About XS Financial
XS Financial is a company based in Los Angeles (United States) founded in 2017.. XS Financial has raised $10.2 million across 9 funding rounds from investors including Urban-gro, Quinsam Capital and KushCo Holdings. XS Financial offers products and services including Equipment Financing and Capital Markets Solutions. XS Financial operates in a competitive market with competitors including Good Tree Capital, Canna Business Resources and Alta, among others.
- Headquarter Los Angeles, United States
- Stage Public
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Sectors
HealthcareFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xs Financial Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.2 M (USD)
in 9 rounds
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Latest Funding Round
$33.5 M (USD), Post-IPO
Nov 01, 2021
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Investors
Urban-gro
& 7 more
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Employee Count
Employee Count
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Products & Services of XS Financial
XS Financial offers a comprehensive portfolio of products and services, including Equipment Financing and Capital Markets Solutions. 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.
Offers tailored loans for business equipment to support growth and operations.
Provides funding from $1 million to $75 million for various industries.
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Funding Insights of XS Financial
XS Financial has successfully raised a total of $10.2M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $33.5 million completed in November 2021. 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 9
- Last Round Post-IPO — $33.5M
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First Round
First Round
(14 Nov 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Post-IPO - XS Financial | Valuation |
investors |
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| Mar, 2021 | Amount | Post-IPO - XS Financial | Valuation |
investors |
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| Jan, 2020 | Amount | Post-IPO - XS Financial | Valuation |
investors |
| 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 XS Financial
XS Financial has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Urban-gro, Quinsam Capital and KushCo Holdings. 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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Investment services are offered by Bengal Capital to clients.
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Founded Year | Domain | Location | |
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Venture capital investments are managed by KEY Investment Partners.
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Founded Year | Domain | Location | |
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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 XS Financial
| 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 - XS Financial
| 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 |
Xs Financial Comparisons
Competitors of XS Financial
XS Financial 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 Good Tree Capital, Canna Business Resources and Alta, 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 |
Offers digital wallets and loans for cannabis industry financing.
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| domain | founded_year | HQ Location |
Offers loans for cannabis operations, equipment, and real estate funding.
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| domain | founded_year | HQ Location |
Low-code platform enables Android and iOS app development.
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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 Xs Financial
Frequently Asked Questions about XS Financial
When was XS Financial founded?
XS Financial was founded in 2017.
Where is XS Financial located?
XS Financial is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of XS Financial?
David Kivitz is the current CEO of XS Financial.
Is XS Financial a funded company?
XS Financial is a funded company, having raised a total of $10.2M across 9 funding rounds to date.
What does XS Financial do?
Provider of equipment leasing solutions for cannabis and hemp industries. The company provides equipment for extraction methods (alcohol, hydrocarbon and supercritical carbon dioxide extractors), prepost-processing equipment (decarboxylation, winterization, distillation, and isolation), peripheral equipment (analyticalindustrial scales, vacuum ovens, manualautomatic pipettes, hot plates, and beakers), consumables (solvents and reagents such as alcohols, hydrocarbons, and carbon dioxide and disposable materials), HPLC (high-pressure liquid chromatography), GC (gas chromatography), and CPC (centrifugal partition chromatography).
Who are the top competitors of XS Financial?
XS Financial's top competitors include Alta, Good Tree Capital and Canna Business Resources.
What products or services does XS Financial offer?
XS Financial offers Equipment Financing and Capital Markets Solutions.
Who are XS Financial's investors?
XS Financial has 8 investors. Key investors include Urban-gro, Quinsam Capital, KushCo Holdings, Landrace Financial, and Bengal Capital.