Xeneta

Oslo, Norway Founded: 2012 • Age: 14 yrs
Provider of a freight rate market management platform
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About Xeneta

Xeneta is a company based in Oslo (Norway) founded in 2012 by Patrik Berglund.. Xeneta has raised $135.6 million across 7 funding rounds from investors including Apax Partners, Lugard Road Capital and Creandum. Xeneta has completed 2 acquisitions, including CLIVE and eeSea. Xeneta offers products and services including Ocean Intelligence, Ocean Analytics, Air Intelligence, and Air Freight Advanced. Xeneta operates in a competitive market with competitors including FreightWaves, Portcast, Cargofive, VesselsValue and WebCargo, among others.

  • Headquarter Oslo, Norway
  • Founders Patrik Berglund
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Xeneta As
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $135.6 M (USD)

    in 7 rounds

  • Latest Funding Round
    $80 M (USD), Series D

    Sep 13, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    CLIVE

    & 1 more

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Products & Services of Xeneta

Xeneta offers a comprehensive portfolio of products and services, including Ocean Intelligence, Ocean Analytics, Air Intelligence, and Air Freight Advanced. 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.

Primary

Monitors ocean freight market and benchmarks positions.

Analyzes freight performance for growth opportunities.

Monitors air freight market and provides insights.

Evaluates performance against airline data for improvements.

People of Xeneta
Headcount 50-200
Employee Profiles 85
Board Members and Advisors 1
Employee Profiles
People
Patrik Berglund
CEO & Co-founder
People
George Thomas
Chief Revenue Officer (cro)
People
Fabio Brocca
Chief Product Officer
People
Erik Devetak
Chief Technology & Data Officer

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Funding Insights of Xeneta

Xeneta has successfully raised a total of $135.6M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $80 million completed in September 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 Rounds 7
  • Last Round Series D — $80.0M
  • First Round

    (11 Apr 2013)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series D - Xeneta Valuation Apax
Jun, 2021 Amount Series C - Xeneta Valuation Creandum , Investinor
Mar, 2019 Amount Series B - Xeneta Valuation Investinor , Alliance Venture
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 Xeneta

Xeneta has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Apax Partners, Lugard Road Capital and Creandum. 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
Equity investments are focused on tech, services, and consumer sectors.
Founded Year Domain Location
Venture capital focused on internet, software, consumer, and technology sectors
Founded Year Domain Location
Venture capital investments and support services are offered to early-stage tech startups.
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 Xeneta

Xeneta has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CLIVE and eeSea. 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
Provides platform for vessel forecasts, benchmarking, and supply chain data analysis.
2015
Web-based air cargo data services are provided for airlines.
2011
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 - Xeneta

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

Xeneta Comparisons

Employees
+
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Competitors of Xeneta

Xeneta 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 FreightWaves, Portcast, Cargofive, VesselsValue and WebCargo, 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
Online platform offering logistics-related news
domain founded_year HQ Location
Predictive supply chain visibility and analytics are provided for logistics.
domain founded_year HQ Location
Cloud based automation and freight rate optimization software for freight forwarders
domain founded_year HQ Location
SaaS-based analytics, tracking, and data for marine vessels are provided.
domain founded_year HQ Location
Provides freight sales management solutions for forwarders, airlines, and ocean liners.
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 Xeneta

Frequently Asked Questions about Xeneta

When was Xeneta founded?

Xeneta was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Xeneta located?

Xeneta is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Who is the current CEO of Xeneta?

Patrik Berglund is the current CEO of Xeneta. They have also founded this company.

Is Xeneta a funded company?

Xeneta is a funded company, having raised a total of $135.6M across 7 funding rounds to date. The company's 1st funding round was a Series B of $8.2M, raised on Apr 11, 2013.

What does Xeneta do?

Xeneta was founded in 2012 in Oslo, Norway, within the logistics sector. A platform for freight rate market management is offered, encompassing ocean and air rate comparisons, supplier negotiations, procurement processes, benchmarking metrics, and market intelligence visualizations. Visibility into competitive freight rates is enabled for freight forwarders, suppliers, shippers, carriers, and buyers. Clients such as Lenovo and LOreal are served through these operations.

Who are the top competitors of Xeneta?

Xeneta's top competitors include FreightWaves, Portcast and Cargofive.

What products or services does Xeneta offer?

Xeneta offers Ocean Intelligence, Ocean Analytics, Air Intelligence, and Air Freight Advanced.

How many acquisitions has Xeneta made?

Xeneta has made 2 acquisitions, including CLIVE, and eeSea.

Who are Xeneta's investors?

Xeneta has 7 investors. Key investors include Apax Partners, Lugard Road Capital, Creandum, Point Nine, and Smedvig Capital.

What is Xeneta's valuation?

The valuation of Xeneta is $265M as of Sep 2022.

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