# Maxa AI

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

- Industry: Software
- Headquarters: Montreal, Canada
- Website: www.maxa.ai
- Total disclosed funding: $23M
- Latest round: Series A (May 29, 2024)
- Investors on record: 9

## About

Based in Montreal, Quebec, and founded in 2019 by its Co-CEO Alexis C. Steinman and Raphael Steinman, Maxa AI Inc. operates as a provider of data automation and artificial intelligence analytics software solution for ERP systems. In June 2022, Maxa AI Inc. raised CAD 3 million in seed funding led by York IE, with participation from Anges Quebec, AQC Capital, and Graphite Ventures. Other investors also participated in the round. As of July 2022, the company operates in Montreal, Canada, with the assistance of key personnel in North America, the United Kingdom, and Europe.

Maxa AI Inc. offers an ERP platform for data automation and advanced AI analytics that helps organizations to know insights into the past, present, and future. The platform allows companies to unify multiple systems and enables a new breed of BI automation, system unification, and predictive AI analytics. Its users can view different information with their preferred tools with the help of Headless BI. In addition, the company also offers a program named Maxa Universal Schema for Enterprise (MUSE) that allows software-assisted modeling and enhances traditional BI, and helps leverage complex AI automation workloads.

The company plans to use the seed funding for product development and market team to expand around North America.

## Funding rounds

- Series A, May 29, 2024, $21M — BDC Capital, AQC Capital, Framework Venture Partners, Snowflake Ventures, NAVentures, Graphite Ventures, Amiral Ventures
- Seed, Jun 28, 2022, $2.3M — Anges Quebec, AQC Capital, York IE, Graphite Ventures

## Investors

- Anges Quebec — Seed
- AQC Capital (https://capitalatlas.ai/funds/aqc-capital) — Seed, Series A
- York IE (https://capitalatlas.ai/funds/york-ie) — Seed
- Graphite Ventures (https://capitalatlas.ai/funds/graphite-ventures) — Seed, Series A
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A
- Framework Venture Partners (https://capitalatlas.ai/funds/framework-venture-partners) — Series A
- Snowflake Ventures (https://capitalatlas.ai/funds/snowflake-ventures) — Series A
- NAVentures (https://capitalatlas.ai/funds/naventures) — Series A
- Amiral Ventures (https://capitalatlas.ai/funds/amiral-ventures) — Series A