XLerant

Stamford, United States Founded: 2008 • Age: 18 yrs Acquired By Jonas Software
Cloud-based budgeting, forecasting, and reporting solutions are provided.

About XLerant

XLerant is a company based in Stamford (United States) founded in 2008 was acquired by Jonas Software in April 2018. XLerant has raised $7.38 million across 5 funding rounds from investors including Jonas Software, Chrysalis Ventures and Connecticut Innovations. The company has 7 employees. XLerant offers products and services including BudgetPak, Forecasting Service, and Reporting Service. XLerant operates in a competitive market with competitors including Brightflow AI, Centage, Causal, Up and Board, among others.

Key Metrics
  • Total Equity Funding
    $7.38M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.68M (USD), Series A

    Apr 2013

  • Investors
  • Employee Count
    7
  • Acquired by

Products & Services of XLerant

XLerant offers a comprehensive portfolio of products and services, including BudgetPak, Forecasting Service, and Reporting Service.

BudgetPak
Budgeting Software

Cloud-based tool for budgeting, forecasting, and financial reporting.

Forecasting Service
Financial Analysis

Platform for predicting financial outcomes and variances accurately.

Reporting Service
Data Analysis

Software for generating and analyzing financial reports in real-time.

Funding Insights of XLerant

XLerant has successfully raised a total of $7.38M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.68 million completed in April 2013. 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 $7.38M
  • Total Rounds 5
  • Last Round Series A β€” $1.68M
  • First Round $1.2M

    (Jan 2008)

  • Investors Count 4

All 5 funding rounds of XLerant with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2013$1.68MSeries A––
–
Jan 2012$3MSeries A–Chrysalis Ventures
Apr 2011$1.5MSeed–Advantage Capital, Ironwood Capital
–
Oct 2010$863,572Debt – Convertible––
–
Jan 2008$1.2MSeed––
Valuation history

5 investors in total: 5 institutional.

Investors in XLerant

XLerant has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Jonas Software, Chrysalis Ventures and Connecticut Innovations.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
VC firm making investment in early & growth stage healthcare & tech companies in the US
–chrysalisventures.comLouisville, United States
Venture capital services for biotech, IT, and innovative sectors in Connecticut.
–ctinnovations.com-
Private equity investment firm
–advantagecap.comNew Orleans, United States
Private equity and debt investments are focused on multiple sectors.
–ironwoodcap.comAvon, United States
Enterprise management software is provided to hospitality and industry verticals.
1990jonassoftware.comMarkham, Canada
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Investor details for XLerant

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.

Timeline of XLerant

4 dated milestones of XLerant across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded XLerant is founded.
  2. Funding First funding round of $1.2M.
  3. Funding Latest funding round, Series A, of $1.7M.
  4. Exit Acquired by Jonas Software.

Competitors of XLerant

XLerant 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 Brightflow AI, Centage, Causal, Up and Board, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
brightflow.ai2019Berkeley, United States$15M–
Cloud-based AI-driven cash flow forecasting is offered for businesses.
centage.com2002Natick, United States$24.31M–
Budgeting and planning software solutions for small to medium sized businesses.
causal.app2019St Albans, United Kingdom$25.9M2
Cloud-based financial planning and predictive analytics are offered to businesses.
up.com.au2017Melbourne, Australia––
Up is recognized as a digital banking platform in Australia.
board.com1994Chiasso, Switzerland$23.81M99
Cloud-based financial planning and analysis and budgeting solutions for enterprises
emma-app.com2017London, United Kingdom$7.64M9
Money management tools are offered via an app for individuals.
ineacorp.com1992Berlin, Germany$10M–
Performance management software is provided to financial institutions by IneaCorp.
fraxion.biz1997Seattle, United States$4.5M–
Cloud-based procurement management software is developed for various sectors.
clockwork.io2018Palo Alto, United States$41.58M1
Cloud-based workforce scheduling and activity planning are facilitated.
futrli.com2014Brighton, United Kingdom$7.28M29
Cloud-based cash flow forecasting and budgeting are offered to businesses.
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Detailed competitors of XLerant

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 XLerant

The website of XLerant (xlerant.com) receives about 2.1K visits a month.

  • Monthly visits
    2.1K
Similar websites

Websites whose visitors overlap most with XLerant. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
corporate-budgeting-software.com
corporate-budgeting-software.com
100%
–––
spicer-baer.com
spicer-baer.com
99%
–––
budgetinformationsystem.com
budgetinformationsystem.com
99%
–––
centage.com
98%
5.4K#3,804,470View details

Latest news on Xlerant

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Complete news archive for XLerant

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

Verified entity values are shown only after access is granted.

Similar companies to XLerant

10 companies that operate in the same segment as XLerant (Finance & Accounting Applications), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Subscription-based online banking is offered to SMEs and freelancers.
2017Paris, FranceUSD 717.15 M––
Cloud-based ERP software is provided for business management across segments.
1996Oslo, Oslo, NorwayUSD 198.09 M––
Payflow is recognized as a financial wellness application for employees.
2020Alcobendas, Comunidad De Madrid, SpainUSD 58.23 M––
Cloud-based HR and payroll solutions are offered for small businesses.
2012San Francisco, California, United StatesUSD 718.35 M––
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Frequently Asked Questions about XLerant

XLerant was founded in 2008.

XLerant is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.

XLerant is a funded company, having raised a total of $7.38M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Jan 2008.

XLerant has 7 employees.

XLerant was founded in 2008 and is headquartered in Stamford, United States. The company operates in the financial software sector, offering a SaaS platform named BudgetPak for budgeting, forecasting, and reporting. This solution enables non-finance personnel to participate in budgeting through simplified interfaces, including situational budgeting, revenue planning, and asset management features. Real-time tracking via an Interactive Budget Map is provided, along with finance-specific tools like calculations, workflows, and security.

XLerant's top competitors include Up, Centage and Brightflow AI.

XLerant offers BudgetPak, Forecasting Service, and Reporting Service.

XLerant has 5 investors. Key investors include Jonas Software, Chrysalis Ventures, Connecticut Innovations, Advantage Capital, and Ironwood Capital.

XLerant operates through Xlerant Inc.

Yes. XLerant was acquired by Jonas Software in April 2018.

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