The people
What they build
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Working at Nexonia
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On the TechVancouver stage
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About
Neil Wainwright started Nexonia in Toronto to sell flexible expense reports and timesheets to mid-market finance teams — the kind of company that has outgrown spreadsheets but does not want an enterprise implementation. A PRWeb release marking the company's tenth anniversary in 2014 puts the start in the mid-2000s, and the host who introduced Wainwright at TechVancouver in February 2019 said he had begun about fifteen years earlier, before anyone used the word SaaS. The business became a consolidation story: Nexonia merged with Tallie in 2016, and in June 2017 K1 Investment Management put more than $125 million behind combining Nexonia, Tallie and ExpenseWatch under the Certify brand. Certify and Chrome River merged in March 2019 in a deal reported at more than $1 billion, and the group — Certify, Chrome River, Abacus, Captio, Nexonia and Tallie — was rebranded as Emburse. The product is sold today as Emburse Nexonia. Wainwright appeared on a TechVancouver panel with Kim Kaplan of Plenty of Fish in February 2019 on the trials of scaling a startup through to acquisition; he told the room he was in temporary retirement and spending his time advising founders on product-market fit.
Backers
Backed by K1 Investment Management through the 2017 Certify combination; the product now sits inside Emburse, formed from the March 2019 Certify–Chrome River merger.
Quick answers
What is Nexonia?
An expense-report and timesheet product for mid-market finance teams, founded in Toronto by Neil Wainwright. It is sold today as Emburse Nexonia.
What happened to Nexonia?
It merged with Tallie in 2016, was brought under the Certify brand in June 2017 with more than $125 million from K1 Investment Management, and became part of Emburse after Certify and Chrome River merged in March 2019.
What did Nexonia's founder say on the TechVancouver stage?
On a February 2019 panel with Kim Kaplan of Plenty of Fish about scaling a startup to acquisition, Neil Wainwright said he had come from Toronto for the event, was in temporary retirement, and was spending his time advising startups on product-market fit.