About XSuite
XSuite is a Technology company based in Cambridge (United States) founded in 2004, and was acquired by 3i Group in June 2022. Invoices and orders are digitized and managed via XSuite platform. The company has 14 employees. XSuite has completed 1 acquisition, including tangro. Its website xsuite.com draws about 25 thousand monthly visits. XSuite offers products and services including xSuite Invoice, xSuite Procurement, and xSuite Archive. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report. Its legal entity is xSuite Group GmbH. Its competitors include Neat, Docsumo and Oddr; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2004 and based in Cambridge, United States, XSuite operates in the data digitization sector for small and medium-sized businesses. Invoice, purchase order, and sales order data are extracted and managed through the platform, which also generates reports and dashboards. Integration is supported with systems such as SAP, Microsoft Dynamics NAV, SharePoint, Exchange, and web services. Partnerships include entities like 2BM, Abyor, and Applicon.
- Headquarters Cambridge, United States
- Employees 14
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website xsuite.com
- Social LinkedIn Facebook
- Acquired by 3i Group (Jun 2022)
- Legal Name Xsuite Group Gmbh
Products & Services of XSuite
XSuite offers a comprehensive portfolio of products and services, including xSuite Invoice, xSuite Procurement, and xSuite Archive.
Automates invoice verification and processing in SAP systems.
Digitalizes purchasing and supply chain processes.
Enables high-speed document storage for ERP systems.
Investors in XSuite
XSuite has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 3i Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on mid-market businesses | 1945 | 3i.com | London, United Kingdom |
Investor details for XSuite
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People of XSuite
6 people are tracked at XSuite (2 in leadership, 4 in team); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
Jan Schulze | Global Vice President Product Management | Leadership |
Matthias Lemenkühler | Chief Product And Technology Officer (cpto) | Leadership |
Mehrnaz Shirazi | Junior Product Manager | Team |
Andrea von Wurmb | Technical Editor | Team |
Dannys Janssen | Software Developer | Team |
Andreas Turowski | Software Architekt | Team |
Complete people profiles for XSuite
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Investments & Acquisitions by XSuite
XSuite has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include tangro.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Automated software for document processing, invoice management, and SAP integration. | tangro.de | Heidelberg, Germany | 1998 | May 2024 | •••• |
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Competitors of XSuite
XSuite has 3 listed competitors in our database, 3 of them funded. They include Neat, Docsumo and Oddr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| neat.com | 2002 | Philadelphia, United States | $16.89M | 33 | Cloud-based digital filing systems are provided for small businesses. | |
| docsumo.com | 2019 | Lewes, United States | $3.72M | 34 | Data from unstructured documents is extracted via cloud-based automation. | |
| oddr.com | 2022 | San Francisco, United States | $2M | An AI-based platform for invoice digitization is provided by Oddr. |
Detailed competitors of XSuite
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Web traffic of XSuite
The website of XSuite (xsuite.com) receives about 25.2K visits a month.
- Monthly visits25.2K
▼ 5.8% vs previous month
Websites whose visitors overlap most with XSuite. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| afi-solutions.com | 100% | View details | |||
| kms-technology.com | 89% | 60.3K | #607,411 | View details | |
transcenda.com | transcenda.com | 89% | #2,211,412 | – | |
| artsyltech.com | 89% | #850,221 | View details | ||
| jetthoughts.com | 89% | #2,702,242 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for XSuite
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Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as XSuite (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Xsuite
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Frequently Asked Questions about XSuite
XSuite was founded in 2004.
XSuite is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
XSuite has 14 employees.
Founded in 2004 and based in Cambridge, United States, XSuite operates in the data digitization sector for small and medium-sized businesses. Invoice, purchase order, and sales order data are extracted and managed through the platform, which also generates reports and dashboards. Integration is supported with systems such as SAP, Microsoft Dynamics NAV, SharePoint, Exchange, and web services. Partnerships include entities like 2BM, Abyor, and Applicon.
XSuite offers xSuite Invoice, xSuite Procurement, and xSuite Archive.
XSuite has made 1 acquisition, including tangro.
XSuite has 1 investor. Key investors include 3i Group.
XSuite operates through Xsuite Group Gmbh.
Yes. XSuite was acquired by 3i Group in June 2022.