About Xano
Xano is a company based in Los Angeles (United States) founded in 2014 by Prakash Chandran, Sean Montgomery, and Jacques Antikadjian. It operates as a SaaS (Software-as-a-Service), and Freemium. Xano has raised $15.4 million across 3 funding rounds from investors including MHS Capital and Engineering Capital. Xano has completed 1 acquisition, including Lasertech. Xano offers products and services including No-Code API Builder, Flexible Database, and Scalable Server. Xano operates in a competitive market with competitors including Supabase, WaveMaker, MobileForce Software, Prisma and Convex, among others.
- Headquarter Los Angeles, United States
- Founders Prakash Chandran, Sean Montgomery, Jacques Antikadjian
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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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- Legal Name Xano, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.4 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series A
Oct 12, 2023
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Investors
MHS Capital
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Xano
Xano offers a comprehensive portfolio of products and services, including No-Code API Builder, Flexible Database, and Scalable Server. 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.
APIs are built visually without coding expertise required.
Data is stored securely with no record limits.
Servers are scaled automatically using Docker and Kubernetes.
Unlock access to complete
Funding Insights of Xano
Xano has successfully raised a total of $15.4M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in October 2023. 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 3
- Last Round Series A — $10.0M
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First Round
First Round
(02 Sep 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - Xano | Valuation |
investors |
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| Nov, 2022 | Amount | Series A - Xano | Valuation | MHS Capital , Engineering Capital |
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| Sep, 2020 | Amount | Seed - Xano | Valuation |
investors |
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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 Xano
Xano has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include MHS Capital and Engineering 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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Venture capital is invested in US startups by MHS Capital.
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Founded Year | Domain | Location | |
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Seed-stage US tech companies are invested in by Engineering Capital.
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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 Xano
Xano has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lasertech. 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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Laser processing services are delivered for industrial applications.
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2000 |
| 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 - Xano
| 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 |
Xano Comparisons
Competitors of Xano
Xano 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 Supabase, WaveMaker, MobileForce Software, Prisma and Convex, 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 |
Cloud based open-source application backend development platform
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| domain | founded_year | HQ Location |
Web and mobile applications are developed without coding via AI.
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| domain | founded_year | HQ Location |
Cloud-based CRM optimization and enterprise mobility solutions are delivered.
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| domain | founded_year | HQ Location |
GraphQL-based backend platform is used to build scalable applications.
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| domain | founded_year | HQ Location |
Convex is recognized as a backend platform for real-time app synchronization.
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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 Xano
Frequently Asked Questions about Xano
When was Xano founded?
Xano was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is Xano located?
Xano is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Xano?
Prakash Chandran is the current CEO of Xano. They have also founded this company.
Is Xano a funded company?
Xano is a funded company, having raised a total of $15.4M across 3 funding rounds to date. The company's 1st funding round was a Seed of $403.62K, raised on Sep 02, 2020.
What does Xano do?
Xano is utilized as a no-code backend development platform, enabling users to build APIs, manage databases, and create workflows without coding. It serves sectors like education, data transformation, and enterprise solutions. The platform is designed to connect with various front-end tools and external APIs, offering scalability through Docker and Kubernetes. Security and compliance are prioritized with encrypted data storage and adherence to industry standards. Solutions are provided for no-code developers, traditional developers, and development agencies seeking visual development tools.
Who are the top competitors of Xano?
Xano's top competitors include Supabase, Microshare and Prisma.
What products or services does Xano offer?
Xano offers No-Code API Builder, Flexible Database, and Scalable Server.
How many acquisitions has Xano made?
Xano has made 1 acquisition, including Lasertech.
Who are Xano's investors?
Xano has 2 investors. Key investors include MHS Capital, and Engineering Capital.
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