 26 Oct 2026

$45Mraised across 5 rounds since 2012, from 6 sources

$27MGrowth$18MSeries A$30KDebt
Latest round
Debt, $30KMay 2021
Biggest round
$27MGrowth · Nov 2016
Investors
8 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20122014201620182020
?Round?Series B$27MGrowth$18MSeries A$30KDebt
First round
Round
Mar 2012
Biggest round
$27M
Growth · Nov 2016
Usual gap between rounds
3.8 years
the median of 4

The rounds

  1. May 2021
    Debt$30K2 new1 returning

    Source recorded

  2. Dec 2016
    Series A$18M2 new

    Reported by FinSMEs

  3. Nov 2016
    Growth$27M2 new

    Reported by BetaKit: funding and 1 other

  4. Feb 2013
    Series BAmount undisclosed1 new

    From a historical funding record

  5. Mar 2012
    RoundAmount undisclosed1 new

    Reported by newswire.ca

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

JMI EquityPrivate equity2rounds, led 1
BDC CapitalPrivate credit1round, led 1
BDC CapitalVC firm1round
Wells FargoCorporate VC1round
FedDevVC firm1round
Harmony PartnersVC firm1round
Euclid OpportunitiesInvestment firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Axonify as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Accelerator CentreAcceleratorPer its own site
Luminate CapitalPrivate equityPer its own site

Quick answers about Axonify

Who invested in Axonify?

Axonify's investors include JMI Equity, BDC Capital, BDC Capital, MaRS Investment Accelerator Fund and Wells Fargo, and 3 more on record.

How much has Axonify raised?

Axonify has raised $45M across 5 rounds since 2012. 2 rounds did not disclose an amount, so the total is a floor.

When did Axonify last raise?

Axonify's most recent round was a Debt of $30K in May 2021.

What was Axonify's biggest round?

Axonify's largest round on record is $27M (Growth), in Nov 2016, led by JMI Equity.

Who backed Axonify first?

Axonify's first round on record, in Mar 2012, was backed by MaRS Investment Accelerator Fund.

What stage is Axonify at?

Axonify's latest named round is a Debt, in May 2021.

Where is Axonify based?

Axonify is based in Canada.

Who led Axonify's rounds?

JMI Equity led the Growth in 2016.

Companies like Axonify

In the same sector, and raised in the last eighteen months.

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