About Xello
Xello is a company based in Toronto (Canada) founded in 1997 by Matt McQuillen.. Xello has completed 1 acquisition, including Awato. Xello operates in a competitive market with competitors including Renaissance, MasteryConnect, TagHive, Geekie and Certica Solutions, among others.
- Headquarter Toronto, Canada
- Founders Matt McQuillen
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Sectors
Education
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Xello
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2020 | Amount | Private Equity Round - Xello | Valuation | Canadian Business Growth Fund |
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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 |
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 Xello
Xello has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Canadian Business Growth Fund. 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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Growth capital investments are made by this private equity firm.
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Xello
Xello has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Awato. 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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Career guidance solutions are delivered via a web-based platform.
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2015 |
| 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 - Xello
| 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 |
Xello Comparisons
Competitors of Xello
Xello 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 Renaissance, MasteryConnect, TagHive, Geekie and Certica Solutions, 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 |
Cloud-based K-12 assessments in reading, math, and writing are delivered.
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| domain | founded_year | HQ Location |
Assessment and data solutions are developed for K-12 education.
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| domain | founded_year | HQ Location |
AI-powered quiz application for educational engagement is provided.
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| domain | founded_year | HQ Location |
Adaptive learning management system is provided for schools.
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| domain | founded_year | HQ Location |
Assessment and data quality solutions are offered for K-12 schools.
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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 Xello
Frequently Asked Questions about Xello
When was Xello founded?
Xello was founded in 1997 and raised its 1st funding round 23 years after it was founded.
Where is Xello located?
Xello is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Xello?
Matt McQuillen is the current CEO of Xello. They have also founded this company.
What does Xello do?
Xello was founded in 1997 in Toronto, Canada, as an edtech company. An online platform is offered to students for creating profiles, learning college- and job-related skills, and using self-assessment tools and personalized portfolios. Educators are provided with data reports, communication features, and course management capabilities. Student data reporting is also included to support skill development in technical and soft areas.
Who are the top competitors of Xello?
Xello's top competitors include Renaissance, MasteryConnect and MetaMetrics.
How many acquisitions has Xello made?
Xello has made 1 acquisition, including Awato.
Who are Xello's investors?
Xello has 1 investor. Key investors include Canadian Business Growth Fund.
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