Techstars Ventures Announces Investment in ConnXus
Blog excerpt provided by Techstars.
Written by David Cohen.
We’re proud to be an investor in ConnXus, a supplier diversity technology platform. Techstars Ventures led the $5M financing in ConnXus, with participation from Serious Change L.P., Impact America Fund and The Social Entrepreneurs’ Fund (TSEF).
CEO Rod Robinson founded ConnXus as a result of his personal experience and frustration with the complexities associated with locating qualified diverse suppliers, tracking spending, tracking diversity certifications, and reporting reliable results in accordance with corporate and government mandates. ConnXus now solves this problem with its simple to use, cloud-based, technology platform.
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Originally published May 18, 2016.
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