About Xwing
Xwing is a company based in San Francisco (United States) founded in 2016.. Xwing has raised $57.23 million across 4 funding rounds from investors including GitHub, Microsoft and Thales Group. The company has 87 employees as of December 31, 2022. Xwing operates in a competitive market with competitors including Reliable Robotics, Merlin Labs, Daedalean, Woodward and Genesys Aerosystems, among others.
- Headquarter San Francisco, United States
- Employees 87 as on 31 Dec, 2022
- Stage Minicorn
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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
$57.23 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series B
Apr 15, 2021
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Investors
GitHub
& 13 more
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Employee Count
87
as on Dec 31, 2022
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Mechanical Team
1 people
Sales and Marketing
1 people
Lead Team
1 people
Software Development Team
1 people
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Funding Insights of Xwing
Xwing has successfully raised a total of $57.23M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in April 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 4
- Last Round Series B — $40.0M
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First Round
First Round
(16 Mar 2018)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series B - Xwing | Valuation | Blackhorn Ventures | |
| May, 2020 | Amount | Series A - Xwing | Valuation | R7 Partners | |
| Jul, 2018 | Amount | Seed - Xwing | Valuation | Eniac Ventures |
| 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 Xwing
Xwing has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include GitHub, Microsoft and Thales Group. 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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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in the US & Israel
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Founded Year | Domain | Location | |
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Early-stage investments are targeted by Alven, a venture capital firm.
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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 Xwing
| 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 - Xwing
| 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 |
Xwing Comparisons
Competitors of Xwing
Xwing 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 Reliable Robotics, Merlin Labs, Daedalean, Woodward and Genesys Aerosystems, 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.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Xwing
Frequently Asked Questions about Xwing
When was Xwing founded?
Xwing was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Xwing located?
Xwing is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Xwing a funded company?
Xwing is a funded company, having raised a total of $57.23M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Mar 16, 2018.
How many employees does Xwing have?
As of Dec 31, 2022, the latest employee count at Xwing is 87.
What does Xwing do?
Founded in 2016 in San Francisco, United States, Xwing operates in the aerospace sector. Autonomous flight technology has been created for commercial aircraft, with sensors and maps integrated into onboard control systems. Navigation capabilities are enhanced through these systems, supporting safe aerial operations. The focus remains on advancing aviation autonomy, with activities centered in the U.S. geographic region.
Who are the top competitors of Xwing?
Xwing's top competitors include Reliable Robotics, Merlin Labs and Woodward.
Who are Xwing's investors?
Xwing has 14 investors. Key investors include GitHub, Microsoft, Thales Group, Eniac Ventures, and Array Ventures.
What is Xwing's valuation?
The valuation of Xwing is $400M as of Apr 2021.
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