Cymax Group
Company type | Technology |
---|---|
Industry | eCommerce |
Founded | 2004 |
Founders | Arash Fasihi |
Successor | Mike Herenberg |
Headquarters | Burnaby, British Columbia , Canada |
Area served | International |
Key people | Markus Frind, Arash Fasihi |
Number of employees | 300 (2023) |
Website | www |
Cymax Group Technologies Ltd. is a privately held eCommerce company headquartered in Burnaby, British Columbia, Canada. The Cymax Group of brands includes two retail websites, Cymax Business and Home Square, which sell furniture and decor; plus Freight Club and Channel Gate, which are eCommerce logistics and technology enablement platforms.
History
Cymax Group was founded in 2004 by Arash Fasihi[1] as an online retailer. The company developed a vendor portal and around 170 micro-sites. Currently, Cymax Group operates two online retail properties, Cymax Business and Home Square.
A Series A funding round in 2015, led by Frind Holdings, Salman Partners and BDC Capital Corporation, brought the organization's total funding amount to $25 million.[2]
The same year, the company launched Freight Club in the US with 100+ carriers offering nationwide drop shipping services at enterprise rates. Freight Club offers application programming interfaces that integrate with core systems. In 2020, Freight Club launched a cart-level, real-time shipping quote integration on the Shopify app store.[3]
In 2018, the company launched Channel Gate, offering a digital supply chain platform for furniture manufacturers.
In 2019, Rizwan Somji was appointed chief executive officer of Cymax Group. Under his leadership, the organization has increased focus and investment of resources on the development of technology in support of simplifying eCommerce for partners and consumers through machine learning, artificial intelligence, and advanced analytics.[citation needed]
Ratings
- 2007 – Ranked 247th in the Internet Retailer Top 500 Internet Companies index [4]
- 2008 – Ranked 200th in the Internet Retailer Top 500 Internet Companies index[5]
- 2009 – Ranked 167th in the Internet Retailer Top 500 Internet Companies index[6]
- 2010 – Ranked 168th in the Internet Retailer Top 500 Internet Companies index[7]
References
- ^ Meisner, Jeff. "Cymax Stores: The Little Online Furniture Shop That Could". E-Commerce Times. Retrieved 12 July 2017.
- ^ "Cymax Raises $25 Million Series A to Revolutionize Furniture E-Commerce". Market Wired.
- ^ "Freight Club launches real-time shipping and rate calculator at checkout on Shopify App Store".
- ^ Diversity helped Cymax Stores grow Q4 web sales by 60%
- ^ Executing the basics helps Cymax Stores go head to head with bigger rivals
- ^ "Cymax Stores web sales up despite the housing downturn". Digital Commerce 360. 2008-07-09. Retrieved 2017-08-17.
- ^ The Top 500 List – Internet Retailer Magazine
- v
- t
- e
- 49th Parallel Coffee Roasters
- 604 Records
- A&W Canada
- AbCellera
- Advanced Cyclotron Systems
- Alterra Power
- Arcana Studio
- Avigilon
- Aritzia
- Ballard Power Systems
- BC Liquor Distribution Branch
- Blenz Coffee
- BlueShore Financial
- Boston Pizza
- Brightlight Pictures
- British Columbia Maritime Employers' Association
- British Columbia Society for the Prevention of Cruelty to Animals
- BroadbandTV Corp
- Cactus Club Cafe
- Canada Wide Media
- Canfor
- Canucks Sports & Entertainment
- Central City Brewers & Distillers
- CHC Helicopter
- Choices Markets
- Cityfone
- Clearly
- Clio
- Coast Capital Savings
- Coast Mountain Bus Company
- Creative Energy
- Crosslight Software
- CTBC Bank Canada
- Cymax Group
- Dairyland Canada
- Daiya
- Dan-D Foods
- Dollar Tree Canada
- D-Wave Systems
- E-Comm
- EA Vancouver
- Ebco Industries
- Eldorado Gold
- Encorp Pacific
- Envision Financial
- Fairchild Group
- Finning
- First Quantum Minerals
- FortisBC
- Freshlocal Solutions
- Freshslice Pizza
- Galvanize
- Gulf & Fraser
- Gardein
- Gateway Casinos
- General Fusion
- Glentel
- Global News
- Goldcorp
- Great Northern Way Campus
- Greenpeace
- Happy Planet
- Harbour Air Seaplanes
- Heffel Gallery
- Hellbent Games
- Hootsuite
- Hospital Employees' Union
- Hothead Games
- Insights West
- Intrawest
- Ironclad Games
- Ivanhoe Mines
- JJ Bean
- Jim Pattison Group
- Justason Market Intelligence
- Kerberos Productions
- Kin's Farm Market
- Klei Entertainment
- London Drugs
- Lululemon Athletica
- Lush North America
- Macdonald Realty
- McLean Group of Companies
- Methanex
- MetroLyrics
- Modo
- Mountain Equipment Company
- Nature's Path
- Nettwerk
- Next Level Games
- Nintendo of Canada
- O2E Brands
- Ocean Productions
- Pacific Blue Cross
- Panago
- Parallel 49 Brewing Company
- Piranha Games
- PlentyofFish
- Premium Brands Holdings Corporation
- Prospera Credit Union
- QX Metals
- Relic Entertainment
- Ricky's All Day Grill
- Ritchie Bros. Auctioneers
- Russell Brewing Company
- Sandstorm Gold
- Shavick Entertainment
- Sierra Wireless
- SkyBox Labs
- SoftQuad Software
- Squirrel Systems
- SSR Mining
- Steamworks Brewing Company
- Synthetic Entertainment
- T&T Supermarket
- Teck Resources
- Telus
- Teradici
- Univar Canada
- Vancity
- Vancouver Film Studios
- Vancouver Orphan Kitten Rescue Association
- Vantage Airport Group
- Vega
- VersaCold
- West Fraser Timber
- Wheaton Precious Metals
- White Spot
- Zulu Records
- Air BC
- Barnard's Express
- BC Tel
- British Columbia Resources Investment Corporation
- Capcom Vancouver
- Catalena Productions
- Distinctive Software
- EA Black Box
- Foley, Welch and Stewart
- Future Shop
- Gaslamp Games
- HarbourLynx
- Hastings Mill
- Hawkair
- Island Express Air
- MacMillan Bloedel
- Mozilla Messaging
- NCIX
- Pacific Western Airlines
- The Pas Lumber Company
- Pixar Canada
- Propaganda Games
- Radical Entertainment
- Recon Instruments
- Rockstar Vancouver
- Slant Six Games
- United Front Games
- West Coast Air