Xeol

New York, United States Founded: 2023 • Age: 3 yrs Acquired By HeroDevs
Code security solution
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About Xeol

Xeol is a company based in New York (United States) founded in 2023 by Benji Visser and ShiHan Wan was acquired by HeroDevs in February 2025.. Xeol has raised $3.7 million across 2 funding rounds from investors including HeroDevs, Shield Capital and Y Combinator. Xeol offers products and services including XEOL Platform and Early Access Service. Xeol operates in a competitive market with competitors including Ox Security, Bearer, GitGuardian, Legit Security and SCRIBE, among others.

  • Headquarter New York, United States
  • Founders Benji Visser, ShiHan Wan
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Xeol, Inc.
Operational Areas
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.7 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.2 M (USD), Seed

    Nov 21, 2023

  • Investors
    HeroDevs

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    HeroDevs

    (Feb 04, 2025)

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Products & Services of Xeol

Xeol offers a comprehensive portfolio of products and services, including XEOL Platform and Early Access Service. 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

Tool for detecting and fixing end-of-life open source software issues.

Service for staying informed on upcoming end-of-life events.

Funding Insights of Xeol

Xeol has successfully raised a total of $3.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.2 million completed in November 2023. 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 2
  • Last Round Seed — $3.2M
  • First Round

    (24 Jul 2023)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2023 Amount Seed - Xeol Valuation Shield Capital
Jul, 2023 Amount Seed - Xeol Valuation

investors

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 Xeol

Xeol has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include HeroDevs, Shield Capital and Y Combinator. 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
Shield Capital is focused on investing in early-stage technology companies.
Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Venture capital funding is provided to early-stage startups from Berlin.
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 Xeol

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

Financial Statements - Xeol

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

Xeol Comparisons

Employees
+
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Competitors of Xeol

Xeol 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 Ox Security, Bearer, GitGuardian, Legit Security and SCRIBE, 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
Offering endpoint security solution via vulnerability assessment
domain founded_year HQ Location
Cloud data security solutions are offered for developer workflows.
domain founded_year HQ Location
Cloud-based security solutions for source code are offered.
domain founded_year HQ Location
Application security solutions are provided via a cloud-based platform.
domain founded_year HQ Location
Cloud-based code security solutions are offered by SCRIBE.
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 Xeol

Frequently Asked Questions about Xeol

When was Xeol founded?

Xeol was founded in 2023.

Where is Xeol located?

Xeol is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Xeol?

ShiHan Wan is the current CEO of Xeol. They have also founded this company.

Is Xeol a funded company?

Xeol is a funded company, having raised a total of $3.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jul 24, 2023.

What does Xeol do?

Code security solution. It is a software supply chain management tool that helps secure users code while it is in the repository. It generate SBOMs and software bills of materials from images and map out software supply chain dependencies using a graph database.

Who are the top competitors of Xeol?

Xeol's top competitors include Ox Security, SCRIBE and GitGuardian.

What products or services does Xeol offer?

Xeol offers XEOL Platform and Early Access Service.

Who are Xeol's investors?

Xeol has 4 investors. Key investors include HeroDevs, Shield Capital, Y Combinator, and 468 Capital.

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