About Xero
Xero is a publicly listed company based in Wellington (New Zealand) founded in 2006. Cloud-based accounting and payment management is offered for small businesses. The company has 4,610 employees. Xero has completed 11 acquisitions, including Hubdoc, Instafile and LOCATE. Its chief executive, as recorded, is Steve Vamos. Its website xero.com draws about 33.4 million monthly visits. Xero offers products and services including Xero Accounting Software, Invoicing Tool, and Payroll Management. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its legal entity in India is Xero Software Solutions (India) Private Limited (U72900TG2022FTC167665).
Company details
Xero was founded in 2006 in Wellington, New Zealand, as a provider of cloud-based accounting software targeted at small and medium-sized businesses. Operations focus on tools for invoicing, accounts payable, expense tracking, asset management, purchase orders, financial reporting, and bank reconciliation. Specialized features like cashbook and ledger are included for accountants. A mobile application is supported on Android and iOS devices.
Associated legal entities of Xero
Xero operates through Xero Software Solutions (India) Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xero Software Solutions (India) Private Limited CIN U72900TG2022FTC167665 | Under Liquidation | 19 Oct 2022 | Hyderabad, Telangana | 2 | View details |
Products & Services of Xero
Xero offers a comprehensive portfolio of products and services, including Xero Accounting Software, Invoicing Tool, and Payroll Management.
Cloud-based tool for real-time financial management and invoicing.
Feature for creating and sending online invoices quickly.
System to handle employee payroll and tax calculations efficiently.
Apps and channels of Xero
Xero publishes 1 mobile app with over 1M+ downloads; its YouTube channel Xero Accounting Software has 106K subscribers and 30 videos.
Videos from Xero
The most watched videos on Xero's YouTube channel, Xero Accounting Software (106K subscribers). Click a video to play it here.
More on Xero Accounting Software.
Funding Insights of Xero
- Total Rounds 7
- Last Round Post-IPO — $26.4M
- First Round $13.6M
(Apr 2009)
- Investors Count 4
All 7 funding rounds of Xero with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2017 | $26.4M | Post-IPO | – | – | |
| Mar 2015 | $110.77M | Post-IPO | – | – | |
| Oct 2013 | $150M | Post-IPO | – | – | |
| Nov 2012 | $49M | Post-IPO | – | – | |
| Feb 2012 | $16.6M | Post-IPO | – | – | – |
| Oct 2010 | $3M | Post-IPO | – | – | – |
| Apr 2009 | $13.6M | Post-IPO | – | – | – |
4 investors in total: 4 institutional.
Investors in Xero
Xero has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Accel, TCV and Matrix.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in global technology companies by TCV. | tcv.com | Menlo Park, United States | ||
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Early-stage ventures are funded by the investment firm. | matrix.vc | San Francisco, United States | ||
Global investments in tech sectors are conducted by Valar Ventures. | valar.com | New York, United States |
Investor details for Xero
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Xero Software Solutions (India) Private Limited (Xero)
Xero Software Solutions (India) Private Limited is the primary company behind Xero. The board of Xero Software Solutions (India) Private Limited currently have 2 directors; the longest-serving is Kumar Krishnan Iyer, appointed in 2022. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kumar Krishnan Iyer DIN 00034834 | Director | 19 Oct 2022 | 4 yrs | Xero Software Solutions (India) Private Limited |
| Rebecca Jane Small DIN 10876378 | Director | 19 Dec 2024 | 1 yr 10 mo | Xero Software Solutions (India) Private Limited |
People of Xero
973 people are tracked at Xero (231 in leadership, 7 in board & advisors, 735 in team); the tracked headcount is 4,610.
| Name | Role | Group |
|---|---|---|
Steve Vamos | CEO | Leadership |
Craig Winkler | Leadership | |
Josh Bloom | Manager, Partner Consulting | Leadership |
Rob Maher | Executive General Manager | Leadership |
Darragh McCarthy | Head Of Engineering - Ecosystem + Identity & Authorisation | Leadership |
Rosemarie Santorelli | Art Director | Leadership |
Candice Jones | Head Of Product Marketing – Operations | Leadership |
Sorabh Arya | Partner Development Team Lead | Leadership |
David Morice | General Manager Finance | Leadership |
Amy Nguyen | Global Head Of Partner Marketing, AMER | Leadership |
Sarah Foo Fca | Head Of Sales - Asia | Leadership |
Arti Rathod | Senior Finance Business Partner | Leadership |
Hana Ball | Global Partner Acquisition Marketing Manager | Leadership |
Ryn Going | General Manager Planning Operations - Product & Technology | Leadership |
Nicola Monera | People Experience Business Partner | Leadership |
James Erskine | Global Head Of M&a Value Creation & Integration (gm/vp) | Leadership |
Matt Mahoney | Head Of Engineering | Leadership |
Lianne Gatti | Sales Director UK | Leadership |
Jarrod Randall | Enterprise Partner Consultant | Leadership |
Tejal Ranchodbhai | People Experience Business Partner | Leadership |
953 more people are available in the full profile.
Complete people profiles for Xero
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Xero
Xero is a publicly listed company on the ASX with ticker symbol XRO in Australia, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Nov 2012
- Listed onASX: XRO
- Listed entityXERO LIMITED
- Exchange sectorTechnology services
- ISINNZXROE0001S2
- Share price59.53 AUD (-0.3% on the day) · 2026-10-14
- Market capitalisation10,187,829,996.00 AUD
- Price to earnings64.2
- EPS (diluted, trailing year)0.93 AUD
- Volume (last session)793,428
Financials of Xero
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 2.45B AUD | 148.8M AUD | 669.3M AUD |
| 2024 | 1.91B AUD | 207.4M AUD | 587.5M AUD |
| 2023 | 1.59B AUD | 161.9M AUD | 483.4M AUD |
| 2022 | 1.28B AUD | -103.5M AUD | 277.6M AUD |
| 2021 | 1.03B AUD | -8.6M AUD | 194.4M AUD |
Balance sheet, profit and loss, cash flow and ratios of Xero Software Solutions (India) Private Limited are on its company page.
Detailed financial statements for Xero
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Xero
Xero has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Hubdoc, Instafile and LOCATE.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Vendor payments are managed through accounts payable solutions. | meliopayments.com | New York, United States | 2018 | Jun 2025 | $2.5B | |
Cloud-based financial reporting and analytics software is offered for businesses. | syftanalytics.com | Newark, United States | 2016 | Sep 2024 | $70M | |
Cloud-based tax software is offered for accountants and professionals. | taxcycle.com | Calgary, Canada | 2010 | Dec 2021 | $58.54M | |
Cloud-based inventory management is provided for online businesses. | locateinv.com | Long Beach, United States | 2015 | Nov 2021 | $19M | |
Cloud services for B2B processes and Java integration are provided. | tickstar.com | Stockholm, Sweden | 2007 | Mar 2021 | $7.01M | |
Workforce scheduling and HR solutions are provided for staffing optimization. | planday.com | Copenhagen, Denmark | 2004 | Mar 2021 | $221.57M | |
Invoice financing is provided through an online platform for businesses. | waddle.com.au | Surry Hills, Australia | 2015 | Aug 2020 | $22.24M | |
Tax management solutions for businesses | instafile.co.uk | London, United Kingdom | 2016 | Nov 2018 | •••• | |
Financial documents are automated and managed for accountants and businesses. | hubdoc.com | Toronto, Canada | 2011 | Jul 2018 | $70M | |
Cloud-based accounting and payroll solutions are offered to SMBs. | monchilla.com | Woodinville, United States | 2010 | Nov 2014 | $4.13M |
Complete acquisition details for Xero
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Xero
14 dated milestones of Xero across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Xero is founded.
- Funding First funding round of $13.6M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Monchilla.
- Funding Latest funding round, Post-IPO, of $26.4M.
- Acquisition Acquires Hubdoc.
- Acquisition Acquires Instafile.
- Acquisition Acquires Waddle.
- Acquisition Acquires Planday.
- Acquisition Acquires Tickstar.
- Acquisition Acquires LOCATE.
- Acquisition Acquires TaxCycle.
- Acquisition Acquires Syft Analytics.
- Acquisition Acquires Melio Payments.
Web traffic of Xero
The website of Xero (xero.com) receives about 33.4M visits a month and ranks #772 among all websites worldwide, #163 in Programming and Developer Software.
- Monthly visits33.4M
▲ 12.5% vs previous month
- Unique visitors4.1M
per month
- Global rank#772
among all websites
- Category rank#163
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate20%
- Pages per visit17.8
- Average visit14 min 52 sec
- DevicesDesktop 86% · Mobile 14%
Websites whose visitors overlap most with Xero. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| freshbooks.com | 100% | 2.7M | #16,539 | View details | |
| trello.com | 91% | 77.5M | #491 | View details | |
freeagentcentral.com | freeagentcentral.com | 90% | #499,333 | – | |
| zoho.com | 84% | #415 | View details | ||
icloud.com | icloud.com | 83% | #235 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Xero
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Xero
Complete news archive for Xero
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Xero
Xero was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Xero is headquartered in Wellington, New Zealand.
Steve Vamos is the CEO of Xero, as recorded in our data.
Xero has 4,610 employees.
Annual revenue of Xero is $1.69B as on Mar 31, 2026.
Xero was founded in 2006 in Wellington, New Zealand, as a provider of cloud-based accounting software targeted at small and medium-sized businesses. Operations focus on tools for invoicing, accounts payable, expense tracking, asset management, purchase orders, financial reporting, and bank reconciliation. Specialized features like cashbook and ledger are included for accountants. A mobile application is supported on Android and iOS devices.
Xero offers Xero Accounting Software, Invoicing Tool, and Payroll Management.
Yes, Xero is publicly traded on ASX under the ticker symbol XRO.
Xero has 4 investors. Key investors include Accel, TCV, Matrix, and Valar Ventures.
Xero operates through Xero Software Solutions (India) Private Limited.
The legal entities of Xero currently have 2 directors, including Kumar Krishnan Iyer, Rebecca Jane Small.