About Xevo
Xevo is a Transportation, Automotive & Logistics company based in Bellevue (United States) founded in 2000, and was acquired by Lear Corporation in April 2019. Connected device software solutions are delivered for consumer markets. Xevo has raised $36.21 million across 6 funding rounds from investors including SQUARE ENIX, Sumitomo Mitsui Banking Corporation and ITOCHU. The company has 258 employees. Xevo has completed 1 acquisition, including Surround.io. Its focus areas include Connected Vehicles, In Vehicle Infotainment, Multimedia Software and Auto Tech. Its legal entity is UIEVOLUTION, INC. Its competitors include Gracenote, Hughes Systique and Livio Radio; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 2000 and based in Bellevue, United States, Xevo specializes in cloud-based software for integrating smartphones with embedded devices across automotive, cruise, hospitality, and retail sectors. Infotainment and enterprise services are supplied to OEMs and suppliers such as Toyota, Lexus, Clarion, and DENSO. The company was acquired by Square Enix in 2004 for 58 million and operated independently after a 2007 spin-off.
- Headquarters Bellevue, United States
- Employees 258
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website xevo.com
- Social LinkedIn X Facebook
- Acquired by Lear Corporation (Apr 2019)
- Legal Name Uievolution, Inc.
- Total Equity Funding$36.21M (USD)
in 6 rounds
- Latest Funding Round$10.21M (USD), Series E
Jan 2016
- InvestorsSQUARE ENIX
& 7 more
- Employee Count258
- Investments & Acquisitions
- Acquired byLear Corporation
(Apr 2019)
Funding Insights of Xevo
Xevo has successfully raised a total of $36.21M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $10.21 million completed in January 2016. 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 $36.21M
- Total Rounds 6
- Last Round Series E — $10.21M
- First Round $6M
(Jan 2004)
- Investors Count 7
All 6 funding rounds of Xevo 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 |
|---|---|---|---|---|---|
| Jan 2016 | $10.21M | Series E | – | – | |
| Dec 2013 | $8M | Series D | – | Intel Capital | – |
| Dec 2012 | $5M | Series D | – | – | – |
| Apr 2011 | $2M | Series C | – | – | |
| Sep 2008 | $5M | Series C | – | – | |
| Jan 2004 | $6M | Series B | – | – |
8 investors in total: 8 institutional.
Investors in Xevo
Xevo has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include SQUARE ENIX, Sumitomo Mitsui Banking Corporation and ITOCHU.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America | mmvf.com | Toronto, Canada | ||
Toyota Motor Corporation is engaged in automotive manufacturing and mobility solutions. | toyota-global.com | Toyota, Japan | ||
Digital subsidiaries bank offering online banking services | 1876 | smbc.co.jp | Chiyoda City, Japan | |
Diversified trading and procurement solutions are offered across multiple sectors. | 1858 | itochu.co.jp | Tokyo, Japan | |
Video game developer and publisher specializing in MMORPG games | 1975 | square-enix.com | Tokyo, Japan | |
Ignition Partners is engaged in venture capital for enterprise software. | ignitionpartners.com | Los Altos, United States | ||
Major automotive components are manufactured and supplied globally. | 1917 | lear.com | Southfield, United States |
Investor details for Xevo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of Xevo
9 people are tracked at Xevo (3 in leadership, 6 in team); the tracked headcount is 258.
| Name | Role | Group |
|---|---|---|
Hussein Zaarour | Director, Automotive Business Development | Leadership |
Dan Gittleman | Chief Executive Officer | Leadership |
Bob Welland | Chief Architect, AI Group | Leadership |
Terry Zajic | Sr. Product Manager | Team |
Lauren Smith | Technical Program Manager | Team |
Biplab Meher | Sde, Principal | Team |
Heather Russell | Unknown Role | Team |
Robin Franko | Sr. Program Manager At Xevo | Team |
Will Laslop | Technical Program & Product Management | Team |
Complete people profiles for Xevo
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Investments & Acquisitions by Xevo
Xevo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Surround.io.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Smart connected cameras are networked using machine learning and AI. | surround.io | Seattle, United States | 2014 | Dec 2016 | •••• |
Complete acquisition details for Xevo
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Xevo
5 dated milestones of Xevo across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Xevo is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series E, of $10.2M.
- Acquisition Acquires Surround.io.
- Exit Acquired by Lear Corporation.
Competitors of Xevo
Xevo has 3 listed competitors in our database, 2 of them funded. They include Gracenote, Hughes Systique and Livio Radio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gracenote.com | 1993 | Emeryville, United States | $50.99M | 248 | Digital media recognition solutions are provided for content management. | |
| hsc.com | 2005 | Rockville, United States | 846 | Offers technology consulting, engineering, and managed services to enterprises. | ||
| livioradio.com | 2008 | Ferndale, United States | $5.18M | Designer and manufacturer of audio products primarily for cars |
Detailed competitors of Xevo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Xevo
The website of Xevo (xevo.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 80.3% vs previous month
Websites whose visitors overlap most with Xevo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
google.co.jp | google.co.jp | 100% | #106 | – |
Top companies in Automotive Technology & Systems
3 companies that operate in the same segment as Xevo (Automotive Technology & Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | 834 |
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Related news about Xevo
Complete news archive for Xevo
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Frequently Asked Questions about Xevo
Xevo was founded in 2000 and raised its 1st funding round 4 years after it was founded.
Xevo is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Xevo is a funded company, having raised a total of $36.21M across 6 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Jan 2004.
Xevo has 258 employees.
Founded in 2000 and based in Bellevue, United States, Xevo specializes in cloud-based software for integrating smartphones with embedded devices across automotive, cruise, hospitality, and retail sectors. Infotainment and enterprise services are supplied to OEMs and suppliers such as Toyota, Lexus, Clarion, and DENSO. The company was acquired by Square Enix in 2004 for 58 million and operated independently after a 2007 spin-off.
Xevo's top competitors include Gracenote, Livio Radio and Hughes Systique.
Xevo has made 1 acquisition, including Surround.io.
Xevo has 8 investors. Key investors include SQUARE ENIX, Sumitomo Mitsui Banking Corporation, ITOCHU, Lear Corporation, and Toyota.
Xevo operates through Uievolution, Inc..
Yes. Xevo was acquired by Lear Corporation in April 2019.