About XREX
XREX is a company based in Taipei (Taiwan) founded in 2018.. XREX has raised $42.75 million across 4 funding rounds from investors including SBI Group, Yushan Bank and SYSTEX. The company has 1 employees as of June 30, 2020. XREX operates in a competitive market with competitors including Chainalysis, CertiK, Ledger, Elliptic and MetaMask, among others.
- Headquarter Taipei, Taiwan
- Employees 1 as on 30 Jun, 2020
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xrex Estonia Oü
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$42.75 M (USD)
in 4 rounds
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Latest Funding Round
$18.75 M (USD), Series A
Jun 05, 2024
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Investors
SBI Group
& 16 more
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Employee Count
1
as on Jun 30, 2020
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Funding Insights of XREX
XREX has successfully raised a total of $42.75M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $18.75 million completed in June 2024. 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 4
- Last Round Series A — $18.8M
- First Round First Round
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - XREX | Valuation | Tether | |
| Aug, 2021 | Amount | Seed - XREX | Valuation | CDIB Capital Group | |
| Jun, 2019 | Amount | Seed - XREX | Valuation | AppWorks |
| 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 XREX
XREX has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SBI Group, Yushan Bank and SYSTEX. 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 funds are managed to support unlisted companies' growth.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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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 XREX
| 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 - XREX
| 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 |
Xrex Comparisons
Competitors of XREX
XREX 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 Chainalysis, CertiK, Ledger, Elliptic and MetaMask, 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 |
Blockchain data platform insights for cryptocurrency are delivered.
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| domain | founded_year | HQ Location |
Online platform for blockchain and smart contract cybersecurity
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| domain | founded_year | HQ Location |
Ledger is recognized for providing secure cryptocurrency hardware wallets.
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| domain | founded_year | HQ Location |
Provider of transaction monitoring and fraud prevention solutions for crypto businesses
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| domain | founded_year | HQ Location |
Browser-based hot wallet for cryptocurrency management and transactions is provided.
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| domain | founded_year | HQ Location |
Provider of enterprise data management and blockchain analytics solutions for digital assets
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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 Xrex
Frequently Asked Questions about XREX
When was XREX founded?
XREX was founded in 2018.
Where is XREX located?
XREX is headquartered in Taipei, Taiwan.
Who is the current CEO of XREX?
Wayne Huang is the current CEO of XREX.
Is XREX a funded company?
XREX is a funded company, having raised a total of $42.75M across 4 funding rounds to date. The company's 1st funding round was a Seed of $7M, raised on Nov 08, 2018.
How many employees does XREX have?
As of Jun 30, 2020, the latest employee count at XREX is 1.
What does XREX do?
XREX was founded in 2018 in Taipei, Taiwan, as a provider of blockchain-enabled financial services. Enterprise-grade banking solutions are delivered to small and medium-sized businesses, while user-friendly options are extended to individuals globally. Key services encompass a fiat-crypto exchange for trading cryptocurrencies and currencies, a secure escrow for international transactions, and a network supporting business collaborations. Compliance and security are maintained through partnerships with banks and regulators.
Who are XREX's investors?
XREX has 17 investors. Key investors include SBI Group, Yushan Bank, SYSTEX, ThreeD Capital, and Tether.
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