About XSEED
XSEED is a company based in Singapore (Singapore) by Ashish Rajpal.. XSEED has raised $20.02 million across 2 funding rounds from investors including Verlinvest and Lighthouse Funds. The company has 102 employees as of April 08, 2024. XSEED has completed 2 acquisitions, including Pleolabs and Report Bee. XSEED offers products and services including SuperTeacher App, XSEED Bookpack, and XSEED Curriculum. XSEED operates in a competitive market with competitors including Amplify, EVERFI, Numerade, Carnegie Learning and IXL Learning, among others.
- Headquarter Singapore, Singapore
- Employees 102 as on 08 Apr, 2024
- Founders Ashish Rajpal
- Stage Minicorn
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xseed Education Private Limited
- Date of Incorporation 08 Oct, 2014
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$8.06 M (USD)12.07as on Mar 31, 2023
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Net Profit
$721.89 K (USD)-36.57as on Mar 31, 2023
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EBITDA
$617.77 K (USD)-35.69as on Mar 31, 2023
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Total Equity Funding
$20.02 M (USD)
in 2 rounds
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Latest Funding Round
$10.02 M (USD), Series B
Dec 09, 2016
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Investors
Verlinvest
& 1 more
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Employee Count
102
as on Apr 08, 2024
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Investments & Acquisitions
Pleolabs
& 1 more
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Products & Services of XSEED
XSEED offers a comprehensive portfolio of products and services, including SuperTeacher App, XSEED Bookpack, and XSEED Curriculum. 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.
App for preparing and delivering effective classroom lessons
Workbooks for student practice in various subjects
Academic program building thinking and problem-solving skills
Unlock access to complete
Funding Insights of XSEED
XSEED has successfully raised a total of $20.02M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10.02 million completed in December 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 B — $10.0M
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First Round
First Round
(01 Sep 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Series B - XSEED | Valuation | Verlinvest |
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| Sep, 2010 | Amount | Series A - XSEED | Valuation | Lighthouse |
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| 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 XSEED
XSEED has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Verlinvest and Lighthouse Funds. 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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Single family office of a Belgian family focused on multiple industries
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Founded Year | Domain | Location | |
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Investment funds for Indian startups are managed by Lighthouse.
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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 XSEED
XSEED has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Pleolabs and Report Bee. 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
|
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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Learning and assessment platform for K12 schools is offered.
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2012 | ||||
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Cloud-based digital report-cards and academic analytics are provided for schools.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - XSEED
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Xseed Comparisons
Competitors of XSEED
XSEED 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 Amplify, EVERFI, Numerade, Carnegie Learning and IXL Learning, 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 |
High-quality K-12 curriculum and assessments are provided by Amplify.
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| domain | founded_year | HQ Location |
Online courses for workplace, higher, and school education are offered.
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| domain | founded_year | HQ Location |
Provider of study assistance platform for students
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| domain | founded_year | HQ Location |
Maths learning resources and curricula are provided for students.
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| domain | founded_year | HQ Location |
Personalized instruction in core subjects is delivered via subscriptions.
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| domain | founded_year | HQ Location |
Online platform providing learning solutions for school students
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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 Xseed
Frequently Asked Questions about XSEED
Where is XSEED located?
XSEED is headquartered in Singapore, Singapore.
Who is the current CEO of XSEED?
Ashish Rajpal is the current CEO of XSEED. They have also founded this company.
Is XSEED a funded company?
XSEED is a funded company, having raised a total of $20.02M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Sep 01, 2010.
How many employees does XSEED have?
As of Apr 08, 2024, the latest employee count at XSEED is 102.
What is the annual revenue of XSEED?
Annual revenue of XSEED is $8.06M as on Mar 31, 2023.
What does XSEED do?
Operations are based in Singapore within the education sector. Academic programs are delivered to schools to foster thinking and problem-solving skills among students. Teacher training sessions are conducted, practice workbooks are distributed to children, and additional resources are supplied. MAX, a weekly digital class focused on science and mathematics, is offered as part of the services.
What products or services does XSEED offer?
XSEED offers SuperTeacher App, XSEED Bookpack, and XSEED Curriculum.
How many acquisitions has XSEED made?
XSEED has made 2 acquisitions, including Pleolabs, and Report Bee.
Who are XSEED's investors?
XSEED has 2 investors. Key investors include Verlinvest, and Lighthouse Funds.
What is XSEED's valuation?
The valuation of XSEED is $147.93M as of Dec 2016.