Posted in:Employee Blog
Today, we achieved an exciting milestone for the entire erxes community. Our company equity, ERXS, is now accessible on our website as a Continuous Securities Offering (CSO). This achievement has been a steady march towards progress — a testament to our wins and losses over the past 10 years.
In the decade since we first set our sites on Silicon Valley, we’ve been on a mission to make MarTech accessible for everyone through our open-source software. Over the years, we have learned and grown a lot along the way, mostly thanks to feedback from our clients and customers, like you.
Moving forward, we recognize the gravity of this opportunity. So, why did we choose to launch a CSO now? True to our mission, we chose this new model because of its accessibility. We did this because it allows us to share our financial success not just with industry insiders but also with our community members. In this COVID19 world, it’s never been more important for businesses to have accessible, and quality technology solutions. With your support, I am certain we can achieve this together while democratizing MarTech for all.
It’s often said, “if you’re not paying money, then you’re the product”. In recent years the public has seen a fair share of tech companies violating the rights of consumers. There is a growing resentment towards big tech. I think in this “sharing economy” ecosystem, community members and those creating value should own the rights to the company equity. As suggested in this post, imagine AirBnB giving Hosts equity when they become SuperHosts. What if the editors owned Wikipedia?
Thank you to all our customers, partners, and colleagues for being an integral part of this journey. Reaching this milestone has truly been a collective effort, and this day belongs to all of us. We are proud to be one of the trailblazers of this movement of democratizing tech and hope you’ll join us!
- “erxes announces Continuous Securities Offering” press release
- “Investing in erxes” blog post
- Investment page
erxes is an open-source growth marketing software designed to optimize users’ multi-brand businesses. It wraps sales, marketing, and customer support into a single platform. erxes helps users connect with their customers without switching apps for every interaction. erxes offers a built-in messenger, team inbox, knowledge base, and many more. It can be self-hosted or used through the cloud version, aka SaaS.
Since launching in 2017, erxes has been on a mission to provide equal opportunities for growth for all types of businesses. erxes was chosen as one of the Top 100 startups during Echelon Asia Summit 2018. The following year, it was also one of the top 10 finalists of the Techsauce Global Summit Pitch Championship. MJ Amartaivan, Bat-Amar Battulga, and Nauren Batjargal founded erxes in 2017. Its headquarter is in California, with offices in Ulaanbaatar and Singapore.