Felix

Vendor Management & Procurement Softwarefelix.net

Felix is an ASX-listed Brisbane-based SaaS provider of cloud vendor management and procurement software for enterprise mining, construction, infrastructure, and property organizations, serving 8,000+ users managing 115,000+ vendors across 90+ countries.

Company typePrivate
Founded2012
HeadquartersBrisbane, Australia
Headcount101–250
GTM typeB2B
OfferingSoftware

What Felix does

Felix is a Brisbane-headquartered, ASX-listed enterprise SaaS company (ASX:FLX, Felix Group Holdings Limited) that provides a cloud-based vendor management and procurement platform for project-led industries. Founded in 2012 and operating with 101-250 employees, the platform supports 8,000+ users managing approximately 100,000-115,000 vendors across 90+ countries. Its customer base spans more than 40 named enterprise accounts concentrated in mining and resources (Emeco, New Hope Group, MLG, Regis Resources, Northern Star, Thiess, Macmahon, Sedgman, Stanwell, CS Energy), construction and infrastructure (Abergeldie, Cimic, CPB, Downer, Fulton Hogan, Leighton, Martinus, BCE, PCL, SCEE, SRG, UGL, West Gate Tunnel Project), property (GPT Group, Frasers), ports (Ports of Auckland), utilities (Diona, Citipower), and government (South Burnett Regional Council), with explicit case studies documenting outcomes such as 250+ users managing 5,000+ vendors at Abergeldie since 2017 and 90+ hours per week saved in vendor onboarding at an unnamed mining contractor.

Felix firmographics

Firmographics

Name: Felix
Legal name: Felix Software Pty Ltd
Website: https://felix.net
Company type: Private
Founded year: 2012
Operating status: Operating
Headcount range: 101–250 employees
Short description: Felix is an ASX-listed Brisbane-based SaaS provider of cloud vendor management and procurement software for enterprise mining, construction, infrastructure, and property organizations, serving 8,000+ users managing 115,000+ vendors across 90+ countries.
Ownership category
akta.pro rank

Felix industry classification

Industry

Product category: Vendor Management & Procurement Software
NAICS: Software Publishers (5132), Software Publishers (513210)
SIC: Services-Prepackaged Software (7372)
akta.pro primary industry: Vendor & Contract Management (Software/Cloud) (BPAEAOAD)
akta.pro secondary industries: Vendor Master Data Management & Onboarding (BPAAAJAB), Sourcing Support & RFx Administration (RFI/RFP/RFQ) (BPAAAJAC), Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)

Keywords

Vendor management software
Procurement platform
Strategic sourcing
Contract management
Supply chain compliance

Where Felix is headquartered

Location

Headquarters

HQ city: Brisbane
HQ country: Australia
HQ region: Oceania

Offices1 record

Markets served

Felix business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

Annual Software License: Subscription-based annual license fee calculated based on number of users, vendors managed, and desired levels of support. Organizations pay an annual license fee while vendors access the platform free of charge.
Professional Services: Implementation services including rapid implementation for SMEs and tailored project delivery for enterprise customers. Training for key users is included.
API Add-on: Web API available as an add-on feature to Felix solution, enabling enhanced integration capabilities for enterprise customers.

Pricing tiers

Model	Billing	Price
Subscription	Annual	Enterprise Annual License

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Felix product offering

Product offering

Core offering

Felix provides a modular, cloud-based vendor management and procurement software platform that enables organizations in construction, mining, infrastructure, and other project-led industries to centralize vendor data, automate compliance and prequalification, run strategic sourcing/RFx processes, and manage contracts. The platform is offered as four core modules (Vendor Management, Procurement Schedule, Sourcing, Contracts) that can be deployed individually or as an end-to-end solution, supplemented by a Vendor Marketplace for vendor discovery, Felix Connect integration hub, and an open REST Web API.

Product overview

Felix is a modular vendor management and procurement software platform consisting of core modules (Vendor Management, Procurement Schedule, Sourcing, and Contracts) that can be used individually or as a unified end-to-end solution. The platform is complemented by a Vendor Marketplace for discovering new vendors, Felix Connect as the integration hub for connecting external systems, and a Web API for programmatic access. The modular architecture allows organizations to select specific modules for their needs or deploy the complete platform for enterprise-wide procurement transformation.

Differentiator

Problem solved

Functional benefit

Products and services

Vendor Management

Quantifiable outcome

Reduce procurement team administration tasks by up to 90%
+3 more outcomes

Companies that use Felix

Customer profile

Named customers14 records

Segments6 records

Ideal customer profiles3 records

Felix technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration14 records

Feature12 records

Felix partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core.

Oracle AconexcoreTechnology or IntegrationNative integration enabling Felix customers using Aconex document management system to connect platforms for easier document management. Allows seamless and secure import of documents, drawings, photos and project files that support RFQ processes. Automatically syncs document revisions from Aconex to Felix.
InEight DocumentcoreTechnology or IntegrationNative integration connecting Felix with InEight Document for seamless RFQ document management. Enables import of documents from InEight into Felix and automatic sync of document revisions. Helps customers understand supply chain with up-to-date insights during procurement.
Pronto SoftwarecoreTechnology or IntegrationCore integration bringing Felix's vendor intelligence to Pronto Xi ERP. Enables real-time, accurate supplier data flowing into Pronto Xi for enhanced supplier management. Brings accurate vendor data, essential supply chain insights including health and safety, local content and ESG, and enhanced decision making to Pronto Xi users.
EftsurecoreTechnology or IntegrationNative integration with Eftsure fraud protection software. Connects to have vendor payment information verified by Eftsure directly within Felix during vendor onboarding. Ensures vendor bank details submitted are legitimate, reducing risk of payment fraud and cybercrime. Applicable for vendors with Australian and New Zealand-based bank details.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Felix competitors and assessment

Company assessment

Broad incumbents

Jaggaer: End-to-end procurement suite covering sourcing, supplier management, contracts, and spend analytics. Competes with Felix in the upper mid-market and overlaps particularly in construction and manufacturing verticals.
Coupa Software: Public (formerly NASDAQ-listed) business spend management platform with strong supplier risk, sourcing, and contract management capabilities. Direct functional overlap with Felix's core modules but at significantly larger scale.
SAP Ariba: Market-leading indirect procurement and supplier management suite from SAP. Overlaps with Felix's sourcing, vendor management, and contract modules but as part of a much broader procurement platform targeting global enterprises.
Ivalua: Unified source-to-pay platform with strong supplier risk and contract management. Competes with Felix in mid-market and enterprise procurement deals, particularly in asset-heavy industries.
Procore: Construction industry operating system with an expanding procurement and tendering module. Targets the same construction-contractor buyer as Felix and shares several tier-1 contractor logos.
Oracle Fusion Procurement: Native procurement and supplier qualification module within Oracle Fusion Cloud ERP. Overlaps with Felix on vendor master, sourcing, and contract management, and integrates via Felix's existing Oracle Aconex and JD Edwards connectors.

Direct peers

Gatekeeper: Vendor and contract management SaaS platform serving mid-market and enterprise customers across multiple verticals. Closest like-for-like competitor to Felix in vendor management and supplier onboarding workflows.
VendorPanel: Australian vendor management and procurement platform focused on government and construction. Closest ANZ-based head-to-head competitor to Felix in the same verticals and customer profile.

Regional players

Gatewing: European vendor management and procurement SaaS provider primarily serving Benelux and Western European construction and industrial buyers. Comparable vendor and contract management functionality to Felix but with limited ANZ presence.

Emerging players

MarketDojo: Sourcing and supplier management SaaS focused on tendering, RFx, and supplier onboarding for mid-market buyers. Partial overlap with Felix's Sourcing and Vendor Management modules in mid-market deals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Felix compliance and trust

Trust signal

Compliance4 records

Felix financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Felix leadership team

Management profile

Number of profiles

Profiles3 records

Felix funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Felix M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Felix

What does Felix do?

Is Felix a public or private company?

Felix is a private company. It is classified as public and is currently operating.

When was Felix founded?

Felix was founded in 2012. It employs 101 to 250 people.

Where is Felix based?

Felix is headquartered in Brisbane, Australia, in the Oceania region.

How does Felix make money?

Three revenue lines are on record. Annual Software License is the primary driver. The others are professional Services and API Add-on.

Who are Felix's main competitors?

Broad incumbents on record are Jaggaer, Coupa Software, SAP Ariba, Ivalua, Procore and Oracle Fusion Procurement. Direct peers are Gatekeeper and VendorPanel. Gatewing is listed as a regional player. MarketDojo is listed as an emerging player.

Does Felix have an API?

Yes. Felix offers a REST API that provides programmatic access to system data within the Vendor Management and Sourcing modules. The API uses Bearer Token authentication and JSON encoding. Production base URL is https://api.felix.net/v1. Available endpoints include: Vendor Management (vendors, compliance questionnaire, items, compliance documents, tags, external references, payment details, vendor branches); Sourcing (projects, project folders, sourcing requests, pricing schedule line items, awards, procurement schedule); Contract Management (contracts, contract key dates); Administration (users, security groups, teams). Developer documentation is at api-docs.felix.net.

What industry is Felix in?

Felix's product category is Vendor Management & Procurement Software. Its primary akta.pro industry code is BPAEAOAD, Vendor & Contract Management (Software/Cloud), with a secondary code of BPAAAJAB, Vendor Master Data Management & Onboarding. Its NAICS code is 5132 and its SIC code is 7372.