About X Tag
X Tag is a company based in London (United Kingdom) founded in 2014 by Stephen Ullathorne, Emre Kazan, and Cem Savas was acquired by Plentific in November 2020.. X Tag has raised $24.39 million across 1 funding round from investors including Plentific and Waterland. The company has 225 employees as of December 31, 2021. X Tag has completed 1 acquisition, including Morgan Lambert. X Tag offers products and services including Gas Tag, Fire Door, and Property Services. X Tag operates in a competitive market with competitors including 56 Secure, Torq, Noggin, AxxonSoft and CriticalArc, among others.
- Headquarter London, United Kingdom
- Employees 225 as on 31 Dec, 2021
- Founders Stephen Ullathorne, Emre Kazan, Cem Savas
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Sectors
Industrial Goods & ManufacturingBusiness Services Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Plentific Ltd
- Date of Incorporation 31 Oct, 2012
- Jurisdiction LONDON, ENGLAND
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Products & Services of X Tag
X Tag offers a comprehensive portfolio of products and services, including Gas Tag, Fire Door, and Property Services. 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.
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 Total Funding
- Total Rounds 1
- Last Round Series B — $24.4M
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First Round
First Round
(15 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Series B - X Tag | Valuation | Waterland |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. 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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SaaS solutions for property maintenance and repair management are provided.
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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 X Tag
X Tag has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Morgan Lambert. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Management consulting services are provided from York, United Kingdom.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - X Tag
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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X Tag Comparisons
Competitors of X Tag
X Tag 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 56 Secure, Torq, Noggin, AxxonSoft and CriticalArc, 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 |
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| domain | founded_year | HQ Location |
Provider of integrated security solutions for homes, businesses, and events
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| domain | founded_year | HQ Location |
Security operations are enhanced through AI-driven hyperautomation solutions.
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| domain | founded_year | HQ Location |
Provider of converged security and information management systems
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| domain | founded_year | HQ Location |
Offers integration software for surveillance and security systems.
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| domain | founded_year | HQ Location |
Cloud-based solution to track, control & orchestrate physical incident response
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 X Tag
Frequently Asked Questions about X Tag
When was X Tag founded?
X Tag was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is X Tag located?
X Tag is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of X Tag?
Cem Savas is the current CEO of X Tag. They have also founded this company.
Is X Tag a funded 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 15, 2018.
How many employees does X Tag have?
As of Dec 31, 2021, the latest employee count at X Tag is 225.
What does X Tag do?
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.
What products or services does X Tag offer?
X Tag offers Gas Tag, Fire Door, and Property Services.
How many acquisitions has X Tag made?
X Tag has made 1 acquisition, including Morgan Lambert.
Who are X Tag's investors?
X Tag has 2 investors. Key investors include Plentific, and Waterland.
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