Key Accomplishments

• Nearly 800 properties nationwide are now live on the Connexus platform, representing broad adoption across markets and asset types.
• 12,000+ RFPs managed for clients, enabling centralized procurement that streamlined workflows, increased operational efficiency, and delivered better visibility and control over spend.
• Reduced burden for on-site and regional teams by centralizing procurement and contract management functions—freeing our clients to focus on higher-value, strategic initiatives.
• Average cost savings of over 11% on current contracts, driving meaningful, measurable impact to our clients’ bottom lines.
• 10,000+ vendors onboarded to the Connexus platform, strengthening our network while expanding choice and transparency for our clients.
• Major technology advancements, including the launch and enhancement of multiple platform modules:
  • Vendor Management
  • Contract Management
  • AI-enabled Scope of Work creation and storage
  • RFP Management
  • Automated bid leveling
  • E-signature and contract fulfillment

We’re also excited about several additional modules already in development that will continue to expand the power and reach of the Connexus platform.

Challenges We Faced

• Raising capital in a challenging market: Despite strong growth and performance, fundraising remained difficult amid broader economic uncertainty. We remained disciplined, focused, and strategic throughout the process.
• Scaling a balanced team: As we grew, we worked intentionally to align hiring with priorities—adding the right talent at the right time while preserving our culture and maintaining operational focus.

Goals for 2026

• Add new modules: Deliver a truly seamless platform with minimal manual intervention, while reducing the number of platforms and systems owners and operators need to manage.
• Grow by 3x: This ambitious target will further solidify Connexus’ position as a market leader and accelerate our mission to modernize procurement and contract management.

Acknowledgements

As we close out an incredible year, I want to express my sincere gratitude:

• To our team: Thank you for your relentless dedication, creativity, and commitment. This progress is a direct result of your hard work.
• To our clients and investors: Thank you for trusting Connexus and partnering with us. Your belief in our vision makes everything we do possible.
• To our advisors: Your guidance and insight have been invaluable as we navigate growth and scale.
• To our families and friends: Thank you for your patience, encouragement, and unwavering support as we’ve worked to build something meaningful.

Happy holidays to everyone. Here’s to an even stronger, more impactful 2026.

— Devin