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§ Private Profile · Burnaby, BC, Canada
Online furniture retailer and e-commerce platform provider for vendors, managing multi-channel sales, inventory, logistics.
Cymax Stores is an online furniture retailer and e-commerce technology platform provider based in Burnaby, British Columbia. The company operates a high-margin third-party services model that connects shoppers directly with manufacturers while offering proprietary logistics and multi-channel selling software, such as Channel Gate and Freight Club, to other vendors. Through its specialized technology solutions, the platform enables commercial and residential furniture retailers to manage inventory and list products across major marketplaces like Amazon and Walmart. Cymax Stores has raised $25 million in Series A funding from lead investors including Frind Holdings, BDC Ventures, and Salman Partners, supporting a retail catalog of over 75,000 SKUs. The organization moves approximately 1.4 million boxes annually, tracking $140 million in annual sales, and currently operates with an estimated 39 to 74 employees. Cymax Stores was founded in 2004 by Arash Fasihi.
Cymax Stores has raised $25.0M across 1 funding round.
Cymax Stores has raised $25.0M in total across 1 funding round.
Cymax Stores has raised $25.0M across 1 funding round. Most recently, it raised $25.0M Series A in October 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 15, 2015 | $25M Series A | BDC Capital, Markus Frind, Salman Partners | — | Announced |
Cymax Stores has raised $25.0M in total across 1 funding round.
Cymax Stores's investors include BDC Capital, Markus Frind, Salman Partners.