Announced
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Synopsis
Schonfeld Strategic Advisors, a multi-manager platform, led a $275m funding round in Inxeption, a cloud-based digital commerce platform, with participation from Bank of Montreal Coatue. “We had a phenomenal 2021 with accelerating momentum. Revenues grew over 400%, we crossed over $100 million in annualized revenues, we have a rapidly growing customer base of over 1,000 customers, and we successfully launched the Inxeption Marketplace and Inxeption Financial Services. As we enter our fifth year of doing business, we couldn’t be more excited about where Inxeption is going next. What we have believed from day one and continue to get more validation of is that the TAM is truly massive,” Farzad Dibachi, Inxeption Co-Founder and CEO.
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