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erxes Inc

erxes is an open-source experience operating system (XOS)

Raising $1,000,000
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Quick Pitch

Erxes is the open-source Experience Operating System revolutionizing marketing tech. Tailored for SaaS, agencies, and developers, we're the next-gen Hubspot alternative. Democratizing investment through a unique CSO, we put community at the forefront, redefining business growth.

Product/Service Details

Erxes originated in 2016 as an open-source Intercom alternative. Bootstrapping slowed our pace, as we balanced enterprise service with product development. Currently, we have a dual revenue stream: six custom development clients contribute $75K-$150K annually, while over 20 enterprise customers add another $18K each for support and maintenance.

On September 4, we rolled out our SaaS version. Our product suite includes four bundled offerings: XM for SaaS, XM for B2B Sales, XM for Frontline, and XM for People. All are market-ready, undergoing feature refinement and bug maintenance. A public launch on platforms like ProductHunt is pending.

Traction & Accomplishments

  • Open Source: Achieved 1M+ downloads and 25K+ installs, with a consistent rate of 10+ daily installations.
  • SaaS: Boast 1K daily active users and a staggering 1,055.0% MRR growth in just 6 months.
  • Enterprise: Secure an average of one new enterprise or platform client per month.
  • Funding: Raised $2.9M from 139 investors, who collectively own 13.39% equity. Current company valuation stands at $22.5M.

How We're Different

  • Infrastructure Focus: Erxes aims to be the foundational infrastructure for Experience Operating Systems, enabling businesses to build diverse experiences for customers, employees, and vendors.
  • Open-Source Versatility: Our XOS platform allows for custom, tailored experiences that cater to a wide range of business needs, setting us apart in the market.
  • Dual Business Model: We serve both tech-savvy and non-tech users. Our SaaS offerings—XM for SaaS, XM for B2B Sales, XM for Frontline, and XM for People—are bundled and ready-to-use. We also offer a pay-as-they-grow option for scalability.
  • Developer-Centric: Erxes serves as a modular back-end system, providing a robust platform for developers to build upon.

Team

Mend-Orshikh /MJ/ - Co-Founder and CEO

Social entrepreneur, father of three, hicking 

As Co-Founder and CEO of erxes Inc, I specialize in transforming marketing technology through our open-source Experience Operating System (XOS). Designed for SaaS providers, digital marketing agencies, and developers, erxes is poised to redefine business growth. We're not just a Hubspot alternative; we're a mission-driven ecosystem committed to delivering unparalleled value to our community. My passion lies in social entrepreneurship, leveraging scalable solutions to enact meaningful societal change.

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Nauren Batjargal - Co-Founder & Chief Operating Officer

 

As Co-Founder and COO of erxes Inc, Naran Batjargal leverages a decade of financial expertise to revolutionize the marketing technology landscape. Naran's financial acumen is rooted in diverse roles across multiple sectors. She served as Product Development Officer at Xac Bank, a community development bank in Mongolia, and as an accountant in taxation at LECG London, a global expert services firm. She also held the position of finance coordinator at Control Risk, a specialist risk consultancy. Naran holds a Bachelor's degree in Finance from the Institute of Finance and Economics, Mongolia, a Bachelor's degree in E-commerce and Marketing from LSC, London, and an MBA from Charles Stuart University of Australia.

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