What is Trexity?
Founded in 2019 and headquartered in Ottawa, Ontario, Trexity operates a technology platform designed to facilitate same-day, on-demand local deliveries for both online and brick-and-mortar businesses. The platform aggregates an independent courier community to provide swift delivery services, supporting single and multi-stop requirements. This approach allows businesses to scale operations efficiently while managing costs, as Trexity's model bypasses traditional extra fees or subscription mandates, offering a flexible and cost-effective solution for last-mile logistics.
How much funding has Trexity raised?
Trexity has raised a total of $6M across 2 funding rounds:
Angel/Seed
$5M
Other Financing Round
$1M
Angel/Seed (2022): $5M with participation from Studio VC, Shindico, and Telus Ventures
Other Financing Round (2022): $1M led by Anges Québec and AQC Capital
Key Investors in Trexity
Anges Québec
Anges Québec is a prominent network of angel investors in Canada, dedicated to supporting passionate entrepreneurs and innovative projects. They provide value-added capital and strategic guidance to help businesses thrive on both local and international stages.
Studio VC
Studio VC is a collaborative investment firm comprised of entrepreneurs and investors who partner with founders to drive transformative change. They focus on creating future opportunities through active investments and collaboration.
Telus Ventures
Telus Ventures is the venture capital arm of Telus, a Canadian telecommunications company. They invest in companies that align with Telus's strategic interests, often focusing on technology and innovation that can enhance their existing services or create new market opportunities.
What's next for Trexity?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Trexity. This capital infusion is expected to fuel further expansion of its delivery network, enhance its technology platform's capabilities, and broaden its market reach. By continuing to focus on providing scalable, cost-effective, and rapid delivery solutions, Trexity is well-positioned to capture a larger share of the burgeoning e-commerce logistics market, further solidifying its role as a key player in on-demand local delivery.
See full Trexity company page
