We are excited to welcome Axonom to our clients’ portfolio.

Founded in 2002, Axonom develops and designs cloud-based configure, price, quote solutions for the high-tech and manufacturing industries. The company’s fastest growing SaaS offering is Powertrak 3D Product Configurator, a visual and interactive B2B and B2C eCommerce platform. Powertrak empowers sales professionals, customers, and partners to become highly engaged in the designing, quoting, and ordering of configurable, make-to-order products.

Headquartered in Eden Prairie, Minnesota, Axonom continues to gain strong traction in the large- to enterprise-sized manufacturing space. The company’s 35-person staff supports and  services over 100 customers around the world with robust software that ensures consistency and accuracy throughout the sales quoting, ordering, and product configuration processes.

The $500,000 growth funding from Lighter Capital will accelerate Axonom’s market presence and growth in 2016 and beyond. The capital injection supports the addition of sales and marketing professionals to increase brand awareness, drive market expansion, increase sponsorship at strategic trade shows, and boost participation in marketing and advertisement programs.

“Lighter Capital offers a great alternative funding solution,” says Clark Dircz, CEO and Founder of Axonom. “I received term sheets from several VCs, but their terms were not in the best interest of the company. With Lighter Capital, I can use the capital for growth without giving up equity and control of my company.”