Breaking
New CEO Darren Bonnstetter to lead Conexiom's next AI chapter (Aug 2025) ~$170M raised - Warburg Pincus & ICONIQ back order automation Hundreds of thousands of orders processed yearly - billions in transactions 40+ ERP integrations - SAP, NetSuite, Dynamics 365, Infor SOC 2 Type II certified - order data validated before it hits the ERP New CEO Darren Bonnstetter to lead Conexiom's next AI chapter (Aug 2025) ~$170M raised - Warburg Pincus & ICONIQ back order automation Hundreds of thousands of orders processed yearly - billions in transactions 40+ ERP integrations - SAP, NetSuite, Dynamics 365, Infor SOC 2 Type II certified - order data validated before it hits the ERP
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Company Profile · AI Order Automation

Conexiom

The Vancouver software company that turns messy purchase orders - PDFs, emails, spreadsheets, even handwriting - into 100% accurate, ERP-ready data.

Founded ~2001 Vancouver, BC B2B SaaS ~$170M raised 210+ employees

Above: the Conexiom mark. Behind it sits an unglamorous truth of B2B commerce - billions of dollars in orders still arrive as documents a human has to read and retype. Conexiom's software does that reading, at scale, for manufacturers and distributors.

~$170MTotal raised
40+ERP integrations
100%Data accuracy goal
~30Days to go-live
01

What Conexiom Does

Every day, purchase orders pour into manufacturers and distributors as PDFs, email bodies, spreadsheets, CSV files, faxes, and scanned handwriting. Traditionally, someone retypes each one into an ERP system. Conexiom automates that step.

Conexiom - legally ecMarket Inc., operating out of Vancouver, British Columbia - builds cloud software that captures inbound sales orders in any format, corrects and validates the data, and hands the ERP a clean, structured record. The company frames its promise around a number most software vendors avoid quoting: 100% data accuracy, not "high" accuracy.

The reason that number matters is operational. An order processed quickly but incorrectly - wrong SKU, wrong quantity, wrong ship-to - costs more than a slow one done right. It triggers a wrong shipment, a credit memo, a frustrated customer, and a support ticket. By validating each order before it reaches the ERP, Conexiom aims to eliminate that hidden tax.

Its platform is more than a capture tool. Conexiom analyzes the orders flowing through it to surface which processes are broken and which are ready to automate next - effectively turning a company's exception queue into a roadmap. The company says it processes hundreds of thousands of orders representing billions of dollars in transactions each year.

"The most valuable AI here isn't the kind that writes poems - it's the kind that reads a faxed order the way a veteran clerk would, then fixes it before your ERP ever sees it."
02

Who Uses It

Conexiom sells to manufacturers and distributors - from the mid-market to large enterprises whose order desks handle high volumes across many formats and customers.

Distribution

Distributors

Wholesale and industrial distributors such as Fastenal, Graybar, and Johnstone Supply, where order desks field thousands of daily POs.

Manufacturing

Manufacturers

Industrial manufacturers like Parker Hannifin that need clean order data flowing straight into production and fulfillment.

Enterprise

Large Enterprise

High-volume operations including Arrow Electronics and Ecolab, where accuracy at scale is the whole game.

Customers typically start on one order desk or business unit, prove out accuracy and time savings, then expand to more sites and document types - orders first, then supplier invoices. The company says hundreds of companies rely on it.

03

The Problems It Solves

Manual order entry is slow, error-prone, and expensive. It ties skilled staff to keyboards, introduces mistakes that ripple downstream, and leaves leaders blind to where their order process actually breaks. Conexiom targets each of those directly.

Manual data entry

Removes the retyping of orders from PDFs, emails, and handwriting into the ERP.

Costly errors

Validates and corrects data first, cutting wrong shipments and credit memos.

Slow cycle times

Turns hours or minutes per order into near-instant, touchless processing.

Blind spots

Analytics reveal which processes to fix and automate next.

Illustrative impact areas

Directional, based on company positioning - not a guaranteed result.

Touchless order rateHigh
Data accuracy target100%
Manual keying removedMajor
Time-to-deploy~30 days
04

Products & Services

Conexiom's platform follows three stages - Capture, Correct, Analyze - and offers three levels of autonomy so customers can build trust in automation gradually rather than flipping one big switch.

Tier 1 · Assisted

AI Co-Pilot

AI drafts and suggests while a human reviews - the on-ramp to automation.

Tier 2 · Configurable

Dynamic AI

Business rules plus AI handle a growing share of orders with less human touch.

Tier 3 · Touchless

AI Autopilot

Fully automated processing for orders that clear confidence thresholds.

Assistant

Cora

Conexiom's AI assistant surfaces anomalies, insights, and automation opportunities.

Core Solution

Sales Order Automation

Captures and processes inbound POs from any format into ERP-ready data.

Extension

Invoice / AP Automation

Applies the same capture-and-correct engine to supplier invoices.

05

How It's Different

The order- and document-automation market is crowded. Conexiom's closest competitor is Esker, a broad order-to-cash and source-to-pay suite aimed at large enterprises with complex compliance needs. Other alternatives include Go Autonomous, Workist, Ordermatic, and Whitevision, plus horizontal players like SAP, Coupa, and Rossum.

Conexiom's distinction is focus. Rather than a sprawling suite, it concentrates on high-accuracy sales order automation for manufacturers and distributors specifically. Two claims anchor its pitch: 100% data accuracy - a stricter promise than "high" accuracy - and fast deployment in roughly 30 days without modifying the customer's ERP.

The tiered adoption model is also a differentiator. By shipping Co-Pilot, Dynamic AI, and Autopilot as distinct gears, Conexiom lets operations teams ride shotgun before handing over the wheel - a pragmatic answer to the trust problem that stalls many automation projects.

"Unsexy and universal is a great place to build a company. Conexiom went after the fax machine, not the flashy demo."
06

Business Model & Expertise

How it makes money

Subscription SaaS

Cloud software sold on subscription to mid-market and enterprise manufacturers and distributors, typically priced by order/document volume and automation tier. Value is framed around cost savings, accuracy, faster cycles, and staff capacity freed from data entry - with land-and-expand across order desks, business units, and document types.

Where the depth is

Document AI + ERP

Two decades of experience turning unstructured trade documents into structured data, paired with prebuilt integrations to 40+ ERPs including SAP, Oracle NetSuite, Microsoft Dynamics 365, and Infor. SOC 2 Type II certification underpins the trust required to automate money-moving transactions.

User rating
4.6 / 5

G2 (users) · ~4.7 on Capterra

Scale
Billions

In transaction value processed annually

07

Funding & Market Position

Conexiom has raised roughly $170M in growth investment. Luminate Capital Partners has held a majority stake, with ICONIQ and later Warburg Pincus backing expansion.

Jul 2020 · Strategic Growth
$40M

Led by ICONIQ Capital, with Luminate Capital Partners. Followed 70%+ year-over-year growth.

Sep 2021 · Growth Equity
$130M

Led by Warburg Pincus, with Luminate and ICONIQ Growth participating.

"The order desk, the invoice pile, the exception queue - the unglamorous middle is where a lot of companies quietly win or lose. Conexiom lives there."

08

Timeline

~2001

ecMarket founded

The company begins in Vancouver building cloud supply-chain document automation (cited founding dates range 1999-2005).

2014

Conexiom brand emerges

The Conexiom platform becomes the flagship, focused on sales order and trade-document automation.

2018

Luminate Capital backs it

Software-focused PE firm Luminate Capital Partners takes a majority stake to fuel growth.

2020

$40M from ICONIQ

Strategic growth financing after 70%+ year-over-year growth.

2021

$130M led by Warburg Pincus

Total funding reaches roughly $170M.

2024

Tiered AI & Cora

Launches AI Co-Pilot, Dynamic AI, AI Autopilot, and the Cora AI assistant.

2025

New CEO

Darren Bonnstetter named CEO to lead the next AI chapter, succeeding John McNeill.

09

FAQ

What does Conexiom do?

It automates sales order and trade-document processing - capturing orders from any format (PDF, email, Excel, CSV, fax, handwriting), correcting and validating the data, and delivering it ERP-ready, removing manual data entry for manufacturers and distributors.

Who uses Conexiom?

Mid-market and enterprise manufacturers and distributors. Publicly referenced customers include Fastenal, Graybar, Parker Hannifin, Arrow Electronics, Johnstone Supply, and Ecolab.

Who owns and funds Conexiom?

Conexiom has raised about $170M. Luminate Capital Partners has held a majority stake, with ICONIQ Capital (2020) and Warburg Pincus (2021) investing in growth rounds.

How is it different from Esker?

Conexiom focuses tightly on high-accuracy sales order automation for manufacturers and distributors, emphasizing 100% data accuracy and fast, no-ERP-modification deployment, versus broader order-to-cash/source-to-pay suites like Esker.

Who is the CEO of Conexiom?

As of August 2025, Darren Bonnstetter is CEO, succeeding John McNeill. The company was founded by Brent Halverson.

10

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sales order automationintelligent document processingerp integrationmanufacturingdistributiontouchless ordersb2b saasaisupply chain