About Exabel
Exabel is a company based in Oslo (Norway) founded in 2016 by Neil Lawrence Chapman was acquired by BattleFin in December 2024.. Exabel has raised $17.3 million across 5 funding rounds from investors including Innovasjon Norge, BattleFin and Vatne Capital. The company has 20 employees as of December 31, 2022. Exabel operates in a competitive market with competitors including Altruist, GeoWealth, Nucleus Financial, xalts and SnapTrade, among others.
- Headquarter Oslo, Norway
- Employees 20 as on 31 Dec, 2022
- Founders Neil Lawrence Chapman
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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
*********
- Legal Name Exabel As
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Annual Revenue
$2.56 K (USD)0as on Dec 31, 2019
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Net Profit
$-2.14 M (USD)-8as on Dec 31, 2019
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EBITDA
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Total Equity Funding
$17.3 M (USD)
in 5 rounds
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Latest Funding Round
$9 M (USD), Seed
Mar 10, 2021
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Investors
Innovasjon Norge
& 7 more
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Employee Count
20
as on Dec 31, 2022
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Acquired by
BattleFin
(Dec 17, 2024)
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Funding Insights of Exabel
Exabel has successfully raised a total of $17.3M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $9 million completed in March 2021. 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 5
- Last Round Seed — $9.0M
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First Round
First Round
(27 Aug 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Exabel | Valuation | Awilhelmsen |
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| Sep, 2020 | Amount | Seed - Exabel | Valuation |
investors |
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| Sep, 2020 | Amount | Grant - Exabel | Valuation |
investors |
| 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 Exabel
Exabel has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Innovasjon Norge, BattleFin and Vatne Capital. 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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Vatne Capital is engaged in real estate rental services.
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Founded Year | Domain | Location | |
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Kvantia is engaged in global investment partnerships and strategies.
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Founded Year | Domain | Location | |
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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 Exabel
| 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 - Exabel
| 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 |
Exabel Comparisons
Competitors of Exabel
Exabel 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 Altruist, GeoWealth, Nucleus Financial, xalts and SnapTrade, 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 |
Portfolio management software for financial advisors
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| domain | founded_year | HQ Location |
Integrated wealth management solutions are offered for advisors and institutions.
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| domain | founded_year | HQ Location |
Portfolio management solutions are offered to financial advisors.
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| domain | founded_year | HQ Location |
Wealth management solutions are delivered via an online platform.
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| domain | founded_year | HQ Location |
Provider of API enabling brokerage account connectivity for data and trading
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| domain | founded_year | HQ Location |
Digital wealth tools are provided to empower financial advisors.
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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 Exabel
Frequently Asked Questions about Exabel
When was Exabel founded?
Exabel was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Exabel located?
Exabel is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Is Exabel a funded company?
Exabel is a funded company, having raised a total of $17.3M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.6M, raised on Aug 27, 2018.
How many employees does Exabel have?
As of Dec 31, 2022, the latest employee count at Exabel is 20.
What is the annual revenue of Exabel?
Annual revenue of Exabel is $2.56K as on Dec 31, 2019.
What does Exabel do?
Exabel was founded in 2016 in Oslo, Norway, within the financial technology sector. AI-driven tools for portfolio management are provided to investment managers and advisors. Hypothesis analysis, predictive modeling, and backtesting capabilities are included to support investment decisions. Data evaluation, in-depth analysis, reporting functions, and actionable insights are delivered to enhance portfolio oversight and performance tracking.
Who are the top competitors of Exabel?
Exabel's top competitors include Altruist, Nucleus Financial and QPLIX.
Who are Exabel's investors?
Exabel has 8 investors. Key investors include Innovasjon Norge, BattleFin, Vatne Capital, Kvantia, and Sanden International.