About Xola
Xola is a company based in Houston (United States) founded in 2011.. Xola has raised $7.74 million across 2 funding rounds from investors including WI Harper Group, Rakuten Capital and Bee Partners. The company has 26 employees as of April 05, 2024. Xola operates in a competitive market with competitors including Checkfront, GlobalTix, TrekkSoft, travel Compositor and Booking Boss, among others.
- Headquarter Houston, United States
- Employees 26 as on 05 Apr, 2024
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xola Travels Private Limited
- Date of Incorporation 12 Oct, 2011
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$732.54 K (USD)44.02as on Mar 31, 2023
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Net Profit
$43.83 K (USD)33.79as on Mar 31, 2023
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EBITDA
$79.25 K (USD)41.11as on Mar 31, 2023
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Total Equity Funding
$7.74 M (USD)
in 2 rounds
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Latest Funding Round
$5.94 M (USD), Series A
Jan 04, 2016
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Investors
WI Harper Group
& 8 more
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Employee Count
26
as on Apr 05, 2024
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Funding Insights of Xola
Xola has successfully raised a total of $7.74M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.94 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 Total Funding
- Total Rounds 2
- Last Round Series A — $5.9M
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First Round
First Round
(03 Feb 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Series A - Xola | Valuation | Rakuten Capital |
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| Feb, 2014 | Amount | Seed - Xola | Valuation | Bee Partners , WI Harper Group |
| 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 Xola
Xola has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include WI Harper Group, Rakuten Capital and Bee Partners. 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 firm focused on technology, fintech, e-commerce, mobility platforms, and multiple sectors
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Founded Year | Domain | Location | |
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Seed and early-stage micro investments are targeted in the US.
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Founded Year | Domain | Location | |
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VC firm that does investment in early stage companies in the US & China
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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 Xola
| 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 - Xola
| 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 |
Xola Comparisons
Competitors of Xola
Xola 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 Checkfront, GlobalTix, TrekkSoft, travel Compositor and Booking Boss, 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 |
Online bookings for leisure and tour activities are managed.
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| domain | founded_year | HQ Location |
SaaS-driven end-to-end ticketing & distribution solution for the travel industry
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| domain | founded_year | HQ Location |
Booking and channel management software is provided for tour operators.
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| domain | founded_year | HQ Location |
Software for multidestination B2B & B2C travel reservations
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| domain | founded_year | HQ Location |
Booking management technology is offered for tours and activities.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Xola
Frequently Asked Questions about Xola
When was Xola founded?
Xola was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Xola located?
Xola is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Is Xola a funded company?
Xola is a funded company, having raised a total of $7.74M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.8M, raised on Feb 03, 2014.
How many employees does Xola have?
As of Apr 05, 2024, the latest employee count at Xola is 26.
What is the annual revenue of Xola?
Annual revenue of Xola is $732.54K as on Mar 31, 2023.
What does Xola do?
Xolas provides a cloud-based platform for booking and payment solutions to SMBs in the tourism industry. It offers services to manage booking, calendaring, scheduling, and payments. Allows them to create custom packages, discount, manage gears, provide guides, and more. Customers can book on the phone, on the website, or through the point of sale. Also, offers customer management and engagement features like email marketing, incentivizing customers for social media marketing, and more.
Who are the top competitors of Xola?
Who are Xola's investors?
Xola has 9 investors. Key investors include WI Harper Group, Rakuten Capital, Bee Partners, StartX, and TSVC.
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