# Axonify funding: rounds and investors > Axonify has raised $45M across 5 rounds since 2012. Investors include JMI Equity, BDC Capital and BDC Capital. Every round with its source. Source: https://millionrounds.com/company/axonify (Millionrounds; every figure on the page links to its filing or article) Canada · [Funded startup](https://millionrounds.com/companies) # 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. Edtech Fintech Funding summary Updated 26 Oct 2026 **$45M** raised across 5 rounds since 2012, from 6 sources **$27M** Growth **$18M** Series A **$30K** Debt - **Latest round:** Debt, $30K May 2021 - **Biggest round:** $27M Growth · 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. 2012 2014 2016 2018 2020 **?** Round **?** Series B **$27M** Growth **$18M** Series A **$30K** Debt - **First round:** Round - **Biggest round:** $27M - **Usual gap between rounds:** 3.8 years ## The rounds - **May 2021** Debt **$30K** *2 new* *1 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [JMI Equity](https://millionrounds.com/fund/jmi-equity) [FedDev](https://millionrounds.com/fund/feddev) Source recorded - **Dec 2016** Series A **$18M** *2 new* [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) [Euclid Opportunities](https://millionrounds.com/fund/euclid-opportunities) Reported by FinSMEs - **Nov 2016** Growth **$27M** *2 new* [JMI Equity](https://millionrounds.com/fund/jmi-equity) Lead [BDC Capital](https://millionrounds.com/fund/bdc-capital) Lead Reported by BetaKit: funding and 1 other - **Feb 2013** Series B **Amount undisclosed** *1 new* [Harmony Partners](https://millionrounds.com/fund/harmony-partners) From a historical funding record - **Mar 2012** Round **Amount undisclosed** *1 new* [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) 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. **Round** 2012 **Series B** 2013 **Growth** 2016 **Series A** 2016 **Debt** 2021 [JMI Equity](https://millionrounds.com/fund/jmi-equity) L [BDC Capital](https://millionrounds.com/fund/bdc-capital) L [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) [FedDev](https://millionrounds.com/fund/feddev) [Harmony Partners](https://millionrounds.com/fund/harmony-partners) [Euclid Opportunities](https://millionrounds.com/fund/euclid-opportunities) ## Everyone who backed them [JMI Equity](https://millionrounds.com/fund/jmi-equity) Private equity **2** rounds, led 1 [BDC Capital](https://millionrounds.com/fund/bdc-capital) Private credit **1** round, led 1 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round [MaRS Investment Accelerator Fund](https://millionrounds.com/fund/mars-investment-accelerator-fund) VC firm **1** round [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) Corporate VC **1** round [FedDev](https://millionrounds.com/fund/feddev) VC firm **1** round [Harmony Partners](https://millionrounds.com/fund/harmony-partners) VC firm **1** round [Euclid Opportunities](https://millionrounds.com/fund/euclid-opportunities) Investment firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=axonify). ## 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 Centre](https://millionrounds.com/fund/accelerator-centre) Accelerator Per its own site [Luminate Capital](https://millionrounds.com/fund/luminate-capital) Private equity Per 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. [**Neo Financial** $182M · Oct 2026](https://millionrounds.com/company/neo-financial)[**Timia Capital** Aug 2026](https://millionrounds.com/company/timia-capital)[**Helcim** $59M · Aug 2026](https://millionrounds.com/company/helcim)[**Magic Potion Games** $4.5M · Aug 2026](https://millionrounds.com/company/magic-potion-games)[**Clearco** $200M · Aug 2026](https://millionrounds.com/company/clearco)[**PAPER** $34M · Jul 2026](https://millionrounds.com/company/paper) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app