Trexity grows seed round with major investment from Montreal based AQC Capital and Anges Quebec
Trexity is thrilled to welcome AQC Capital and Anges Quebec to the family. This latest injection of funding will help the local delivery company deepen the commitment to their existing Canadian markets.
OTTAWA/ MONTREAL — Trexity, an on-demand last mile delivery technology company, is delighted to announce that AQC Capital and Anges Quebec have invested $1 million into their most recent funding round.
AQC Capital (the largest seed fund in the province of Quebec) and Anges Quebec (the largest angel group in Canada) are known for their dynamic investment portfolio that focus on Canadian based technology startups. Both entities were impressed by Trexity’s rapid growth and impact across four major markets (Toronto, Ottawa, Calgary and Winnipeg), and its outstanding customer service committed to a pain-free delivery experience for retailers with a local first approach that empowers merchants to grow their businesses through delivery.
“We walked through our vision and both AQC Capital and Anges Quebec just plain got it. They recognized that our platform makes the delivery experience as easy as flipping a switch which empowers our merchants to expand their customer reach.” Says Alok Ahuja, Co-founder and CEO of Trexity. “Their investment and knowhow is absolutely elemental for our business – both technically as well as our future expansion into the Province of Quebec.”
“At AQC Capital, we believe that delivery services that are predictable, secure, real-time traceable and deliverable the same day will increasingly be an essential component to the success of all online merchants. That’s why we’re proud to support the Trexity team in their mission to make same-day delivery services simple, accessible and cost-effective for all local merchants. Trexity is a solid and experienced team, supported by significant technological innovations and generates a lot of enthusiasm in many Canadian cities such as Winnipeg, Calgary, Toronto, Ottawa and very soon Montreal.” – Serge Beauchemin, CEO at AQC Capital
This investment will contribute to the Trexity vision of making last mile delivery accessible and affordable to all businesses, small and large.
About Anges Québec
Thanks to the strength and diversity of its network, Anges Québec strategically accompanies angel investors and passionate and innovative entrepreneurs. Founded in 2008, Anges Québec has over 230 members who have so far invested more than $130 million in more than 190 high growth potential companies, positioning itself as a leader in the Canada venture capital industry.
For more information please visit: angesquebec.com
About AQC Capital
AQC Capital manages two venture capital funds to support businesses in the startup phase. The fund invests in Quebec companies in all sectors that seek to bring innovation to global markets. AQC Capital teams up with Anges Québec, the largest angel investor network in the country, and together the groups bring smart capital to startups thanks to their experience and network.
For more information please visit: aqccapital.ca
About Trexity
Founded in 2019 by ex-Shopify exec Alok Ahuja and LaunchFort co-founders Mathieu Bouchard and Darren Schnare, Trexity is an on-demand local delivery technology platform for online and bricks & mortar businesses. The Trexity platform enables businesses of all sizes to deliver physical products in near real-time to their customers by harnessing the collective of an independent courier community. The Trexity delivery platform supports single delivery and multi-stop requirements allowing customers to scale their businesses faster—while keeping costs down with no extra fees or subscription requirements.
For more information please visit: trexity.com
For more information contact:
Rod Zylstra, VP Marketing, rod@trexity.com
Marie-Ève Poirier, Director, Membership and Partnerships, mepoirier@angesquebec.com