What is Xactly?
Xactly empowers thousands of companies and millions of sellers globally to surpass their revenue targets. The Xactly Intelligent Revenue Platform integrates artificial intelligence with extensive proprietary data, offering intuitive applications for sentiment, process, and trend analysis to generate accurate machine forecasts. This platform facilitates the rapid identification and implementation of revenue plans, quotas, and territory improvements, while also enabling swift calculation of complex compensation plans to maintain sales team motivation and focus. The company's solutions are designed to foster long-term revenue growth by enabling leaders to look beyond immediate quarterly goals.
How much funding has Xactly raised?
Xactly has raised a total of $134.2M across 8 funding rounds:
Series A
$4M
Series B
$8M
Series C
$15M
Series D
$30M
Series E
$7.5M
Series F
$12M
Other Financing Round
$1.4M
Stock Offering
$56.3M
Series A (2005): $4M with participation from Rembrandt Venture Partners and Bay Partners
Series B (2006): $8M led by Rembrandt Venture Partners, Spinner Asset Management, Outlook Ventures, and Bay Partners
Series C (2007): $15M supported by Illuminate Ventures, Rembrandt Venture Partners, Bay Partners, Spinner Asset Management, Outlook Ventures, and Alloy Ventures
Series D (2008): $30M featuring Cheyenne Capital, Alloy Ventures, Bay Partners, Rembrandt Venture Partners, Outlook Ventures, and Illuminate Ventures
Series E (2010): $7.5M backed by Key Venture Partners, Illuminate Ventures, Rembrandt Venture Partners, Bay Partners, and Alloy Ventures
Series F (2010): $12M with participation from salesforce.com, Rembrandt Ventures, Alloy Ventures, Outlook Ventures, Glynn Capital, Bridgescale Partners, Bay Partners, and Cheyenne Partners
Other Financing Round (2012): $1.4M led by Rembrandt Venture Partners
Stock Issuance/Offering (2015): $56.3M, investors not publicly disclosed
Key Investors in Xactly
Illuminate Ventures
Illuminate Ventures is a venture capital firm specializing in early-stage B2B and enterprise software startups, with a focus on data and AI-driven companies. They aim to transform startups into market leaders.
Rembrandt Venture Partners
Rembrandt Venture Partners invests in emerging enterprise technology companies, leveraging over 30 years of C-Level operating experience to guide growth and build impactful businesses in software, security, and DevOps.
Bay Partners
Bay Partners is a venture capital firm with extensive experience in guiding technology companies towards successful liquidity events, including IPOs and M&As, since 1976.
What's next for Xactly?
With substantial backing and a focus on intelligent revenue solutions, Xactly is well-positioned for continued expansion and innovation. The company's strategic investments signal a commitment to enhancing its AI-driven forecasting and compensation management capabilities. Future developments are likely to center on further refining its platform to provide deeper insights into sales performance, optimize revenue operations, and adapt to evolving market dynamics. This sustained financial support will enable Xactly to solidify its leadership in the competitive revenue intelligence landscape.
See full Xactly company page
