Xworks

London, United Kingdom Founded: 2020 • Age: 6 yrs
Online platform for trading commercial waste
Annual revenue - Latest available
Total funding $20,000 1 rounds
Employees 1 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Xworks

Xworks is a company based in London (United Kingdom) founded in 2020 by Alexander Hall, Adrian Coutsoftides, and Electra Coutsoftides. Xworks has raised $20 thousand across 1 funding round from investors including Techstars. The company has 1 employees as of December 31, 2022. Xworks offers products and services including Xworks Platform and XTrade. Xworks operates in a competitive market with competitors including Olio, METYCLE, Metaloop, cieTrade and Safi, among others.

  • Headquarter London, United Kingdom
  • Employees 1 as on 31 Dec, 2022
  • Founders Alexander Hall, Adrian Coutsoftides, Electra Coutsoftides
  • Sectors
    Environment
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Xworks Tech Ltd
  • Date of Incorporation 23 Jul, 2020
  • Jurisdiction LONDON, LONDON, UNITED KINGDOM
Operational Areas
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $20 K (USD)

    in 1 rounds

  • Latest Funding Round
    $20 K (USD), Seed

    Jun 01, 2022

  • Investors
  • Employee Count
    1

    as on Dec 31, 2022

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Products & Services of Xworks

Xworks offers a comprehensive portfolio of products and services, including Xworks Platform and XTrade.

Product name locked
Category locked
Primary

Platform for secure professional connections in waste management

Product name locked
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Service for buying and selling waste commodities efficiently

Funding Insights of Xworks

Xworks has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2022. 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.

Investors in Xworks

Xworks has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars.

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Venture Fund
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
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Investor details for Xworks

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Investments & Acquisitions by Xworks

Investments
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Investment portfolio details for Xworks

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Financial Statements - Xworks

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Detailed financials for Xworks

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Xworks Comparisons

Xworks Primary company
Description
Online platform for trading commercial waste
Location
London, United Kingdom
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2022
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Peer comparison for Xworks

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Competitors of Xworks

Xworks 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 Olio, METYCLE, Metaloop, cieTrade and Safi, among others.

Company Name Domain Founded year HQ Location Description
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Surplus goods are shared among neighbors through a mobile app.
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International scrap metal trading is enabled via an online platform.
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B2B online scrap metal marketplace
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Software for recycling, trading, commodity management, and inventory control operations.
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AI solutions are provided for trading recyclables with quality control.
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Global commodity trading house dealing in metals, scrap, alloys, and hedging services.
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Detailed competitors of Xworks

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Latest news on Xworks

Introducing XTrade
Xworkstech2 years ago
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Complete news archive for Xworks

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Frequently Asked Questions about Xworks

Xworks was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Xworks is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Electra Coutsoftides is the current CEO of Xworks. They have also founded this company.

Xworks is a funded company, having raised a total of $20K across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Xworks is 1.

Xworks was founded in 2020 in London, United Kingdom, as an online platform focused on the waste and recycling sector. Commercial waste trading is facilitated for businesses via a secure network that includes validated user profiles and encrypted chat features. Connections between traders are enabled to support efficient exchanges of recyclable materials and waste management services across the region.

Xworks's top competitors include Olio, METYCLE and Safi.

Xworks offers Xworks Platform and XTrade.

Xworks has 1 investor. Key investors include Techstars.

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