Xpansiv

San Francisco, United States Founded: 2016 • Age: 10 yrs
Offsets and renewable energy marketplace
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About Xpansiv

Xpansiv is a company based in San Francisco (United States) founded in 2016 by Jeff Cohen.. Xpansiv has raised $712.17 million across 8 funding rounds from investors including Goldman Sachs, bp and S&P Global. Xpansiv has completed 5 acquisitions, including APX, Evident and Evolution Markets. Xpansiv offers products and services including CBL, H2OX, Aviation Carbon Exchange, OTX, and Market Data Suite. Xpansiv operates in a competitive market with competitors including European Energy Exchange, XCHG, LME, MGEX and FXSpotStream, among others.

  • Headquarter San Francisco, United States
  • Founders Jeff Cohen
  • Stage Unicorn
  • Sectors
    Financial Services
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Capital Markets & Trading
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $712.17 M (USD)

    in 8 rounds

  • Latest Funding Round
    $125 M (USD), Series D

    Jan 11, 2023

  • Investors
    Goldman Sachs

    & 14 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    APX

    & 4 more

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Products & Services of Xpansiv

Xpansiv offers a comprehensive portfolio of products and services, including CBL, H2OX, Aviation Carbon Exchange, OTX, and Market Data Suite. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for trading carbon credits and environmental commodities.

Facilitates trading of water entitlements in Australian markets.

Marketplace for aviation carbon offset obligations.

Provides access to renewable fuels and stockholding obligations.

Offers real-time data for environmental market trading.

People of Xpansiv
Headcount 50-200
Employee Profiles 5
Board Members and Advisors 17
Employee Profiles
People
Paul Sestili
Head of XPortfolio
People
Joe Madden
Director
People
John Rowland
Xportfolio Trading Systems Director
People
Dmitri Bassarab
Senior Software Engineer

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Board Members and Advisors
people
Kim Raath
Advisor
people
Will Stewart
Board Member
people
Mark Benfield
Advisor

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Funding Insights of Xpansiv

Xpansiv has successfully raised a total of $712.17M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $125 million completed in January 2023. 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 Rounds 8
  • Last Round Series D — $125.0M
  • First Round

    (01 Jan 2016)

  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2023 Amount Series D - Xpansiv Valuation

investors

Jul, 2022 Amount Series D - Xpansiv Valuation Blackstone
Sep, 2021 Amount Series C - Xpansiv Valuation CEFC , CommBank
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Xpansiv

Xpansiv has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, bp and S&P Global. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Clean energy investments are facilitated by this Australian corporation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Xpansiv

Xpansiv has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include APX, Evident and Evolution Markets. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
AI infrastructure and development services are provided globally.
2016
Environmental assets are certified and registered globally by Evident.
2015
Energy management solutions are provided via a cloud-based platform.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Xpansiv

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Xpansiv Comparisons

Employees
+
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Competitors of Xpansiv

Xpansiv 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 European Energy Exchange, XCHG, LME, MGEX and FXSpotStream, 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
Commodities exchange
domain founded_year HQ Location
Operates as a commodity exchange for trading services.
domain founded_year HQ Location
Metal commodity exchange
domain founded_year HQ Location
Commodities are traded on the exchange founded in 1881.
domain founded_year HQ Location
Offers multibank API and GUI for foreign exchange and precious metals trading services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Xpansiv

Frequently Asked Questions about Xpansiv

When was Xpansiv founded?

Xpansiv was founded in 2016.

Where is Xpansiv located?

Xpansiv is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Xpansiv?

Joe Madden is the current CEO of Xpansiv.

Is Xpansiv a funded company?

Xpansiv is a funded company, having raised a total of $712.17M across 8 funding rounds to date. The company's 1st funding round was a Series C of $100M, raised on Jan 01, 2016.

What does Xpansiv do?

Xpansiv was founded in 2016 in San Francisco, United States, as a marketplace for offsets and renewable energy. Operations focus on serving as a liquidity hub for ESG commodities, including carbon offsets, Renewable Energy Certificates (RECs), and differentiated fuels. Buyers and sellers are connected through this centralized platform to meet ESG commitments in the environmental sector.

Who are the top competitors of Xpansiv?

Xpansiv's top competitors include European Energy Exchange, LME and MGEX.

What products or services does Xpansiv offer?

Xpansiv offers CBL, H2OX, Aviation Carbon Exchange, OTX, and Market Data Suite.

How many acquisitions has Xpansiv made?

Xpansiv has made 5 acquisitions, including APX, Evident, and Evolution Markets.

Who are Xpansiv's investors?

Xpansiv has 15 investors. Key investors include Goldman Sachs, bp, S&P Global, CommBank, and Oxy.

What is Xpansiv's valuation?

The valuation of Xpansiv is $1.2B as of Jul 2022.

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