About XGen
XGen is a company based in Tampa (United States) founded in 2017 by Jason Clements.. XGen has raised $7.5 million across 1 funding round from investors including Florida Funders. XGen operates in a competitive market with competitors including Nosto, Monetate, Halla, Findmine and Certona, among others.
- Headquarter Tampa, United States
- Founders Jason Clements
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Xgenesis Inc
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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
Mar 29, 2021
- Investors
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Employee Count
Employee Count
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Funding Insights of XGen
XGen 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 March 2021. 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
(29 Mar 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - XGen | Valuation | Florida Funders |
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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 XGen
XGen has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Florida Funders. 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 investments are provided to early-stage tech startups.
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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 XGen
| 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 - XGen
| 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 |
Xgen Comparisons
Competitors of XGen
XGen 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 Nosto, Monetate, Halla, Findmine and Certona, 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 |
Personalized product recommendations are delivered via SaaS to online retailers.
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| domain | founded_year | HQ Location |
Personalized solutions for businesses are delivered via an end-to-end platform.
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| domain | founded_year | HQ Location |
Personalized food recommendations are provided to grocery shoppers.
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| domain | founded_year | HQ Location |
Product recommendations are delivered to website buyers through SaaS.
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| domain | founded_year | HQ Location |
Real-time omnichannel personalization is delivered for retailers.
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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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| domain | founded_year | HQ Location |
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 Xgen
Frequently Asked Questions about XGen
When was XGen founded?
XGen was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is XGen located?
XGen is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Is XGen a funded company?
XGen 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 Mar 29, 2021.
What does XGen do?
XGen was founded in 2017 and is headquartered in Tampa, United States. The company operates in the AI sector, delivering a platform for product recommendation personalization. Automated curation through artificial intelligence is utilized to analyze user interactions and predict behavioral patterns. Relevant items are recommended to enhance site engagement. Integration is supported with e-commerce platforms such as Shopify and WooCommerce.
Who are XGen's investors?
XGen has 1 investor. Key investors include Florida Funders.
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