About XiQ
XiQ is a company based in Avondale Estates (United States) founded in 2016. XiQ has raised $35 thousand across 1 funding round from investors including Boomtown Accelerators. The company has 2 employees. XiQ operates in a competitive market with competitors including APFusion, LEDGlow, Avery Design, CJ Pony Parts and Factory Motor Parts, among others.
- Headquarter Avondale Estates, United States
- Employees 2
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website teamxiq.com
- Social Facebook
- Legal Name Electronixiq, Inc.
- Annual Revenue$105.44 K (USD)46as on Dec 31, 2020
- Net Profit-$30.29 K (USD)52as on Dec 31, 2020
- Total Equity Funding$35K (USD)
in 1 rounds
- Latest Funding Round$35K (USD), Seed
May 2021
- Investors
- Employee Count2
Funding Insights of XiQ
XiQ has successfully raised a total of $35K through 1 strategic funding round. The most recent funding activity was a Seed round of $35 thousand completed in May 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 $35,000
- Total Rounds 1
- Last Round Seed — $35,000
- First Round $35,000
(May 2021)
- Investors Count 1
All 1 funding rounds of XiQ 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 |
|---|---|---|---|---|---|
| May 2021 | $35,000 | Seed | – | Boomtown Accelerators | – |
1 investors in total: 1 institutional.
Investors in XiQ
XiQ has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Boomtown Accelerators.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Business accelerator focused on multiple sectors | – | boomtownaccelerators.com | Boulder, United States |
Investor details for XiQ
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.
People of XiQ
1 people are tracked at XiQ (1 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Karlos Walkes | Co-Founder, CEO | Leadership |
Complete people profiles for XiQ
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of XiQ
2 dated milestones of XiQ across 5 years, from founding to its latest funding, stage changes and deals.
- Founded XiQ is founded.
- Funding First funding round of $35K.
Competitors of XiQ
XiQ 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 APFusion, LEDGlow, Avery Design, CJ Pony Parts and Factory Motor Parts, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| apfusion.com | 2019 | Champaign, United States | $6.5M | – | Automotive aftermarket accessories are manufactured in the United States. | |
| ledunderbody.com | 2005 | West Berlin, United States | – | – | Designs and sells LED lighting kits for cars, trucks, motorcycles, and golf carts online. | |
| avery-design.com | 1999 | Tewksbury, United States | – | 14 | Electronic design automation tools for physical verification are provided. | |
| cjponyparts.com | 1985 | Harrisburg, United States | – | 23 | Vehicle restoration parts are supplied by CJ Pony Parts. | |
| factorymotorparts.com | 1945 | Eagan, United States | – | – | Distributes original equipment and name brand automotive parts to dealerships and fleets. | |
| roarpedal.com | 2019 | Dover, United States | – | – | Develops intelligent throttle response controllers to eliminate vehicle delays. | |
| metalcrafters.com | 1979 | Fountain Valley, United States | $6M | – | Manufacturer and supplier of glazing system to the rail, aviation and automotive industries | |
| carpartsnh.com | 1975 | Plaistow, United States | – | – | Auto parts are manufactured by Carparts in the United States. |
Detailed competitors of XiQ
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.
Similar companies to XiQ
10 companies that operate in the same segment as XiQ (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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Frequently Asked Questions about XiQ
XiQ was founded in 2016 and raised its 1st funding round 5 years after it was founded.
XiQ is headquartered in Avondale Estates, United States. It is registered at Avondale Estates, Georgia, United States.
XiQ is a funded company, having raised a total of $35K across 1 funding round to date. The company's 1st funding round was a Seed of $35K, raised on May 2021.
Annual revenue of XiQ is $105.44K as on Dec 31, 2020.
XiQ was founded in 2016 and is headquartered in Avondale Estates, United States. Automotive electric devices are produced by the company within the manufacturing sector. Operations center on the development and assembly of electrical components for vehicles. The domain teamxiq.com is maintained for business communications and information. Focus remains on standard production processes in the automotive industry, with activities conducted domestically.
XiQ's top competitors include Avery Design, APFusion and Carparts.
XiQ has 1 investor. Key investors include Boomtown Accelerators.
XiQ operates through Electronixiq, Inc..