About XDAO
XDAO is a company based in Moscow (Russia) founded in 2021 by Egor Gavrilov and Zurab Shavlidze.. XDAO has raised $2.3 million across 1 funding round from investors including Polygon, Optimism and Tron. XDAO offers products and services including Create DAO, Swap, Bridge, and Vesting. XDAO operates in a competitive market with competitors including Superdao, Kali, Clarity and DeCir, among others.
- Headquarter Moscow, Russia
- Founders Egor Gavrilov, Zurab Shavlidze
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xgroup Global Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.3 M (USD)
in 1 rounds
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Latest Funding Round
$2.3 M (USD), Seed
Nov 25, 2022
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Investors
Polygon
& 13 more
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Employee Count
Employee Count
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Products & Services of XDAO
XDAO offers a comprehensive portfolio of products and services, including Create DAO, Swap, Bridge, and Vesting. 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.
Tool for building decentralized autonomous organizations
Service for exchanging assets across blockchains
Platform for transferring assets between chains
Feature for scheduled release of vested assets
Funding Insights of XDAO
XDAO has successfully raised a total of $2.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.3 million completed in November 2022. 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 Seed — $2.3M
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First Round
First Round
(25 Nov 2022)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Seed - XDAO | Valuation | Polygon , TRON |
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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 XDAO
XDAO has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Polygon, Optimism and Tron. 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 firm focused on digital assets and web3
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Founded Year | Domain | Location | |
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Venture capital firm investing in web3 technology startups
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Founded Year | Domain | Location | |
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Scalable blockchain interoperability protocols are developed for enhanced network security.
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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 XDAO
| 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 - XDAO
| 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 |
Xdao Comparisons
Competitors of XDAO
XDAO 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 Superdao, Kali, Clarity and DeCir, 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 |
A blockchain platform is provided for decentralized autonomous organization management.
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| domain | founded_year | HQ Location |
No-code platform is utilized for DAO creation and structure launches.
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| domain | founded_year | HQ Location |
AI-based deepfake detection is provided for business workflows.
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| domain | founded_year | HQ Location |
Operates a digital hub for low-code DAO creation and NFT collection management.
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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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Frequently Asked Questions about XDAO
When was XDAO founded?
XDAO was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is XDAO located?
XDAO is headquartered in Moscow, Russia.
Is XDAO a funded company?
XDAO is a funded company, having raised a total of $2.3M across 1 funding round to date. The company's 1st funding round was a Seed of $2.3M, raised on Nov 25, 2022.
What does XDAO do?
XDAO was founded in 2021 in Moscow, Russia, within the blockchain sector. A platform is offered for the creation and management of decentralized autonomous organizations. These DAOs are applied to trust management, venture investments, hedge funds, gaming guilds, NFT funds, project money management, and charity initiatives. Services support decentralized governance across various financial and community applications.
What products or services does XDAO offer?
XDAO offers Create DAO, Swap, Bridge, and Vesting.
Who are XDAO's investors?
What is XDAO's valuation?
The valuation of XDAO is $50M as of Nov 2022.