About Xendee
Xendee is a company based in San Diego (United States) founded in 2012 by Scott Mitchell and Adib Nasle. Xendee has raised $20 million across 2 funding rounds from investors including TravelCenters of America, Anzu Partners and Evergy Ventures. Xendee offers products and services including DISCOVER API, PROPOSE, DESIGN, OPERATE, and MOBILITY MODELING SERVICES. Xendee operates in a competitive market with competitors including CleanSpark, Go Electric, QPV, Frequenz and Brightmerge, among others.
- Headquarter San Diego, United States
- Founders Scott Mitchell, Adib Nasle
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Jun 15, 2022
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Investors
TravelCenters of America
& 3 more
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Employee Count
Not available
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Products & Services of Xendee
Xendee offers a comprehensive portfolio of products and services, including DISCOVER API, PROPOSE, DESIGN, OPERATE, and MOBILITY MODELING SERVICES.
Identifies optimal DER sites using portfolio data.
Generates catalog-driven proposals for projects.
Simulates power flow and financial constraints.
AI-powered controller for microgrid efficiency.
Provides modeling for EV and energy projects.
People of Xendee
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Funding Insights of Xendee
Xendee has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in June 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.
Investors in Xendee
Xendee has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include TravelCenters of America, Anzu Partners and Evergy Ventures.
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Investment services are offered to support innovative entrepreneurs.
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TravelCenters of America is operated as a network of truck stops and service centers across the USA.
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Investor details for Xendee
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Investments & Acquisitions by Xendee
Investment portfolio details for Xendee
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Financial Statements - Xendee
Detailed financials for Xendee
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Xendee Comparisons
Peer comparison for Xendee
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Competitors of Xendee
Xendee 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 CleanSpark, Go Electric, QPV, Frequenz and Brightmerge, among others.
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Microgrid optimizer software solutions are provided for energy management.
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Microgrid management systems and uninterruptible power solutions are developed.
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Solar energy consultancy and engineering services are provided.
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Grid management solutions are delivered via an AI-based platform.
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Offering a SaaS platform for economic optimizing of renewable energy microgrids
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Detailed competitors of Xendee
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Latest news on Xendee
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Frequently Asked Questions about Xendee
Xendee was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Xendee is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Adib Nasle is the current CEO of Xendee. They have also founded this company.
Xendee is a funded company, having raised a total of $20M across 2 funding rounds to date.
Xendee was founded in 2012 in San Diego, United States, within the energy sector. Engineering and management platforms have been developed to support single-line diagram creation, data handling, error detection, automation scripting, analytics, and report generation. An online platform is used by power engineers to design and analyze electrical distribution networks, facilitating smart grid operations.
Xendee's top competitors include CleanSpark, HOMER Energy and QPV.
Xendee offers DISCOVER API, PROPOSE, DESIGN, OPERATE, and MOBILITY MODELING SERVICES.
Xendee has 4 investors. Key investors include TravelCenters of America, Anzu Partners, Evergy Ventures, and Surlamer Investments.