Xello

Toronto, Canada Founded: 1997 • Age: 29 yrs
Provider of an online platform for developing technical and soft skills in students
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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
  • Sectors
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Funding Insights of Xello

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2020 Amount Private Equity Round - Xello Valuation Canadian Business Growth Fund
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Growth capital investments are made by this private equity firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Career guidance solutions are delivered via a web-based platform.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Xello

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Xello Comparisons

Employees
+
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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
domain founded_year HQ Location
Cloud-based K-12 assessments in reading, math, and writing are delivered.
domain founded_year HQ Location
Assessment and data solutions are developed for K-12 education.
domain founded_year HQ Location
AI-powered quiz application for educational engagement is provided.
domain founded_year HQ Location
Adaptive learning management system is provided for schools.
domain founded_year HQ Location
Assessment and data quality solutions are offered for K-12 schools.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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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