About XetData
XetData is a company based in Seattle (United States) founded in 2021 was acquired by Hugging Face in August 2024.. XetData has raised $7.5 million across 1 funding round from investors including Hugging Face and Madrona. XetData offers products and services including XetHub Platform and XetCache. XetData operates in a competitive market with competitors including Nutanix, Hightouch, Talend, Cleo and Software AG, among others.
- Headquarter Seattle, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.5 M (USD)
in 1 rounds
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Latest Funding Round
$7.5 M (USD), Seed
Jan 09, 2023
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Investors
Hugging Face
& 1 more
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Employee Count
Employee Count
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Acquired by
Hugging Face
(Aug 08, 2024)
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Products & Services of XetData
XetData offers a comprehensive portfolio of products and services, including XetHub Platform and XetCache. 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.
Backend for ML team collaboration and data management.
Caches Jupyter Notebook cells for performance enhancement.
Funding Insights of XetData
XetData has successfully raised a total of $7.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.5 million completed in January 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 Funding
- Total Rounds 1
- Last Round Seed — $7.5M
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First Round
First Round
(09 Jan 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - XetData | Valuation | Madrona Venture Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in XetData
XetData has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Hugging Face and Madrona. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Founded Year | Domain | Location | |
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A platform for the AI community to collaborate and build.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by XetData
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - XetData
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xetdata Comparisons
Competitors of XetData
XetData 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 Nutanix, Hightouch, Talend, Cleo and Software AG, 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 |
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| domain | founded_year | HQ Location |
AI-powered cloud management software is delivered for enterprises.
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Cloud based data integration and customer data platform
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| domain | founded_year | HQ Location |
Data management platform for integration, quality, and governance is provided.
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| domain | founded_year | HQ Location |
Cleo is recognized for providing supply chain integration solutions.
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| domain | founded_year | HQ Location |
Provider of data integration, application modernization, and digital transformation solutions
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| domain | founded_year | HQ Location |
Data from various sources is integrated using no-code cloud tools.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Xetdata
Frequently Asked Questions about XetData
When was XetData founded?
XetData was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is XetData located?
XetData is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is XetData a funded company?
XetData is a funded company, having raised a total of $7.5M across 1 funding round to date. The company's 1st funding round was a Seed of $7.5M, raised on Jan 09, 2023.
What does XetData do?
XetData was founded in 2021 and is headquartered in Seattle, United States. A cloud-based platform is operated to deliver data intelligence services, including integration and visual analytics. Custom visualizations are generated from data analytics processes. Changes to files, encompassing both data and code, are proposed and reviewed through built-in provenance tracking. Operations focus on the technology sector, supporting analytics workflows.
Who are the top competitors of XetData?
What products or services does XetData offer?
XetData offers XetHub Platform and XetCache.
Who are XetData's investors?
XetData has 2 investors. Key investors include Hugging Face, and Madrona.
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