What is Xceed?
Since 2009, Xceed has been dedicated to building a premier going-out community. The company leverages data-driven technology to empower millions of businesses globally, enabling them to better manage their spaces and events. Simultaneously, Xceed aims to connect with billions of party lovers, creating a comprehensive ecosystem for the entertainment and hospitality sectors. The recent major strategic investment suggests a phase of scaling and market expansion, building upon its decade-long foundation.
How much funding has Xceed raised?
Xceed has raised a total of $2.6M across 2 funding rounds:
Angel/Seed
$597K
Unspecified
$2M
Angel/Seed (2015): $597K with participation from 360 Capital Partners
Unspecified (2022): $2M led by Superhero Capital, Trind Ventures, and M-Venture
Key Investors in Xceed
360 Capital Partners
360 Capital Partners is a venture capital firm specializing in innovation investments across Europe, with a strong focus on France and Italy. They bring extensive experience in venture capital, having followed-up and exited over 80 companies, and leverage a significant international network for co-investments.
Superhero Capital
Superhero Capital is a venture capital fund focused on supporting software-driven startups in the New Nordics, particularly Finland and the Baltics, providing initial investments and strategic guidance.
Trind Ventures
Trind Ventures is a founder-first venture capital firm investing in early-stage consumer startups across Europe, offering resources and guidance to ambitious teams.
What's next for Xceed?
The substantial enterprise-level funding, particularly the recent strategic investment, positions Xceed for accelerated growth and market penetration. This capital infusion is likely to fuel product development, enhance technological capabilities, and expand its user base and business partnerships. The company's focus on data-driven solutions for businesses and consumers in the nightlife and events industry indicates a strategic push to solidify its leadership position and explore new avenues for innovation and revenue generation.
See full Xceed company page
