About LxSix
LxSix is a company based in United States founded in 2001 by Jacques Legare was acquired by Weatherford in June 2011.. LxSix has raised $14 million across 1 funding round from investors including Desjardins, Weatherford and Fonds de solidarite FTQ.
- Headquarter United States
- Founders Jacques Legare
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14 M (USD)
in 1 rounds
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Latest Funding Round
$14 M (USD), Series A
Oct 07, 2008
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Investors
Desjardins
& 4 more
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Employee Count
Employee Count
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Acquired by
Weatherford
(Jun 01, 2011)
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Funding Insights of LxSix
LxSix has successfully raised a total of $14M through 1 strategic funding round. The most recent funding activity was a Series A round of $14 million completed in October 2008. 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 1
- Last Round Series A — $14.0M
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First Round
First Round
(07 Oct 2008)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2008 | Amount | Series A - LxSix | 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 LxSix
LxSix has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Desjardins, Weatherford and Fonds de solidarite FTQ. 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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Founded Year | Domain | Location | |
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Financial services are provided cooperatively to members in Canada.
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Founded Year | Domain | Location | |
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Offers savings plans, investments, and financing for businesses and individuals.
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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 LxSix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - LxSix
| 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 |
Lxsix Comparisons
Competitors of LxSix
| 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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Frequently Asked Questions about LxSix
When was LxSix founded?
LxSix was founded in 2001 and raised its 1st funding round 7 years after it was founded.
Where is LxSix located?
LxSix is headquartered in United States.
Who is the current CEO of LxSix?
Jacques Legare is the current CEO of LxSix. They have also founded this company.
Is LxSix a funded company?
LxSix is a funded company, having raised a total of $14M across 1 funding round to date. The company's 1st funding round was a Series A of $14M, raised on Oct 07, 2008.
What does LxSix do?
LxSix was established in 2001 within the United States. Leadership is provided by Co-Founder and CEO Jacques Legare. The companys domain, lxsix.com, supports its online presence. Operations are centered in the US, though specific industry, services, or detailed activities remain undisclosed in available records. Further details on sector involvement or expansions are not specified.
Who are LxSix's investors?
LxSix has 5 investors. Key investors include Desjardins, Weatherford, Fonds de solidarite FTQ, SQFive Intelligent Oilfield Solutions, and Lothian Partners.