Velixo
Velixo is a Montréal-based software company that sells an Excel-native reporting, budgeting, and writeback platform connecting directly to mid-market ERPs (Acumatica, Sage Intacct, MYOB, Business Central, Cegid) via live APIs, serving finance teams across construction, nonprofit, manufacturing, and other verticals in 25 countries.
- Company typePrivate
- Founded2017
- HeadquartersMontréal, Canada
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Velixo does
Velixo is a Montréal-based software company, founded in 2017, that sells an Excel-native reporting, budgeting, and automation platform for mid-market ERP systems. The product is delivered as a Microsoft Excel add-in (Desktop, Online, and Mac) and connects directly to ERPs — including Acumatica, Sage Intacct, MYOB Acumatica, Microsoft Dynamics 365 Business Central, Cegid XRP Flex, STACK, Haufe X360, Hotel Investor Apps, and Jamis Prime — via native APIs without middleware, data cubes, or a separate data warehouse. Its Smart Refresh engine pulls live data with in-memory caching, supports bulk writeback of journals, budgets, forecasts, and master data back to the ERP, and exposes purpose-built Excel functions for GL, projects, AR/AP, inventory, and payroll.
The platform is organized into six modules — Report, Analyze, Budget & Plan, Push (writeback), Govern & Collaborate, and Distribute & Automate — augmented by Velixo Intelligence, an in-Excel AI assistant with three agents (Guide, Analyst, Report Builder) and an in-cell =VX.ASK() function, currently in private preview. Velixo integrates natively with the Microsoft 365 stack (SharePoint, OneDrive, Teams, Power Automate, Outlook, PowerPoint), is SOC 2 Type II certified, and operates through a hybrid GTM: product-led self-service on ERP marketplaces (best-selling on Acumatica, Sage, and MYOB) plus enterprise field sales and a structured VAR/SI/accounting-firm partner program. Velixo reports 3,400+ customer companies across 25 countries, 97%+ retention, and a 4.7/5 G2 rating, with vertical solutions in construction, nonprofits, financial services, distribution, healthcare, manufacturing, and government. Revenue is generated through subscription licensing on annual contracts; pricing is quote-based and not publicly disclosed.
Velixo firmographics
Firmographics- Name
- Velixo
- Legal name
- Velixo
- Website
- https://velixo.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Velixo is a Montréal-based software company that sells an Excel-native reporting, budgeting, and writeback platform connecting directly to mid-market ERPs (Acumatica, Sage Intacct, MYOB, Business Central, Cegid) via live APIs, serving finance teams across construction, nonprofit, manufacturing, and other verticals in 25 countries.
- Ownership category
- akta.pro rank
Velixo industry classification
Industry- Product category
- ERP Financial Reporting Software
- NAICS
- Software Publishers (5132), Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Collaboration & Productivity Platforms (M365/Google Workspace, Email, Chat/Meetings) (BPAEAIAD)
- akta.pro secondary industry
- LLMOps & Generative AI Platforms (Prompt/Agent Orchestration, RAG) (HDAEANAD)
Keywords
Where Velixo is headquartered
LocationHeadquarters
- HQ city
- Montréal
- HQ country
- Canada
- HQ region
- North America
Markets served
Velixo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Licensing: Subscription-based pricing model for the Velixo Excel add-in. Simple, upgradable subscription plans with no hidden fees. Requires only Excel (Desktop or Online) as a prerequisite.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Standard subscription plan |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Velixo product offering
Product offeringCore offering
Velixo is an Excel-native add-in that delivers live, API-based reporting, budgeting, and data automation for ERP systems including Acumatica, Sage Intacct, Microsoft Dynamics 365 Business Central, MYOB, Cegid XRP Flex, and others, without requiring middleware, a data warehouse, or a separate BI platform. It provides bidirectional connectivity through Smart Refresh live queries and a Push (writeback) module for journals, budgets, forecasts, and master data, augmented by Velixo Intelligence, an embedded AI assistant for natural language querying and report generation. The product is offered as subscription licensing with self-serve deployment and is sold direct, through ERP marketplaces, and via a partner channel.
Product overview
Velixo is an AI-first Excel reporting, budgeting, and automation platform for ERP systems, delivered as a Microsoft Excel add-in. The core platform (also called Velixo) provides live, API-based connectivity to Acumatica, Sage Intacct, Microsoft Dynamics 365 Business Central, MYOB Acumatica, Hotel Investor Apps, Cegid XRP Flex, STACK, Jamis Prime, and Haufe X360 without middleware, data cubes, or data warehouses. The product portfolio consists of the Velixo core platform augmented by the Velixo Intelligence AI add-on and organized into six core modules: Report (live ERP reporting), Analyze (drill-down exploration), Budget & Plan (Excel-native budgeting and forecasting), Push (bidirectional ERP writeback), Govern & Collaborate (security and cloud centralization), and Distribute & Automate (Microsoft 365-native report distribution and workflows). A pre-built template library covers financial statements, consolidations, reconciliations, project forecasting, and operational reporting across multiple verticals including construction, nonprofit, financial services, distribution, healthcare, manufacturing, and government. Velixo operates entirely inside Excel (Desktop, Online, and Mac), integrates natively with Microsoft 365 (SharePoint, Teams, Power Automate, OneDrive, Word, PowerPoint, Outlook), and embeds AI capabilities via Velixo Intelligence (currently in private preview) that enables natural language querying, workbook analysis, and AI-assisted formula and report generation.
Differentiator
Problem solved
Functional benefit
Products and services
- Velixo Core Platform API-based, real-time reporting, budgeting, and automation platform delivered as a Microsoft Excel add-in. Connects live to supported ERP systems (Acumatica, Sage Intacct, Microsoft Dynamics 365 Business Central, MYOB, Cegid XRP Flex, Hotel Investor Apps, Jamis Prime, Haufe X360, STACK) without middleware, data cubes, or data warehouses. Enables Excel-native GL, project, AR/AP, and payroll reporting, budget writeback, data push to ERP, and automated distribution via Microsoft 365. Sold as an annual subscription to mid-market and enterprise finance teams.
- Velixo Intelligence AI assistant embedded directly inside Microsoft Excel that answers natural language questions about live ERP data, analyzes workbook contents, and generates Velixo formulas and full reports on demand. Includes three orchestrated agents (Guide for product and ERP questions, Analyst for workbook analysis, Report Builder for formula and report generation) and a =VX.ASK() in-cell commentary function that refreshes with the workbook. Currently in private preview and supports org-level opt-out for LLM data policies. Built for finance and operations users running on Acumatica, Sage Intacct, Business Central, and other supported ERPs.
- Velixo for Microsoft Dynamics 365 Business Central ERP integration package that delivers Velixo's live Excel reporting, budgeting, and Push writeback capabilities to organizations running on Microsoft Dynamics 365 Business Central. Provides real-time API connectivity, financial reporting support, and integration with the Velixo Intelligence AI add-on.
- Velixo by STACK Real-time Excel integration between Velixo and the STACK construction platform, delivering live ERP data connectivity and operational reporting for construction-industry finance and project teams.
Quantifiable outcome
- 300% faster reporting
- +10 more outcomes
Companies that use Velixo
Customer profileNamed customers16 records
Segments13 records
Ideal customer profiles4 records
Velixo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability5 records
Feature6 records
Velixo partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and flagship.
- Microsoft Dynamics 365 Business CentralcoreVelixo expanded its ERP connectivity to include Microsoft Dynamics 365 Business Central, enabling Excel-native reporting and budgeting capabilities for Business Central users. Integration provides real-time data access, writeback capabilities, and full financial reporting support.
- STACKcoreSTACK and Velixo launched a real-time Excel integration enabling enhanced data connectivity and operational efficiency for users. The integration brings Velixo's live ERP reporting capabilities to STACK's construction platform.
- Brilliant LinkflagshipSouth Africa's leading Sage Platinum Partner. Recognized as Velixo Partner of the Year for both 2024 and 2025, making it the only South African partner to earn this distinction consecutively. Provides ERP implementation and reporting services.
- AcumaticaflagshipCertified Acumatica application and top-rated reporting add-in on Acumatica marketplace. Deep bidirectional integration across Acumatica's construction, project accounting, and financial modules.
- Sage IntacctflagshipBest-selling add-in on Sage Intacct marketplace with native integration for Sage Intacct Construction and Sage Intacct Nonprofit. Deep integration with multi-entity structure and dimensions.
- MYOBcoreBest-selling app on MYOB marketplace providing Excel-native reporting capabilities for MYOB Acumatica users.
- Microsoft 365coreNative integration with Microsoft 365 ecosystem including SharePoint, OneDrive, Teams, and Power Automate for governance, collaboration, and automated workflows. Available across Windows, Mac, and Excel Online.
- Cegid XRP FlexcoreIntegration with Cegid XRP Flex ERP providing Excel-native reporting and budgeting capabilities.
- VAR, SI, and Accounting Firm PartnerscorePartner program for Value-Added Resellers, System Integrators, and accounting firms across Sage Intacct, Acumatica, and Business Central ecosystems. Partners receive training, certification, deal registration, and co-sell support.
Scale indicators16 records
Recent moves5 records
Expansion highlights6 records
Velixo competitors and assessment
Company assessmentDirect peers
- Solver: Excel-based reporting and budgeting add-in purpose-built for ERP systems including Acumatica and Sage Intacct. One of the closest direct competitors given shared ERP ecosystem focus and Excel-native delivery model.
- Jedox: Enterprise performance management and planning platform with Excel add-in and writeback. Competes with Velixo on budgeting, planning, and Excel-based financial modeling for finance teams at mid-market and enterprise.
- Vena Solutions: Excel-native FP&A and budgeting platform targeting finance teams. Closest direct competitor to Velixo: both sell subscription-based Excel add-ins for budgeting, reporting, and planning — Vena is the larger, more enterprise-tilted peer with broader FP&A scope.
- DataRails: Excel-based FP&A solution that turns Excel into a collaborative planning and reporting tool for finance teams. Comparable to Velixo on Excel-native delivery, mid-market finance persona focus, and GL/financial reporting workflows.
Broad incumbents
- insightsoftware: Large ERP-focused reporting and EPM software portfolio with deep native connectivity to Acumatica, Sage Intacct, and other platforms Velixo supports. A broad incumbent that competes via dedicated reporting products rather than a single Excel add-in.
- Planful: Cloud-native FP&A and financial close platform with Excel integration. Competes with Velixo for budgeting, close, and consolidation workloads and is now adding AI agent capabilities that overlap with Velixo Intelligence.
- Prophix: Mid-market FP&A and performance management vendor with Excel add-in and writeback. Targets similar CFOs/controllers and competes with Velixo on budgeting, reporting, and consolidation in the same mid-market ERP ecosystems.
- OneStream: Corporate performance management platform for financial consolidation, planning, and reporting. A larger incumbent serving enterprises that may also evaluate Velixo for Excel-native finance workflows.
- Microsoft Power BI: Microsoft's BI platform with native Excel integration, increasingly overlapping with Velixo's reporting and analysis use cases. The most strategically important incumbent given Microsoft's ownership of the Excel surface Velixo depends on.
Others
- Sage Intacct (native reporting): Native financial reporting inside Sage Intacct, one of Velixo's flagship ERP partners. Represents the free, bundled substitute that Velixo must continue to out-feature — particularly on consolidation, multi-entity, and writeback.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Velixo social profiles
Digital presenceVelixo compliance and trust
Trust signalCompliance1 record
Velixo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Velixo leadership team
Management profileNumber of profiles
Profiles5 records
Velixo funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Velixo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Velixo
What does Velixo do?
Velixo is an Excel-native add-in that delivers live, API-based reporting, budgeting, and data automation for ERP systems including Acumatica, Sage Intacct, Microsoft Dynamics 365 Business Central, MYOB, Cegid XRP Flex, and others, without requiring middleware, a data warehouse, or a separate BI platform. It provides bidirectional connectivity through Smart Refresh live queries and a Push (writeback) module for journals, budgets, forecasts, and master data, augmented by Velixo Intelligence, an embedded AI assistant for natural language querying and report generation. The product is offered as subscription licensing with self-serve deployment and is sold direct, through ERP marketplaces, and via a partner channel.
Is Velixo a public or private company?
Velixo is a private company. It is classified as unknown and is currently operating.
When was Velixo founded?
Velixo was founded in 2017. It employs 51 to 100 people.
Where is Velixo based?
Velixo is headquartered in Montréal, Canada, in the North America region.
How does Velixo make money?
One revenue line is on record: subscription Licensing.
Who are Velixo's main competitors?
Direct peers on record are Solver, Jedox, Vena Solutions and DataRails. Broad incumbents are insightsoftware, Planful, Prophix, OneStream and Microsoft Power BI. Sage Intacct (native reporting) is listed as an others.
Does Velixo have an API?
No public API is recorded for Velixo.
What industry is Velixo in?
Velixo's product category is ERP Financial Reporting Software. Its primary akta.pro industry code is BPAEAIAD, Collaboration & Productivity Platforms (M365/Google Workspace, Email, Chat/Meetings), with a secondary code of HDAEANAD, LLMOps & Generative AI Platforms (Prompt/Agent Orchestration, RAG). Its NAICS code is 5132 and its SIC code is 7372.