Fraxion secures investment and joins forces with Centreviews

Fraxion secures investment and expands with Centreviews acquisition to power next-gen procure-to-pay solution

We’re excited to share a significant milestone in Fraxion’s journey.

Fraxion has secured a majority investment from Main Capital Partners. As part of this exciting new chapter, Centreviews—a leading accounts payable (AP) automation provider—has joined Fraxion as the first add-on acquisition. Together, we’re combining Fraxion’s procurement strengths with Centreviews’ AP automation expertise to expand our procure-to-pay capabilities and deliver even greater value to our customers.

This partnership marks a major step forward in our journey to elevate and expand our offering. By combining our strengths, we’re paving the way for a more powerful, seamless procure-to-pay solution—one that delivers even greater efficiency, visibility, and control.

Driving innovation and scale

With the backing of Main Capital’s strategic expertise and long-term investment approach, this partnership positions us to scale efficiently, innovate with greater speed, and meet the evolving needs of modern finance teams. We’re building a future-ready platform that empowers mid-market organizations to streamline procurement and AP workflows with confidence.

Fraxion and Centreviews each bring over two decades of proven expertise—Fraxion in procurement and spend management, and Centreviews in AP automation. Together, we unite complementary strengths, deep domain knowledge, and a shared commitment to driving efficiency and savings for the customers we serve.

A unified solution for mid-market success

By combining decades of innovation and industry experience, and leveraging the latest technology, we can deliver a more powerful, end-to-end platform. Customers will gain access to robust integrations, SOC 2-compliant security, and leading-edge capabilities across procurement and AP automation—all within a seamless solution for proactive spend management.

We currently serve customers in 25 countries—across industries including education, healthcare, agriculture, government, manufacturing, and non-profits. Our proven success in these sectors gives us a deep understanding of their unique challenges—from regulatory compliance and budget constraints to the need for greater efficiency and financial control.

Backed by investor confidence and a shared vision

“We are very pleased to announce this investment in Fraxion and follow-on acquisition of Centreviews,” said Daan Visscher, Investment Director & Co-head North America at Main Capital Partners.

He added, “By unifying procurement and payables into a seamless platform, the combined business enables finance leaders to drive efficiency, transparency, and accountability—key pillars of both operational excellence and ESG stewardship. We are proud to back solutions that not only deliver measurable operational efficiency, but also align with the evolving needs of finance teams across the mid-market.”

We’re excited to move forward with Centreviews and Main Capital Partners—both of which share our values and unwavering focus on customer success. With aligned leadership and a shared vision, we’re energized by the opportunities ahead and confident in our ability to unlock powerful new possibilities for our customers in this next chapter.

Stanton Jandrell, CEO of Fraxion said, “We are thrilled to partner with Main Capital Partners and join forces with Centreviews, and we see ample opportunity to capture upon a shared vision to create a strong end-to-end solution from requisition to payment through these next stages of growth.”  

That sentiment is echoed by Joe Meyer, CEO of Centreviews, who sees great potential in this partnership: “Our team is excited about the new chapter we’re embarking on alongside the Main and Fraxion folks. I have no doubt that we’ll achieve great outcomes for our customers over these coming years as well as we continue to maintain and improve upon our product offering.”

Looking ahead

With the backing of Main Capital Partners and the combined strengths of Fraxion and Centreviews, we’re primed to innovate, scale, and unlock new possibilities for mid-market finance teams around the world. While we look ahead with excitement and a shared vision for the future, one thing remains unchanged—we’ll continue to deliver the trusted service and solutions our customers have come to rely on.

We’re shaping what’s next in procure-to-pay software, and we’re just getting started!

View Main Capital's announcement and full press release here.