| Cymax Group | |
| Type: | Technology |
| Industry: | eCommerce |
| Successor: | Mike Herenberg |
| Founded: | 2004 |
| Founders: | Arash Fasihi |
| Hq Location City: | Burnaby, British Columbia |
| Hq Location Country: | Canada |
| Area Served: | International |
| Key People: | Markus Frind, Arash Fasihi |
| Num Employees: | 300 |
| Num Employees Year: | 2023 |
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.
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.