Local delivery tech startup Trexity grabs C$1m in additional VC

The investors were AQC Capital and Anges Quebec.

  • Earlier this year, Trexity raised C$5 million in seed financing. The round was led by Telus Ventures
  • Trexity was founded in 2019 by ex-Shopify exec Alok Ahuja and LaunchFort co-founders Mathieu Bouchard and Darren Schnare

Trexity, an Ottawa-based on-demand local delivery technology company, has secured C$1 million for its most recent financing. The investors were AQC Capital and Anges Quebec.

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 and mortar businesses. Its solution 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.

“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,” said Serge Beauchemin, CEO at AQC Capital, in a statement. “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.”

Earlier this year, Trexity raised C$5 million in seed financing. The round was led by Telus Ventures, the venture capital arm of Telus Corp, with participation from other backers that included Studio VC, Shindico and Bold Commerce CEO Jay Myers.

AQC Capital manages two venture capital funds to support businesses in the startup phase. It invests in Quebec companies in all sectors that seek to bring innovation to global markets.

Anges Québec is a network of Quebec angel investors.