About eleven-x
eleven-x is a company based in Waterloo (Canada) founded in 2014. It operates as a SaaS (Software-as-a-Service). eleven-x has raised $530 thousand across 2 funding rounds from investors including Crédit Mutuel Equity and Accelerator Centre. eleven-x offers products and services including eXactpark and eXactnav. eleven-x operates in a competitive market with competitors including Senet, OrbiWise, The Things Industries, Hivello Holdings and TrackNet, among others.
- Headquarter Waterloo, Canada
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$530 K (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Seed
May 06, 2020
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Investors
Crédit Mutuel Equity
& 1 more
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Employee Count
Employee Count
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Products & Services of eleven-x
eleven-x offers a comprehensive portfolio of products and services, including eXactpark and eXactnav. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Smart parking system for real-time occupancy monitoring provided.
Wayfinding tool to guide drivers to available spaces.
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Funding Insights of eleven-x
eleven-x has successfully raised a total of $530K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $500,000
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First Round
First Round
(10 Dec 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Seed - eleven-x | Valuation | Credit Mutuel Equity |
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| Dec, 2015 | Amount | Seed - eleven-x | Valuation | Accelerator Centre |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in eleven-x
eleven-x has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Crédit Mutuel Equity and Accelerator Centre. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth and acquisition investments are managed by Credit Mutuel Equity.
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Founded Year | Domain | Location | |
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Startups are built and accelerated in a structured studio environment.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by eleven-x
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - eleven-x
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eleven-X Comparisons
Competitors of eleven-x
eleven-x operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Senet, OrbiWise, The Things Industries, Hivello Holdings and TrackNet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
LoRa-based connectivity solutions are provided for IoT applications.
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| domain | founded_year | HQ Location |
Network software solutions for LoRaWAN-based IoT connectivity are provided.
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| domain | founded_year | HQ Location |
LoRaWAN network server software and support services are provided.
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| domain | founded_year | HQ Location |
LoRaWAN technology is developed for decentralized IoT networks.
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| domain | founded_year | HQ Location |
End-to-end LoRaWAN solutions for IoT applications are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eleven-X
Frequently Asked Questions about eleven-x
When was eleven-x founded?
eleven-x was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is eleven-x located?
eleven-x is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Is eleven-x a funded company?
eleven-x is a funded company, having raised a total of $530K across 2 funding rounds to date. The company's 1st funding round was a Seed of $30K, raised on Dec 10, 2015.
What does eleven-x do?
Smart parking and wayfinding solutions are offered by eleven-x to municipalities, campuses, and private organizations. Real-time occupancy monitoring and data insights are delivered through the eXactpark platform to improve parking management. Driver experience is enhanced by guiding users to available spaces, while congestion is reduced. Advanced analytics and dynamic pricing are utilized to optimize operations. Safer environments and better community quality of life are promoted through innovative software platforms.
Who are the top competitors of eleven-x?
eleven-x's top competitors include Senet, Hivello Holdings and The Things Industries.
What products or services does eleven-x offer?
eleven-x offers eXactpark and eXactnav.
Who are eleven-x's investors?
eleven-x has 2 investors. Key investors include Crédit Mutuel Equity, and Accelerator Centre.