About X Tag
X Tag is an Industrial Goods & Manufacturing company based in London (United Kingdom) founded in 2014 by Stephen Ullathorne, Emre Kazan, and Cem Savas, and was acquired by Plentific in November 2020. Software for property safety and compliance management is provided. It operates in the Industrial Goods & Manufacturing, Business Services, and Real Estate & Construction sectors. X Tag has raised $24.39 million across 1 funding round from investors including Plentific and Waterland. The company has 225 employees. X Tag has completed 1 acquisition, including Morgan Lambert. Its chief executive, as recorded, is Cem Savas. X Tag offers products and services including Gas Tag, Fire Door, and Property Services. Its focus areas include High Tech, Security & Surveillance Technology, CSIM and Real Estate and Construction Tech. Its legal entity is PLENTIFIC LTD.
Company details
Provider of software to manage safety and compliances in properties. It can capture essential data such as servicing, repairs, and maintenance activities in real-time and store them in the user portal. The product portfolio includes a gas tag, which can manage gas safety compliance a fire door tag, which can monitor manage fire doors of the property services, and tracks all safety and compliance tasks on the property. It provides an application for both android and iOS platforms.
- Headquarters London, United Kingdom
- Employees 225
- Founders Stephen Ullathorne, Emre Kazan, Cem Savas
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingBusiness Services Real Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website xtaggroup.co.uk
- Social LinkedIn X Facebook
- Acquired by Plentific (Nov 2020)
- Legal Name Plentific Ltd
- Date of Incorporation 31 Oct, 2012
- Jurisdiction LONDON, ENGLAND
Products & Services of X Tag
X Tag offers a comprehensive portfolio of products and services, including Gas Tag, Fire Door, and Property Services.
Manages gas safety and compliance through data capture.
Monitors and manages fire door inspections for compliance.
Handles records for property safety and maintenance activities.
Funding Insights of X Tag
X Tag has successfully raised a total of $24.39M through 1 strategic funding round. The most recent funding activity was a Series B round of $24.39 million completed in January 2018. 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 $24.39M
- Total Rounds 1
- Last Round Series B — $24.39M
- First Round $24.39M
(Jan 2018)
- Investors Count 1
All 1 funding rounds of X Tag with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $24.39M | Series B | – | Waterland | – |
2 investors in total: 2 institutional.
Investors in X Tag
X Tag has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Plentific and Waterland.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| waterlandpe.com | ||||
SaaS solutions for property maintenance and repair management are provided. | 2013 | plentific.com | London, United Kingdom |
Investor details for X Tag
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- Round participation
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People of X Tag
3 people are tracked at X Tag (3 in leadership); the tracked headcount is 225.
| Name | Role | Group |
|---|---|---|
Stephen Ullathorne | Co-Founder | Leadership |
Emre Kazan | Co-Founder & CTO | Leadership |
Cem Savas | Co-Founder & CEO | Leadership |
Complete people profiles for X Tag
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Investments & Acquisitions by X Tag
X Tag has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Morgan Lambert.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Management consulting services are provided from York, United Kingdom. | morganlambert.com | York, United Kingdom | 1997 | Jul 2018 | •••• |
Complete acquisition details for X Tag
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of X Tag
4 dated milestones of X Tag across 6 years, from founding to its latest funding, stage changes and deals.
- Founded X Tag is founded.
- Funding First funding round of $24.4M.
- Acquisition Acquires Morgan Lambert.
- Exit Acquired by Plentific.
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Frequently Asked Questions about X Tag
X Tag was founded in 2014 and raised its 1st funding round 4 years after it was founded.
X Tag is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Cem Savas is the CEO of X Tag, as recorded in our data. They have also founded this company.
X Tag is a funded company, having raised a total of $24.39M across 1 funding round to date. The company's 1st funding round was a Series B of $24.39M, raised on Jan 2018.
X Tag has 225 employees.
Provider of software to manage safety and compliances in properties. It can capture essential data such as servicing, repairs, and maintenance activities in real-time and store them in the user portal. The product portfolio includes a gas tag, which can manage gas safety compliance a fire door tag, which can monitor manage fire doors of the property services, and tracks all safety and compliance tasks on the property. It provides an application for both android and iOS platforms.
X Tag offers Gas Tag, Fire Door, and Property Services.
X Tag has made 1 acquisition, including Morgan Lambert.
X Tag has 2 investors. Key investors include Plentific, and Waterland.
X Tag operates through Plentific Ltd.
Yes. X Tag was acquired by Plentific in November 2020.