# Axelor

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/axelor

- Industry: Software
- Headquarters: Paris, France
- Website: www.axelor.com
- Total disclosed funding: $5.2M
- Latest round: Series A (May 11, 2022)
- Investors on record: 1

## About

Based in Paris, France, and founded by Laith Jubair (CEO) in 2005, Axelor offers an Open-Source, low-code platform as an alternative to a range of business applications including ERP, CRM, sales management, HR, Inventory, Production, Project management, and Accounting. In June 2022, Axelor raised EUR 10 million in Series A funding from investor Inter Invest Capital.

The company provides a cloud-based and open-source platform that handles ERP activities including invoicing, accounting, production, project management, CRM, SIRH, stock management, manufacturing, and other business-specific activities. Customers can use the platform to handle sales, contacts, leads, quotations, events, and the entire customer relationship cycle. The platform’s services also include HR, financial and supply chain management, and commercial, global, and collaborative work management. Additionally, businesses can create their own applications and optimize their business processes.

The company intends to use the June 2022 funding to strengthen its R&D, optimize sales and brand awareness, develop its partner network, and expand internationally.

## Funding rounds

- Series A, May 11, 2022, $5.2M — Elevation Capital Partners

## Investors

- Elevation Capital Partners (https://capitalatlas.ai/funds/elevation-capital-partners) — Series A