About Xplore
Xplore is a company based in Mercer Island (United States) founded in 1995. It operates as a Data-as-a-Service, and SaaS (Software-as-a-Service). Xplore has raised $16.2 million across 1 funding round from investors including Mercer Advisors, Alumni Ventures and Brightstone Venture Capital. Xplore has completed 1 acquisition, including Kubos Corporation. Xplore offers products and services including Data as a Service, Compute as a Service, and Operations as a Service. Xplore operates in a competitive market with competitors including Apex, Moon Express, Gravitics, York Space Systems and Gama, among others.
- Headquarter Mercer Island, United States
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.2 M (USD)
in 1 rounds
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Latest Funding Round
$16.2 M (USD), Series B
Feb 24, 2022
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Investors
Mercer Advisors
& 10 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Xplore
Xplore offers a comprehensive portfolio of products and services, including Data as a Service, Compute as a Service, and Operations as a Service. 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.
Data is provided from diverse satellite sensors.
Orbital computing is offered for data processing.
Satellite operations software is provided for management.
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Funding Insights of Xplore
Xplore has successfully raised a total of $16.2M through 1 strategic funding round. The most recent funding activity was a Series B round of $16.2 million completed in February 2022. 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 Series B — $16.2M
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First Round
First Round
(24 Feb 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series B - Xplore | Valuation | Alumni Ventures , Brightstone Venture Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Xplore
Xplore has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Mercer Advisors, Alumni Ventures and Brightstone Venture Capital. 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 investing and portfolio management services for accredited investors.
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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 Xplore
Xplore has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kubos Corporation. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Open-source mission control software for satellite launches is provided.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Xplore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Xplore Comparisons
Competitors of Xplore
Xplore 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 Apex, Moon Express, Gravitics, York Space Systems and Gama, 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 |
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| domain | founded_year | HQ Location |
Space buses for exploration are manufactured and designed by Apex.
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| domain | founded_year | HQ Location |
Lunar transportation and mining services
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| domain | founded_year | HQ Location |
Manufacturer of components for space stations
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| domain | founded_year | HQ Location |
Spacecraft manufacturing costs are minimized via patented platform technology.
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| domain | founded_year | HQ Location |
Scalable solar sails for deep space missions are developed.
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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 Xplore
Frequently Asked Questions about Xplore
When was Xplore founded?
Xplore was founded in 1995 and raised its 1st funding round 27 years after it was founded.
Where is Xplore located?
Xplore is headquartered in Mercer Island, United States. It is registered at Mercer Island, Washington, United States.
Who is the current CEO of Xplore?
Jeff Rich is the current CEO of Xplore.
Is Xplore a funded company?
Xplore is a funded company, having raised a total of $16.2M across 1 funding round to date. The company's 1st funding round was a Series B of $16.2M, raised on Feb 24, 2022.
What does Xplore do?
Xplore is involved in delivering innovative satellite services through a low Earth orbit constellation. High-quality remote sensing data products and edge computing solutions are offered. The companys flagship XCRAFT satellite features multiple sensor types including hyperspectral and infrared. Services such as Data as a Service, Compute as a Service, and Operations as a Service are provided to empower businesses with data, algorithms, and satellite management tools. The focus is placed on reducing latency and costs for critical insights across various use cases.
Who are the top competitors of Xplore?
Xplore's top competitors include Apex, Gravitics and Moon Express.
What products or services does Xplore offer?
Xplore offers Data as a Service, Compute as a Service, and Operations as a Service.
How many acquisitions has Xplore made?
Xplore has made 1 acquisition, including Kubos Corporation.
Who are Xplore's investors?
Xplore has 11 investors. Key investors include Mercer Advisors, Alumni Ventures, Brightstone Venture Capital, KittyHawk Ventures, and The Private Shares Fund.
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