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. 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
- Founders Alexander Hall, Adrian Coutsoftides, Electra Coutsoftides
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website xworkstech.com
- Social LinkedIn
- Legal Name Xworks Tech Ltd
- Date of Incorporation 23 Jul, 2020
- Jurisdiction LONDON, UNITED KINGDOM
- Total Equity Funding$20K (USD)
in 1 rounds
- Latest Funding Round$20K (USD), Seed
Jun 2022
- Investors
- Employee Count1
Products & Services of Xworks
Xworks offers a comprehensive portfolio of products and services, including Xworks Platform and XTrade.
Platform for secure professional connections in waste management
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.
- Total Funding $20,000
- Total Rounds 1
- Last Round Seed — $20,000
- First Round $20,000
(Jun 2022)
- Investors Count 1
All 1 funding rounds of Xworks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $20,000 | Seed | – | Techstars | – |
1 investors in total: 1 institutional.
Investors in Xworks
Xworks has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States |
Investor details for Xworks
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People of Xworks
3 people are tracked at Xworks (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Alexander Hall | Co-Founder | Leadership |
Adrian Coutsoftides | Co-Founder | Leadership |
Electra Coutsoftides | Co-Founder & CEO | Leadership |
Complete people profiles for Xworks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Xworks
2 dated milestones of Xworks across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Xworks is founded.
- Funding First funding round of $20K.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olioapp.com | 2015 | London, United Kingdom | $51.2M | 90 | Surplus goods are shared among neighbors through a mobile app. | |
| metycle.com | 2022 | Cologne, Germany | $21.4M | – | International scrap metal trading is enabled via an online platform. | |
| metaloop.com | 2022 | Graz, Austria | $17.08M | – | B2B online scrap metal marketplace | |
| cietrade.com | 1999 | Norwalk, United States | – | 20 | Software for recycling, trading, commodity management, and inventory control operations. | |
| safi.co | 2021 | London, United Kingdom | $19.5M | – | AI solutions are provided for trading recyclables with quality control. | |
| asier.in | 2019 | India | – | – | Global commodity trading house dealing in metals, scrap, alloys, and hedging services. | |
| circlr.nz | 2022 | Northland, New Zealand | – | – | Waste is measured, tracked, and traded by businesses via software. | |
| metalvyapar.com | 2023 | Gurugram, India | – | – | An e-commerce platform for metal scrap trading. | |
| wastepe.com | 2022 | Gurugram, India | – | – | Mobile app platform for selling waste categories like plastics and metals online. |
Detailed competitors of Xworks
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- Full competitor set
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Web traffic of Xworks
The website of Xworks (xworkstech.com) receives about 2.4K visits a month.
- Monthly visits2.4K
Latest news on Xworks
Complete news archive for Xworks
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Similar companies to Xworks
10 companies that operate in the same segment as Xworks (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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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. The company's 1st funding round was a Seed of $20K, raised on Jun 2022.
Xworks has 1 employees.
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 offers Xworks Platform and XTrade.
Xworks has 1 investor. Key investors include Techstars.
Xworks operates through Xworks Tech Ltd.