# Lexop Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lexop-solutions

- Industry: Software
- Headquarters: Montreal, Canada
- Website: www.lexop.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Feb 3, 2022)
- Investors on record: 3

## About

Based in Canada, Lexop Solutions Inc. specializes in optimizing communication and payment processes for businesses, primarily within the financial sector, enhancing customer engagement through advanced technology solutions.Lexop Solutions Inc. is a technology firm founded in 2016, headquartered in Montreal, Canada. The company focuses on improving communication and payment processes for businesses. CEO Amir Tajkarimi leads the firm, which has completed 5 deals to date. Lexop raised CAD 1.800 mn in its latest funding round, Seed, led by Anges Quebec, which is also the total amount raised by the company as of January 2025.Lexop offers a proprietary platform aimed at streamlining communication and payment reminders for businesses in the financial services sector. Its solutions facilitate customer engagement through automated messaging systems, helping clients manage collections effectively. The platform is utilized by a variety of clients, including financial institutions and telecom companies, primarily in North America and select European markets.Lexop operates on a subscription-based revenue model, providing various service tiers that enable clients to choose features according to their needs. Businesses pay a recurring fee to access Lexop's platform, which includes automated messaging and customer engagement tools. The revenue model supports a B2B approach, with significant earnings derived from the platform’s features aimed at improving payment collection processes.In January 2025, Lexop Solutions Inc. was acquired by Eltropy Inc., which will enhance Eltropy's loan repayment and collection systems. Following this acquisition, Lexop's focus will be on integrating their technology with Eltropy, facilitating the expansion of services in new markets. The company will utilize the synergies created through this acquisition to drive growth and enhance its product offerings.

## Funding rounds

- Seed, Feb 3, 2022 — Companyon Ventures
- Seed, Apr 18, 2018, $0.4M — Panache Ventures
- Seed, May 1, 2017, $0.1M — Real Ventures

## Investors

- Real Ventures — Seed
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed
- Companyon Ventures (https://capitalatlas.ai/funds/companyon-ventures) — Seed